SBA lenders
The 2321 institutions writing the most 7(a) and 504 paper, out of 6,049 that have appeared since FY1991. Every figure covers both programs and the full record unless the column says otherwise.
2321 lenders · sorted by most active (Dollars approved since FY2021)
1Live Oak Banking CompanyWilmington, NC15,965$21.0B$1.3M0.8%+63%2The Huntington National BankColumbus, OH85,181$20.2B$238K3.1%-18%3Readycap Lending, LLCBerkeley Heights, NJ25,111$12.3B$488K11.5%-19%4U.S. Bank, National AssociationCincinnati, OH73,176$14.5B$198K4.5%+11%5Celtic Bank CorporationSalt Lake City, UT13,050$6.5B$501K3.4%+56%6Newtek Bank, National AssociationMiami, FL7,295$2.9B$402K0.0%-5%7Mortgage Capital Development CorporationOakland, CA7,110$6.5B$919K2.0%-5%8Byline BankChicago, IL5,865$6.0B$1.0M3.8%+22%9Wells Fargo Bank National AssociationSioux Falls, SD117,218$31.7B$270K5.5%-46%10First Internet Bank of IndianaFishers, IN1,910$2.4B$1.2M0.9%+26%11TD Bank, National AssociationWilmington, DE39,570$6.6B$167K5.8%-22%12GBankLas Vegas, NV1,023$2.6B$2.5M0.3%+21%13Harvest Small Business Finance, LLCLaguna Hills, CA2,464$2.7B$1.1M0.1%+36%14Bank of America, National AssociationCharlotte, NC92,536$8.3B$90K10.8%-27%15JPMorgan Chase Bank, National AssociationColumbus, OH86,515$12.4B$143K7.3%-31%16Newtek Small Business Finance, Inc.Lake Success, NY7,315$5.0B$682K4.2%N/A17First Bank of the LakeOsage Beach, MO2,092$1.8B$859K0.8%-19%18Business Finance CapitalLos Angeles, CA2,489$2.8B$1.1M0.4%+14%19Enterprise Bank & TrustClayton, MO5,273$4.7B$897K0.6%+0%20BayFirst National BankSaint Petersburg, FL12,553$2.6B$208K7.7%-32%21United Midwest Savings Bank National AssociationDe Graff, OH6,766$2.4B$362K4.2%+13%22KeyBank National AssociationCleveland, OH24,072$5.9B$246K4.0%+4%23CDC Small Business Finance Corp.San Diego, CA12,434$7.7B$622K4.2%+13%24Beacon Bank and TrustBrookline, MA6,791$2.7B$399K1.9%+7%25Fifth Third BankCincinnati, OH20,790$7.9B$380K9.6%+1%26Florida Business Development CorporationTampa, FL7,091$4.2B$594K6.2%-6%27Bank of HopeLos Angeles, CA36,978$8.6B$232K6.6%+39%28Pinnacle BankNashville, TN5,420$3.5B$651K4.1%-3%29Old National BankEvansville, IN7,521$3.1B$419K2.8%-24%30California Statewide Certified Development CorporationDavis, CA3,866$3.1B$799K0.6%+16%31Metro City BankDoraville, GA2,468$3.1B$1.3M1.0%-15%32Empire State Certified Development CorporationLatham, NY6,527$4.6B$702K3.0%-13%33Florida First Capital Finance Corporation, Inc.Tallahassee, FL4,608$3.3B$709K5.2%-2%34Manufacturers and Traders Trust CompanyBuffalo, NY39,621$5.5B$138K5.2%+41%35SouthState Bank, National AssociationWinter Haven, FL5,997$3.3B$553K2.4%-59%36US Metro BankGarden Grove, CA937$1.5B$1.6M0.7%+202%37Mountain West Small Business FinanceSalt Lake City, UT5,984$3.3B$559K3.7%-11%38Commonwealth Business BankLos Angeles, CA2,356$2.5B$1.1M0.6%-3%39Open BankLos Angeles, CA2,048$2.6B$1.3M0.3%+8%40Citizens BankElizabethton, TN2,328$1.7B$729K1.6%+10%
Loss rate is charged-off dollars over dollars approved, across the whole record. It is suppressed below 200 loans, where a single borrower moves it several points, and the year-on-year column is suppressed below 30 loans in the prior year, where a handful of loans reads as a triple-digit swing. Recent vintages are right-censored: a lender that grew fast after 2020 has a low rate partly because its book has not had time to season.