Best SBA 7(a) lenders for residential mental retardation facilities
NAICS 623210 — Residential Mental Retardation Facilities.
173 7(a) loans approved in this industry between FY2020 and 2025-12-31, totaling $126.9M.
Loans
173
Total $
$126.9M
Avg loan
$734K
Avg rate
8.31%
Avg term
204 mo
Industry chg-off rate
0.00%
FY20–FY23 cohort
Top 15 lenders in this industry
| # | Lender | Loans | Total $ | Avg loan | Avg rate | Chg-off % |
|---|---|---|---|---|---|---|
| 1 | The Huntington National Bank | 11 | $1.4M | $131K | 10.05% | 0.00% |
| 2 | Peoples National Bank National Association | 7 | $9.6M | $1.4M | 7.79% | 0.00% |
| 3 | Live Oak Banking Company | 7 | $10.2M | $1.5M | 9.57% | — |
| 4 | Harvest Small Business Finance, LLC | 7 | $5.3M | $754K | 6.61% | 0.00% |
| 5 | Newtek Bank, National Association | 7 | $2.5M | $353K | 10.89% | 0.00% |
| 6 | Wells Fargo Bank National Association | 6 | $2.9M | $477K | 7.90% | 0.00% |
| 7 | First Bank | 6 | $3.4M | $559K | 5.50% | 0.00% |
| 8 | Columbia Bank | 6 | $4.3M | $713K | 7.00% | 0.00% |
| 9 | Newtek Small Business Finance, Inc. | 6 | $4.9M | $817K | 7.29% | 0.00% |
| 10 | CalPrivate Bank | 5 | $7.5M | $1.5M | 6.75% | 0.00% |
| 11 | Hiawatha National Bank | 5 | $2.9M | $587K | 6.25% | 0.00% |
| 12 | Northeast Bank | 4 | $4.4M | $1.1M | 9.63% | 0.00% |
| 13 | BMO Bank National Association | 4 | $5.1M | $1.3M | 6.59% | 0.00% |
| 14 | Manufacturers and Traders Trust Company | 4 | $2.6M | $654K | 9.31% | 0.00% |
| 15 | Celtic Bank Corporation | 4 | $3.7M | $923K | 9.25% | 0.00% |
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Methodology
Computed from the SBA 7(a) FOIA dataset (as of 2025-12-31), filtered to NAICS code 623210. Charge-off rates are calculated on the FY2020–FY2023 cohort only.