SBA 7(a) lender data, cut four ways.
SBA Lender Data is an independent research site that ranks every active SBA 7(a) lender using the U.S. Small Business Administration's own FOIA records. We computed rankings from 357,866 7(a) loans totaling $185.95B approved between FY2020 and 2025-12-31. No paid placements. No editorial picks. Just the loan 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)