SBA 7(a) lender data, cut four ways.
Every number on this site comes from the official SBA FOIA dataset — 357,866 7(a) loans approved between FY2020 and 2025-12-31, totaling $185.95B. No opinions. No pay-to-play rankings. Just the record.
Loans analysed
357,866
FY2020 – 2025-12-31
Total $ approved
$185.95B
Lenders ranked
561
with ≥50 loans
States covered
54
Top 10 SBA 7(a) lenders by dollars approved
| # | Lender | Loans | Total $ | Avg loan |
|---|---|---|---|---|
| 1 | Live Oak Banking Company | 9,065 | $12.61B | $1.4M |
| 2 | The Huntington National Bank | 36,214 | $8.02B | $221K |
| 3 | Newtek Bank, National Association | 10,594 | $4.88B | $460K |
| 4 | Readycap Lending, LLC | 9,561 | $4.13B | $432K |
| 5 | U.S. Bank, National Association | 16,217 | $3.97B | $245K |
| 6 | Celtic Bank Corporation | 5,139 | $3.61B | $703K |
| 7 | Byline Bank | 2,776 | $3.39B | $1.2M |
| 8 | Wells Fargo Bank National Association | 11,784 | $3.16B | $268K |
| 9 | Newtek Small Business Finance, Inc. | 4,443 | $2.90B | $652K |
| 10 | TD Bank, National Association | 16,685 | $2.45B | $147K |
Top industries by SBA 7(a) loan volume
- Best SBA lenders for full-service restaurants (16,354 loans)
- Best SBA lenders for limited-service restaurants (11,949 loans)
- Best SBA lenders for residential remodelers (7,351 loans)
- Best SBA lenders for fitness and recreational sports centers (6,770 loans)
- Best SBA lenders for general freight trucking, long distance, truckload (6,764 loans)
- Best SBA lenders for plumbing, heating, and air-conditioning contractors (6,128 loans)
- Best SBA lenders for landscaping services (5,962 loans)
- Best SBA lenders for all other specialty trade contractors (5,857 loans)
By state
- California (41,504)
- Texas (27,103)
- Florida (26,494)
- New York (22,213)
- Ohio (20,597)
- Michigan (13,959)
- Illinois (12,451)
- New Jersey (12,188)
- Pennsylvania (12,186)
- Georgia (10,755)
- Minnesota (9,953)
- Washington (9,783)
- Colorado (9,455)
- Massachusetts (9,024)
- North Carolina (8,130)
- Indiana (7,144)
- Arizona (7,055)
- Wisconsin (6,600)
- Virginia (6,081)
- Missouri (6,063)
- Utah (6,037)
- Maryland (5,987)
- Oregon (5,565)
- Connecticut (4,503)
- Tennessee (4,197)
- South Carolina (4,059)
- Nevada (3,601)
- Idaho (3,252)
- Oklahoma (3,166)
- PR (2,926)
- Kentucky (2,850)
- New Hampshire (2,836)
- Kansas (2,712)
- Louisiana (2,688)
- Alabama (2,537)
- Iowa (2,279)
- Mississippi (2,028)
- Nebraska (1,953)
- Arkansas (1,913)
- Maine (1,897)
- New Mexico (1,532)
- Rhode Island (1,307)
- Montana (1,285)
- Delaware (1,167)
- West Virginia (1,132)
- Vermont (998)
- South Dakota (922)
- Hawaii (906)
- North Dakota (784)
- District of Columbia (741)
- Alaska (636)
- Wyoming (605)
- VI (85)
- GU (42)