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SBA Lenders for Other Repair & Services

Top lenders ranked by real SBA lending data for other repair & services nationwide.

What Borrowers Should Know

Your industry trades at a 35 basis point pricing advantage over the national median spread. Other Repair & Services sees a median spread of P+2.40% versus P+2.75% nationally, meaning lenders view this sector as less risky. This translates to real savings: on a $442,168 average deal at 7% rates, you'd pay roughly $1,500 less per year than borrowers in higher-spread industries. Lock in this favorable pricing now—it reflects current lender confidence in your sector's stability.

California dominates with 2,539 of your industry's 3,501 total SBA deals (72%), but Arizona comes a distant second at 580 deals. This concentration means lenders in CA have deep repair-service expertise and likely faster approval processes, but it also means tighter competition for local market share. If you're outside CA, you may face fewer specialized lenders—but less competition for capital. Choose your lender geography strategically based on whether you need speed or negotiating power.

The top 3 lenders (Wells Fargo, U.S. Bank, JPMorgan Chase) control 925 of 3,501 deals—26% of your entire industry's SBA volume. This oligopoly means you have fewer true alternatives than the 362 active lenders might suggest. Mid-tier lenders like Celtic Bank and CDC Small Business Finance (84 deals each) often offer faster decisions and more flexible terms for repair services. Before defaulting to the big three, interview at least one mid-market lender—they may better understand your business model.

Total SBA Loans

25,495

Active Lenders

1,787

Avg Deal Size

$369K

Total Volume

$9.4B

Other Repair & Services SBA loans average $369K in deal size across 25,495 total loans. The median 7(a) spread in this segment is P + 2.33%.

Top Lenders for Other Repair & Services

Ranked by total deal count nationwide.

#LenderTypeDealsAvg SizeSpread
1The Huntington National BankBank1,849$200KP + 2.38%
2Wells Fargo Bank National AssociationBank1,780$278KP + 2.78%
3U.S. Bank, National AssociationBank960$232KP + 2.29%
4JPMorgan Chase Bank, National AssociationBank945$203KP + 2.69%
5TD Bank, National AssociationBank632$114KP + 2.83%
6Manufacturers and Traders Trust CompanyBank512$125KP + 2.72%
7Celtic Bank CorporationBank424$213KP + 2.78%
8PNC Bank, National AssociationBank398$208KP + 2.46%
9Readycap Lending, LLCNon-Bank387$245KP + 4.00%
10Northeast BankBank383$142KP + 3.02%
11BayFirst National BankBank367$181KP + 3.65%
12Live Oak Banking CompanyBank361$1.2MP + 1.80%
13United Midwest Savings Bank National AssociationBank327$185KP + 2.77%
14Truist BankBank312$304KP + 2.40%
15KeyBank National AssociationBank263$336KP + 2.37%

Top States for Other Repair & Services

Where other repair & services SBA lending is most active.

California211 lenders
2,802 deals$479K avg
Texas214 lenders
1,998 deals$513K avg
Florida204 lenders
1,945 deals$398K avg
Ohio116 lenders
1,307 deals$204K avg
New York139 lenders
1,273 deals$265K avg
Illinois140 lenders
933 deals$406K avg
Michigan114 lenders
863 deals$302K avg
Minnesota141 lenders
815 deals$318K avg
Massachusetts118 lenders
808 deals$217K avg
Georgia134 lenders
708 deals$473K avg
Colorado113 lenders
702 deals$435K avg
Pennsylvania103 lenders
699 deals$314K avg
Wisconsin123 lenders
639 deals$334K avg
Washington83 lenders
633 deals$348K avg
North Carolina100 lenders
623 deals$450K avg