Best SBA lenders
Best SBA lenders for Utilities
The SBA lenders that fund the most Utilities businesses, ranked by funded volume with each lender's charge-off track record.
By Mario Bailey · Source: SBA FOIA data, as of 2026-03-31
Newtek Bank, National Association funds the most SBA volume in Utilities. Charge-off rates below are each lender's overall rate across all of its loans, as a track-record signal.
| # | Lender | Volume in Utilities | Charge-off |
|---|---|---|---|
| 1 | Newtek Bank, National Association | $35.5M | 0.0% |
| 2 | Bay Colony Development Corporation | $25.0M | 0.0% |
| 3 | Granite State Economic Development Corporation | $22.4M | 0.0% |
| 4 | Enterprise Bank & Trust | $9.6M | 0.1% |
| 5 | Fifth Third Bank | $6.2M | 1.6% |
| 6 | Manufacturers and Traders Trust Company | $6.1M | 4.4% |
| 7 | Georgia's Own Credit Union | $6.0M | 0.5% |
| 8 | U.S. Bank, National Association | $5.9M | 2.2% |
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Method and disclaimer. Ranked by funded SBA volume in
Utilities from the public FOIA 7(a) and 504 data (as of 2026-03-31); see our
methodology. SBA Loan Index is
not affiliated with the SBA and is not a lender, broker, or financial advisor.