SBA LenderData

Best SBA 7(a) lenders for educational support services

NAICS 611710 — Educational Support Services.
731 7(a) loans approved in this industry between FY2020 and 2025-12-31, totaling $203.0M.

Loans
731
Total $
$203.0M
Avg loan
$278K
Avg rate
9.96%
Avg term
126 mo
Industry chg-off rate
3.23%
FY20–FY23 cohort

Top 15 lenders in this industry

# Lender Loans Total $ Avg loan Avg rate Chg-off %
1 Northeast Bank 88 $9.9M $113K 10.87% 0.00%
2 The Huntington National Bank 76 $12.2M $161K 8.50% 2.50%
3 TD Bank, National Association 55 $4.9M $90K 10.74% 10.00%
4 Wells Fargo Bank National Association 51 $4.1M $81K 11.00% 3.33%
5 Readycap Lending, LLC 45 $8.7M $193K 12.64% 0.00%
6 Manufacturers and Traders Trust Company 32 $3.0M $95K 10.19% 5.00%
7 BayFirst National Bank 31 $4.6M $147K 12.10% 22.22%
8 Newtek Bank, National Association 24 $11.9M $497K 11.99% 0.00%
9 U.S. Bank, National Association 22 $6.6M $299K 8.52% 0.00%
10 JPMorgan Chase Bank, National Association 19 $3.5M $182K 12.00% 0.00%
11 Zions Bank, A Division of 14 $1.2M $89K 10.74% 0.00%
12 Cadence Bank 13 $4.1M $313K 7.56% 10.00%
13 Live Oak Banking Company 13 $9.1M $700K 9.09% 0.00%
14 Lendistry SBLC, LLC 12 $2.6M $221K 11.69% 0.00%
15 KeyBank National Association 10 $742K $74K 11.18% 0.00%

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Methodology

Computed from the SBA 7(a) FOIA dataset (as of 2025-12-31), filtered to NAICS code 611710. Charge-off rates are calculated on the FY2020–FY2023 cohort only.