Best SBA 7(a) lenders for all other automotive repair and maintenance
NAICS 811198 — All Other Automotive Repair and Maintenance.
795 7(a) loans approved in this industry between FY2020 and 2025-12-31, totaling $286.1M.
Loans
795
Total $
$286.1M
Avg loan
$360K
Avg rate
9.04%
Avg term
146 mo
Industry chg-off rate
2.42%
FY20–FY23 cohort
Top 15 lenders in this industry
| # | Lender | Loans | Total $ | Avg loan | Avg rate | Chg-off % |
|---|---|---|---|---|---|---|
| 1 | The Huntington National Bank | 88 | $14.7M | $167K | 8.30% | 2.04% |
| 2 | U.S. Bank, National Association | 61 | $10.0M | $165K | 9.38% | 0.00% |
| 3 | Wells Fargo Bank National Association | 53 | $6.3M | $120K | 10.38% | 2.38% |
| 4 | Manufacturers and Traders Trust Company | 43 | $3.7M | $86K | 10.33% | 5.56% |
| 5 | Northeast Bank | 36 | $4.9M | $136K | 10.76% | 0.00% |
| 6 | TD Bank, National Association | 27 | $8.4M | $310K | 9.76% | 0.00% |
| 7 | Readycap Lending, LLC | 21 | $4.7M | $223K | 11.94% | 0.00% |
| 8 | Live Oak Banking Company | 20 | $18.6M | $928K | 8.10% | 0.00% |
| 9 | Newtek Bank, National Association | 17 | $3.2M | $191K | 11.54% | 0.00% |
| 10 | Celtic Bank Corporation | 15 | $6.1M | $406K | 9.78% | 0.00% |
| 11 | BayFirst National Bank | 15 | $2.0M | $132K | 12.32% | 20.00% |
| 12 | KeyBank National Association | 14 | $1.4M | $99K | 10.27% | 0.00% |
| 13 | Enterprise Bank & Trust | 13 | $14.8M | $1.1M | 5.42% | 0.00% |
| 14 | Cadence Bank | 11 | $3.1M | $281K | 9.95% | 28.57% |
| 15 | PNC Bank, National Association | 11 | $495K | $45K | 12.40% | 0.00% |
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Methodology
Computed from the SBA 7(a) FOIA dataset (as of 2025-12-31), filtered to NAICS code 811198. Charge-off rates are calculated on the FY2020–FY2023 cohort only.