LendingClub Bank, National Association
Headquartered in LEHI, UT. Analysis based on 378 SBA 7(a) loans approved between FY2020 and 2025-12-31, totaling $490.2M.
Total 7(a) loans
378
Total approved
$490.2M
Average loan
$1.3M
States funded in
41
Charge-off rate
1.98%
FY2020–FY2023 cohort
Paid-in-full rate
27.39%
Average rate
7.27%
Average term
153 mo
Top 10 industries financed
| NAICS | Industry | Loans |
|---|---|---|
| 722513 | Limited-Service Restaurants | 42 |
| 722511 | Full-Service Restaurants | 30 |
| 713940 | Fitness and Recreational Sports Centers | 28 |
| 812990 | All Other Personal Services | 22 |
| 812199 | Other Personal Care Services | 20 |
| 624410 | Child Day Care Services | 13 |
| 611620 | Sports and Recreation Instruction | 11 |
| 812910 | Pet Care (except Veterinary) Services | 9 |
| 722515 | Snack and Nonalcoholic Beverage Bars | 9 |
| 561720 | Janitorial Services | 6 |
Top 10 states
| State | Loans |
|---|---|
| IL | 58 |
| TX | 52 |
| FL | 47 |
| CA | 29 |
| NJ | 21 |
| NC | 17 |
| MI | 13 |
| CO | 12 |
| KS | 9 |
| OH | 8 |
Top franchise brands financed
171 franchise loans across 63 distinct brands.
| Franchise | Loans |
|---|---|
| Restore Hyper Wellness | 31 |
| Big Blue Swim School | 9 |
| Hotworx | 9 |
| Kilwins Chocolates and Ice Cre | 6 |
| Domino's | 6 |
| Urban Air Adventure Park | 6 |
| Jimmy John's | 6 |
| F45 Training | 6 |
| Camp Bow Wow | 5 |
| Hand and Stone Massage and Fac | 5 |
Get matched with SBA lenders — free
Tell us a bit about your funding need. We'll connect you to SBA-preferred lenders active in your industry and state. No obligation.
Data source & methodology
All figures computed from the SBA Office of Capital Access FOIA dataset (7(a) loans, FY2020–present, as of 2025-12-31). Charge-off and paid-in-full rates are calculated on the FY2020–FY2023 cohort only, so loans have had time to mature. Charge-off rank covers lenders with ≥500 mature loans.