Best SBA 7(a) lenders for janitorial services
NAICS 561720 — Janitorial Services.
2,945 7(a) loans approved in this industry between FY2020 and 2025-12-31, totaling $765.9M.
Loans
2,945
Total $
$765.9M
Avg loan
$260K
Avg rate
9.50%
Avg term
120 mo
Industry chg-off rate
4.30%
FY20–FY23 cohort
Top 15 lenders in this industry
| # | Lender | Loans | Total $ | Avg loan | Avg rate | Chg-off % |
|---|---|---|---|---|---|---|
| 1 | The Huntington National Bank | 314 | $44.1M | $141K | 8.99% | 3.80% |
| 2 | United Midwest Savings Bank National Association | 250 | $39.5M | $158K | 8.79% | 8.78% |
| 3 | TD Bank, National Association | 205 | $21.1M | $103K | 10.93% | 10.00% |
| 4 | Wells Fargo Bank National Association | 127 | $19.8M | $156K | 10.56% | 3.45% |
| 5 | U.S. Bank, National Association | 126 | $19.2M | $152K | 8.85% | 3.51% |
| 6 | Northeast Bank | 117 | $14.9M | $128K | 10.80% | 12.50% |
| 7 | Newtek Bank, National Association | 115 | $27.6M | $240K | 11.78% | 0.00% |
| 8 | Readycap Lending, LLC | 111 | $20.1M | $181K | 12.58% | 8.33% |
| 9 | Manufacturers and Traders Trust Company | 105 | $11.7M | $111K | 11.01% | 1.85% |
| 10 | BayFirst National Bank | 100 | $16.7M | $167K | 11.50% | 8.33% |
| 11 | JPMorgan Chase Bank, National Association | 69 | $15.7M | $228K | 11.18% | 7.41% |
| 12 | Live Oak Banking Company | 65 | $46.7M | $719K | 8.72% | 0.00% |
| 13 | Eastern Bank | 50 | $3.2M | $65K | 9.44% | 0.00% |
| 14 | Bank of America, National Association | 48 | $15.9M | $330K | 7.26% | 0.00% |
| 15 | First Bank of the Lake | 40 | $11.8M | $296K | 10.82% | 0.00% |
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Methodology
Computed from the SBA 7(a) FOIA dataset (as of 2025-12-31), filtered to NAICS code 561720. Charge-off rates are calculated on the FY2020–FY2023 cohort only.