Best SBA 7(a) lenders for testing laboratories
NAICS 541380 — Testing Laboratories.
282 7(a) loans approved in this industry between FY2020 and 2025-12-31, totaling $169.2M.
Loans
282
Total $
$169.2M
Avg loan
$600K
Avg rate
8.12%
Avg term
127 mo
Industry chg-off rate
0.59%
FY20–FY23 cohort
Top 15 lenders in this industry
| # | Lender | Loans | Total $ | Avg loan | Avg rate | Chg-off % |
|---|---|---|---|---|---|---|
| 1 | U.S. Bank, National Association | 18 | $14.7M | $817K | 7.41% | 0.00% |
| 2 | The Huntington National Bank | 13 | $2.7M | $208K | 9.75% | 0.00% |
| 3 | Newtek Bank, National Association | 11 | $5.0M | $454K | 10.89% | 0.00% |
| 4 | Bank of America, National Association | 10 | $8.2M | $819K | 7.72% | 0.00% |
| 5 | Wells Fargo Bank National Association | 10 | $5.6M | $562K | 7.69% | 0.00% |
| 6 | KeyBank National Association | 9 | $5.4M | $596K | 7.79% | 0.00% |
| 7 | Newtek Small Business Finance, Inc. | 7 | $3.0M | $424K | 7.39% | 0.00% |
| 8 | Zions Bank, A Division of | 6 | $3.1M | $514K | 8.17% | 0.00% |
| 9 | Northeast Bank | 6 | $1.1M | $179K | 10.71% | — |
| 10 | Exchange Bank | 6 | $4.5M | $750K | 6.29% | 0.00% |
| 11 | First National Bank of Omaha | 6 | $2.6M | $428K | 4.50% | 0.00% |
| 12 | Manufacturers and Traders Trust Company | 5 | $282K | $56K | 11.55% | 0.00% |
| 13 | Frost Bank | 5 | $2.0M | $402K | 6.45% | 0.00% |
| 14 | BOKF, National Association | 5 | $2.8M | $569K | 8.60% | 0.00% |
| 15 | BayFirst National Bank | 4 | $844K | $211K | 9.06% | 0.00% |
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Methodology
Computed from the SBA 7(a) FOIA dataset (as of 2025-12-31), filtered to NAICS code 541380. Charge-off rates are calculated on the FY2020–FY2023 cohort only.