Best SBA 7(a) lenders for other electronic and precision equipment repair and maintenance
NAICS 811219 — Other Electronic and Precision Equipment Repair and Maintenance.
65 7(a) loans approved in this industry between FY2020 and 2025-12-31, totaling $22.5M.
Loans
65
Total $
$22.5M
Avg loan
$346K
Avg rate
6.10%
Avg term
133 mo
Industry chg-off rate
1.54%
FY20–FY23 cohort
Top 15 lenders in this industry
| # | Lender | Loans | Total $ | Avg loan | Avg rate | Chg-off % |
|---|---|---|---|---|---|---|
| 1 | Wells Fargo Bank National Association | 7 | $844K | $121K | 7.43% | 0.00% |
| 2 | The Huntington National Bank | 5 | $4.6M | $922K | 6.00% | 0.00% |
| 3 | Bank of America, National Association | 3 | $1.1M | $353K | 4.33% | 0.00% |
| 4 | Manufacturers and Traders Trust Company | 3 | $1.6M | $545K | 7.00% | 0.00% |
| 5 | Newtek Small Business Finance, Inc. | 3 | $625K | $208K | 6.00% | 0.00% |
| 6 | PNC Bank, National Association | 2 | $30K | $15K | 10.50% | 0.00% |
| 7 | Northwest Bank | 2 | $1.0M | $500K | 6.75% | 0.00% |
| 8 | SouthState Bank, National Association | 2 | $1.3M | $663K | 4.63% | 0.00% |
| 9 | Banco Popular de Puerto Rico | 2 | $400K | $200K | 5.25% | 0.00% |
| 10 | 21st Century Bank | 2 | $130K | $65K | 5.50% | 0.00% |
| 11 | Bank First, N.A. | 2 | $255K | $128K | 3.96% | 0.00% |
| 12 | Blue Ridge Bank National Association | 2 | $620K | $310K | 7.25% | 0.00% |
| 13 | Cadence Bank | 2 | $561K | $281K | 5.75% | 0.00% |
| 14 | First National Bank of Pennsylvania | 2 | $604K | $302K | 5.50% | 0.00% |
| 15 | Fifth Third Bank | 2 | $359K | $179K | 5.75% | 0.00% |
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Methodology
Computed from the SBA 7(a) FOIA dataset (as of 2025-12-31), filtered to NAICS code 811219. Charge-off rates are calculated on the FY2020–FY2023 cohort only.