SBA LenderData

Best SBA 7(a) lenders for funeral homes and funeral services

NAICS 812210 — Funeral Homes and Funeral Services.
864 7(a) loans approved in this industry between FY2020 and 2025-12-31, totaling $892.2M.

Loans
864
Total $
$892.2M
Avg loan
$1.0M
Avg rate
7.55%
Avg term
212 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 Live Oak Banking Company 179 $301.1M $1.7M 7.11% 0.00%
2 The Huntington National Bank 43 $11.3M $264K 8.46% 0.00%
3 United Midwest Savings Bank National Association 41 $51.0M $1.2M 8.22% 0.00%
4 The Bancorp Bank National Association 28 $36.1M $1.3M 6.54% 0.00%
5 TD Bank, National Association 23 $13.7M $596K 7.93% 0.00%
6 Readycap Lending, LLC 20 $17.5M $874K 8.82% 0.00%
7 Manufacturers and Traders Trust Company 19 $1.4M $72K 9.72% 0.00%
8 North Valley Bank 17 $40.9M $2.4M 6.65% 0.00%
9 IncredibleBank 14 $21.9M $1.6M 5.07% 0.00%
10 Newtek Small Business Finance, Inc. 14 $8.6M $615K 7.30% 0.00%
11 Newtek Bank, National Association 13 $7.7M $596K 11.15% 0.00%
12 Grasshopper Bank National Association 10 $15.0M $1.5M 6.88% 0.00%
13 BayFirst National Bank 10 $2.0M $204K 9.63% 0.00%
14 U.S. Bank, National Association 9 $9.9M $1.1M 7.79%
15 Old National Bank 9 $6.6M $733K 8.34% 0.00%

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Methodology

Computed from the SBA 7(a) FOIA dataset (as of 2025-12-31), filtered to NAICS code 812210. Charge-off rates are calculated on the FY2020–FY2023 cohort only.