SBA LenderData

Best SBA 7(a) lenders for all other miscellaneous schools and instruction

NAICS 611699 — All Other Miscellaneous Schools and Instruction.
632 7(a) loans approved in this industry between FY2020 and 2025-12-31, totaling $238.6M.

Loans
632
Total $
$238.6M
Avg loan
$378K
Avg rate
8.51%
Avg term
135 mo
Industry chg-off rate
2.78%
FY20–FY23 cohort

Top 15 lenders in this industry

# Lender Loans Total $ Avg loan Avg rate Chg-off %
1 The Huntington National Bank 105 $29.0M $276K 8.69% 3.28%
2 Wells Fargo Bank National Association 54 $15.5M $286K 9.15% 0.00%
3 U.S. Bank, National Association 26 $6.3M $241K 8.39% 0.00%
4 TD Bank, National Association 19 $1.5M $81K 9.46% 0.00%
5 BayFirst National Bank 16 $2.1M $131K 10.94% 0.00%
6 Newtek Bank, National Association 15 $2.5M $164K 12.20% 0.00%
7 CDC Small Business Finance Corp. 13 $1.3M $101K 10.56% 12.50%
8 Manufacturers and Traders Trust Company 13 $1.1M $83K 10.42% 14.29%
9 Cadence Bank 13 $3.0M $234K 9.21% 0.00%
10 Live Oak Banking Company 11 $21.1M $1.9M 7.50% 0.00%
11 Newtek Small Business Finance, Inc. 11 $7.8M $708K 8.36% 0.00%
12 Northeast Bank 11 $1.3M $116K 11.27%
13 Meridian Bank 9 $9.4M $1.0M 6.14% 0.00%
14 Bank Five Nine 9 $7.7M $852K 4.72% 0.00%
15 Columbia Bank 9 $5.1M $569K 8.92% 0.00%

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Methodology

Computed from the SBA 7(a) FOIA dataset (as of 2025-12-31), filtered to NAICS code 611699. Charge-off rates are calculated on the FY2020–FY2023 cohort only.