SBA lender growth, FY2024 → FY2025
Which SBA lenders actually grew last year — and by how much? Six ranked growth leaderboards computed from the official SBA Lender Detail reports across three views — 7(a) lenders, 504 CDCs, and a combined 7(a) + 504 cross-program view — each by approved dollars and by loan count. Every view also carries the FY2026 year-to-date leaders so far, and full-FY2025 standings for 504 third-party lenders close out the page.
- $37.1B FY2025 7(a) dollars approved
- 77,954 FY2025 7(a) loans approved
- $476K FY2025 average 7(a) loan size up 7.4% from FY2024 ($443K)
7(a) lenders — dollar growth
Largest FY2024 → FY2025 increase in approved 7(a) dollars.
Top 25 of 1,763 7(a) lenders analyzed.
| Lender | State | Status | ||||
|---|---|---|---|---|---|---|
| 1 | Northeast Bank | ME | $289M | $1.31B | +$1.02B+352.2% | |
| 2 | Live Oak Banking Company | NC | $1.98B | $2.85B | +$868.7M+43.8% | |
| 3 | The Huntington National Bank | OH | $1.99B | $2.49B | +$491.7M+24.7% | |
| 4 | Port 51 Lending LLC | NY | $78.8M | $353.9M | +$275.1M+349.0% | |
| 5 | Lendistry SBLC, LLC | CA | $173.9M | $384.8M | +$210.9M+121.3% | |
| 6 | US Metro Bank | CA | $73.9M | $276.9M | +$203M+274.5% | |
| 7 | U.S. Bank National Association | OH | $708.2M | $871.2M | +$163M+23.0% | |
| 8 | First Internet Bank of Indiana | IN | $580.3M | $712.3M | +$132M+22.8% | |
| 9 | ReadyCap Lending, LLC | NJ | $1.04B | $1.17B | +$127.5M+12.2% | |
| 10 | Climate First Bank | FL | $10.4M | $136M | +$125.6M+1,208.0% | |
| 11 | Pathward National Association | SD | $140.3M | $260.6M | +$120.3M+85.7% | |
| 12 | Truliant FCU | NC | $104.1M | $222.7M | +$118.7M+114.0% | |
| 13 | Harvest Small Business Finance, LLC | CA | $330.8M | $446M | +$115.2M+34.8% | |
| 14 | United Midwest Savings Bank, National Association | OH | $279.9M | $380.6M | +$100.7M+36.0% | |
| 15 | Celtic Bank Corporation | UT | $499.4M | $592.9M | +$93.5M+18.7% | |
| 16 | Zions Bancorporation, National Association | UT | $148.8M | $239.5M | +$90.7M+60.9% | |
| 17 | Manufacturers and Traders Trust Company | NY | $207.8M | $293.9M | +$86.1M+41.4% | |
| 18 | Centerstone SBA Lending, Inc. | CA | $74.9M | $160.9M | +$86M+114.9% | |
| 19 | First National Bank of Pennsylvania | PA | $102.3M | $184.9M | +$82.6M+80.8% | |
| 20 | Heritage Bank, Inc. | KY | $52.3M | $130.9M | +$78.6M+150.2% | |
| 21 | GBank | NV | $474.6M | $552.4M | +$77.8M+16.4% | |
| 22 | Enterprise Bank & Trust | MO | $205.7M | $282M | +$76.3M+37.1% | |
| 23 | United FCU | MI | $298K | $69.3M | +$69.1M+23,171.2% | |
| 24 | Banc of California | CA | $61.2M | $129.8M | +$68.6M+112.1% | |
| 25 | The Bancorp Bank National Association | SD | $82.3M | $150.4M | +$68.1M+82.6% |
FY2026 year-to-date leaders
| Rank | Lender | State | FY2026 loans | FY2026 dollars | Status |
|---|---|---|---|---|---|
| 1 | Live Oak Banking Company | NC | 1,822 | $1.88B | |
| 2 | Newtek Bank, National Association | FL | 4,406 | $1.2B | |
| 3 | The Huntington National Bank | OH | 2,921 | $1.12B | |
| 4 | U.S. Bank National Association | OH | 2,495 | $706.9M | |
| 5 | Northeast Bank | ME | 3,064 | $570.4M | |
| 6 | Celtic Bank Corporation | UT | 1,011 | $457.5M | |
| 7 | Bank of Hope | CA | 354 | $438.4M | |
| 8 | Harvest Small Business Finance, LLC | CA | 376 | $410.3M | |
| 9 | GBank | NV | 125 | $403.4M | |
| 10 | US Metro Bank | CA | 206 | $388.6M |
7(a) lenders — loan-count growth
Largest FY2024 → FY2025 increase in approved 7(a) loan units.
Top 25 of 1,763 7(a) lenders analyzed.
| Lender | State | Status | ||||
|---|---|---|---|---|---|---|
| 1 | Northeast Bank | ME | 2,552 | 7,800 | +5,248+205.6% | |
| 2 | Newtek Bank, National Association | FL | 3,819 | 4,828 | +1,009+26.4% | |
| 3 | Manufacturers and Traders Trust Company | NY | 1,832 | 2,701 | +869+47.4% | |
| 4 | Lendistry SBLC, LLC | CA | 1,002 | 1,849 | +847+84.5% | |
| 5 | Live Oak Banking Company | NC | 1,440 | 2,280 | +840+58.3% | |
| 6 | Zions Bancorporation, National Association | UT | 607 | 1,217 | +610+100.5% | |
| 7 | Celtic Bank Corporation | UT | 960 | 1,482 | +522+54.4% | |
| 8 | U.S. Bank National Association | OH | 3,119 | 3,453 | +334+10.7% | |
| 9 | SmartBiz Bank National Association | IL | 16 | 334 | +318+1,987.5% | |
| 10 | Stone Bank | AR | 15 | 226 | +211+1,406.7% | |
| 11 | Port 51 Lending LLC | NY | 61 | 226 | +165+270.5% | |
| 12 | Grasshopper Bank National Association | NY | 38 | 201 | +163+428.9% | |
| 13 | Harvest Small Business Finance, LLC | CA | 331 | 472 | +141+42.6% | |
| 14 | United Midwest Savings Bank, National Association | OH | 843 | 963 | +120+14.2% | |
| 15 | AMPAC Tri-State CDC, Inc. | CA | 32 | 146 | +114+356.3% | |
| 16 | Truliant FCU | NC | 66 | 166 | +100+151.5% | |
| 17 | Bank of Hope | CA | 283 | 382 | +99+35.0% | |
| 18 | Magnifi Financial Credit Union | MN | 45 | 144 | +99+220.0% | |
| 19 | Byline Bank | IL | 410 | 505 | +95+23.2% | |
| 20 | Regions Bank | AL | 93 | 187 | +94+101.1% | |
| 21 | Climate First Bank | FL | 15 | 108 | +93+620.0% | |
| 22 | US Metro Bank | CA | 43 | 135 | +92+214.0% | |
| 23 | First Internet Bank of Indiana | IN | 397 | 487 | +90+22.7% | |
| 24 | Shoreham Bank | RI | 65 | 153 | +88+135.4% | |
| 25 | First National Bank of Pennsylvania | PA | 109 | 188 | +79+72.5% |
FY2026 year-to-date leaders
| Rank | Lender | State | FY2026 loans | FY2026 dollars | Status |
|---|---|---|---|---|---|
| 1 | Newtek Bank, National Association | FL | 4,406 | $1.2B | |
| 2 | Northeast Bank | ME | 3,064 | $570.4M | |
| 3 | The Huntington National Bank | OH | 2,921 | $1.12B | |
| 4 | U.S. Bank National Association | OH | 2,495 | $706.9M | |
| 5 | Manufacturers and Traders Trust Company | NY | 2,419 | $256.4M | |
| 6 | Live Oak Banking Company | NC | 1,822 | $1.88B | |
| 7 | TD Bank, National Association | DE | 1,677 | $251.1M | |
| 8 | ReadyCap Lending, LLC | NJ | 1,292 | $342.9M | |
| 9 | Celtic Bank Corporation | UT | 1,011 | $457.5M | |
| 10 | SmartBiz Bank National Association | IL | 864 | $174.3M |
504 CDCs — dollar growth
Largest FY2024 → FY2025 increase in approved 504 dollars.
Top 25 of 181 504 CDCs analyzed.
| Lender | State | Status | ||||
|---|---|---|---|---|---|---|
| 1 | The Mortgage Capital Development Corporation | CA | $644.6M | $836.4M | +$191.9M+29.8% | |
| 2 | Mountain West Small Business Finance | UT | $225.5M | $324.5M | +$99M+43.9% | |
| 3 | California Statewide Certified Development Corporation | CA | $290.7M | $377.2M | +$86.5M+29.7% | |
| 4 | Granite State Economic Development Corporation | NH | $107M | $157.9M | +$50.9M+47.6% | |
| 5 | SomerCor 504, Inc. | IL | $119.1M | $162.3M | +$43.2M+36.2% | |
| 6 | Advantage Certified Development Corporation | CA | $69.3M | $109.5M | +$40.3M+58.2% | |
| 7 | Florida First Capital Finance Corporation, Inc. | FL | $387.3M | $427M | +$39.7M+10.2% | |
| 8 | Trenton Business Assistance Corporation | NJ | $132.1M | $167.1M | +$35M+26.5% | |
| 9 | Midwest Business Finance Corporation | MN | $73.7M | $100.9M | +$27.2M+36.9% | |
| 10 | Bay Area Employment Development Company | CA | $52.7M | $79.7M | +$26.9M+51.1% | |
| 11 | St. Charles County Economic Development Council | MO | $8.44M | $33.5M | +$25M+296.8% | |
| 12 | Great Lakes Commercial Finance | MI | $36.7M | $61.5M | +$24.8M+67.7% | |
| 13 | Rappahannock Economic Development Corporation | VA | $16.2M | $40.7M | +$24.5M+150.9% | |
| 14 | Greater Texas Capital Corporation | TX | $51.6M | $75.8M | +$24.3M+47.0% | |
| 15 | Business Finance Capital | CA | $361.4M | $385M | +$23.6M+6.5% | |
| 16 | South Eastern Economic Development Company of Pennsylvania | PA | $19.1M | $41.2M | +$22.1M+116.1% | |
| 17 | Community Certified Development Corporation | TX | $19.1M | $40.4M | +$21.3M+111.7% | |
| 18 | CDC Small Business Finance Corp. | CA | $73.4M | $94.5M | +$21.1M+28.8% | |
| 19 | Intermountain Business Lending, Inc. | UT | $28.4M | $49.4M | +$21M+74.0% | |
| 20 | Dakota Business Finance | SD | $37M | $56.2M | +$19.2M+51.9% | |
| 21 | AMPAC Tri-State CDC, Inc. | CA | $54.9M | $73.9M | +$19M+34.5% | |
| 22 | Twin Cities-Metro Certified Development Company | MN | $50M | $68.9M | +$18.9M+37.8% | |
| 23 | Rural Missouri, Inc. | MO | $62.4M | $79.5M | +$17.1M+27.3% | |
| 24 | Bay Colony Development Corp. | MA | $72.8M | $89.7M | +$16.9M+23.2% | |
| 25 | Southland Economic Development Corporation | CA | $65.9M | $81.8M | +$15.9M+24.2% |
FY2026 year-to-date leaders
| Rank | Lender | State | FY2026 loans | FY2026 dollars | Status |
|---|---|---|---|---|---|
| 1 | The Mortgage Capital Development Corporation | CA | 396 | $604.1M | |
| 2 | Business Finance Capital | CA | 283 | $391.3M | |
| 3 | Florida Business Development Corporation | FL | 322 | $355.8M | |
| 4 | Florida First Capital Finance Corporation, Inc. | FL | 238 | $322.8M | |
| 5 | California Statewide Certified Development Corporation | CA | 238 | $321.2M | |
| 6 | Mountain West Small Business Finance | UT | 210 | $251.7M | |
| 7 | Empire State Certified Development Corporation dba Pursuit CDC | NY | 161 | $196.2M | |
| 8 | Capital Certified Development Corporation | TX | 118 | $177.5M | |
| 9 | Small Business Growth Corporation | IL | 147 | $172.5M | |
| 10 | Trenton Business Assistance Corporation | NJ | 87 | $166.9M |
504 CDCs — loan-count growth
Largest FY2024 → FY2025 increase in approved 504 loan units.
Top 25 of 181 504 CDCs analyzed.
| Lender | State | Status | ||||
|---|---|---|---|---|---|---|
| 1 | California Statewide Certified Development Corporation | CA | 238 | 308 | +70+29.4% | |
| 2 | The Mortgage Capital Development Corporation | CA | 490 | 548 | +58+11.8% | |
| 3 | Mountain West Small Business Finance | UT | 216 | 264 | +48+22.2% | |
| 4 | Business Finance Capital | CA | 269 | 303 | +34+12.6% | |
| 5 | Capital Certified Development Corporation | TX | 120 | 150 | +30+25.0% | |
| 6 | Capital Matrix, Inc. | ID | 54 | 78 | +24+44.4% | |
| 7 | Florida First Capital Finance Corporation, Inc. | FL | 327 | 349 | +22+6.7% | |
| 8 | Great Lakes Commercial Finance | MI | 38 | 58 | +20+52.6% | |
| 9 | WBD, Inc. | WI | 164 | 184 | +20+12.2% | |
| 10 | Intermountain Business Lending, Inc. | UT | 32 | 50 | +18+56.3% | |
| 11 | Rappahannock Economic Development Corporation | VA | 19 | 37 | +18+94.7% | |
| 12 | Bay Area Employment Development Company | CA | 50 | 66 | +16+32.0% | |
| 13 | Central Minnesota Development Company | MN | 9 | 25 | +16+177.8% | |
| 14 | Indiana Statewide Certified Development Corporation | IN | 38 | 54 | +16+42.1% | |
| 15 | South Eastern Economic Development Company of Pennsylvania | PA | 20 | 36 | +16+80.0% | |
| 16 | B:Side Capital | CO | 111 | 126 | +15+13.5% | |
| 17 | Dakota Business Finance | SD | 51 | 66 | +15+29.4% | |
| 18 | Empire State Certified Development Corporation dba Pursuit CDC | NY | 215 | 230 | +15+7.0% | |
| 19 | Small Business Growth Corporation | IL | 164 | 178 | +14+8.5% | |
| 20 | Northwest Business Development Association | WA | 38 | 51 | +13+34.2% | |
| 21 | Greater Texas Capital Corporation | TX | 24 | 36 | +12+50.0% | |
| 22 | Iowa Business Growth Company | IA | 16 | 28 | +12+75.0% | |
| 23 | Nevada State Development Corporation | NV | 41 | 53 | +12+29.3% | |
| 24 | CDC Small Business Finance Corp. | CA | 68 | 79 | +11+16.2% | |
| 25 | Capital Partners Certified Development Company | GA | 38 | 49 | +11+28.9% |
FY2026 year-to-date leaders
| Rank | Lender | State | FY2026 loans | FY2026 dollars | Status |
|---|---|---|---|---|---|
| 1 | The Mortgage Capital Development Corporation | CA | 396 | $604.1M | |
| 2 | Florida Business Development Corporation | FL | 322 | $355.8M | |
| 3 | Business Finance Capital | CA | 283 | $391.3M | |
| 4 | California Statewide Certified Development Corporation | CA | 238 | $321.2M | |
| 5 | Florida First Capital Finance Corporation, Inc. | FL | 238 | $322.8M | |
| 6 | Mountain West Small Business Finance | UT | 210 | $251.7M | |
| 7 | Empire State Certified Development Corporation dba Pursuit CDC | NY | 161 | $196.2M | |
| 8 | WBD, Inc. | WI | 155 | $155.1M | |
| 9 | Small Business Growth Corporation | IL | 147 | $172.5M | |
| 10 | Granite State Economic Development Corporation | NH | 132 | $95.9M |
Combined 7(a) + 504 — dollar growth
Largest FY2024 → FY2025 increase in approved dollars across both programs, matched on exact lender name and state.
Top 25 of 1,905 combined 7(a) + 504 lenders analyzed.
| Lender | State | Status | ||||
|---|---|---|---|---|---|---|
| 1 | Northeast Bank | ME | $289M | $1.31B | +$1.02B+352.2% | |
| 2 | Live Oak Banking Company | NC | $1.98B | $2.85B | +$868.7M+43.8% | |
| 3 | The Huntington National Bank | OH | $1.99B | $2.49B | +$491.7M+24.7% | |
| 4 | Port 51 Lending LLC | NY | $78.8M | $353.9M | +$275.1M+349.0% | |
| 5 | Lendistry SBLC, LLC | CA | $173.9M | $384.8M | +$210.9M+121.3% | |
| 6 | US Metro Bank | CA | $73.9M | $276.9M | +$203M+274.5% | |
| 7 | The Mortgage Capital Development Corporation | CA | $653.2M | $845.3M | +$192.1M+29.4% | |
| 8 | U.S. Bank National Association | OH | $708.2M | $871.2M | +$163M+23.0% | |
| 9 | First Internet Bank of Indiana | IN | $580.3M | $712.3M | +$132M+22.8% | |
| 10 | ReadyCap Lending, LLC | NJ | $1.04B | $1.17B | +$127.5M+12.2% | |
| 11 | Climate First Bank | FL | $10.4M | $136M | +$125.6M+1,208.0% | |
| 12 | Pathward National Association | SD | $140.3M | $260.6M | +$120.3M+85.7% | |
| 13 | Truliant FCU | NC | $104.1M | $222.7M | +$118.7M+114.0% | |
| 14 | Harvest Small Business Finance, LLC | CA | $330.8M | $446M | +$115.2M+34.8% | |
| 15 | United Midwest Savings Bank, National Association | OH | $279.9M | $380.6M | +$100.7M+36.0% | |
| 16 | Mountain West Small Business Finance | UT | $227.8M | $324.9M | +$97.2M+42.7% | |
| 17 | Celtic Bank Corporation | UT | $499.4M | $592.9M | +$93.5M+18.7% | |
| 18 | Zions Bancorporation, National Association | UT | $148.8M | $239.5M | +$90.7M+60.9% | |
| 19 | Manufacturers and Traders Trust Company | NY | $207.8M | $293.9M | +$86.1M+41.4% | |
| 20 | California Statewide Certified Development Corporation | CA | $292.3M | $378.4M | +$86.1M+29.5% | |
| 21 | Centerstone SBA Lending, Inc. | CA | $74.9M | $160.9M | +$86M+114.9% | |
| 22 | First National Bank of Pennsylvania | PA | $102.3M | $184.9M | +$82.6M+80.8% | |
| 23 | Heritage Bank, Inc. | KY | $52.3M | $130.9M | +$78.6M+150.2% | |
| 24 | GBank | NV | $474.6M | $552.4M | +$77.8M+16.4% | |
| 25 | Enterprise Bank & Trust | MO | $205.7M | $282M | +$76.3M+37.1% |
FY2026 year-to-date leaders
| Rank | Lender | State | FY2026 loans | FY2026 dollars | Status |
|---|---|---|---|---|---|
| 1 | Live Oak Banking Company | NC | 1,822 | $1.88B | |
| 2 | Newtek Bank, National Association | FL | 4,406 | $1.2B | |
| 3 | The Huntington National Bank | OH | 2,921 | $1.12B | |
| 4 | U.S. Bank National Association | OH | 2,495 | $706.9M | |
| 5 | The Mortgage Capital Development Corporation | CA | 416 | $608.1M | |
| 6 | Northeast Bank | ME | 3,064 | $570.4M | |
| 7 | Celtic Bank Corporation | UT | 1,011 | $457.5M | |
| 8 | Bank of Hope | CA | 354 | $438.4M | |
| 9 | Harvest Small Business Finance, LLC | CA | 376 | $410.3M | |
| 10 | GBank | NV | 125 | $403.4M |
Combined 7(a) + 504 — loan-count growth
Largest FY2024 → FY2025 increase in approved loan units across both programs, matched on exact lender name and state.
Top 25 of 1,905 combined 7(a) + 504 lenders analyzed.
| Lender | State | Status | ||||
|---|---|---|---|---|---|---|
| 1 | Northeast Bank | ME | 2,552 | 7,800 | +5,248+205.6% | |
| 2 | Newtek Bank, National Association | FL | 3,819 | 4,828 | +1,009+26.4% | |
| 3 | Manufacturers and Traders Trust Company | NY | 1,832 | 2,701 | +869+47.4% | |
| 4 | Lendistry SBLC, LLC | CA | 1,002 | 1,849 | +847+84.5% | |
| 5 | Live Oak Banking Company | NC | 1,440 | 2,280 | +840+58.3% | |
| 6 | Zions Bancorporation, National Association | UT | 607 | 1,217 | +610+100.5% | |
| 7 | Celtic Bank Corporation | UT | 960 | 1,482 | +522+54.4% | |
| 8 | U.S. Bank National Association | OH | 3,119 | 3,453 | +334+10.7% | |
| 9 | SmartBiz Bank National Association | IL | 16 | 334 | +318+1,987.5% | |
| 10 | Stone Bank | AR | 15 | 226 | +211+1,406.7% | |
| 11 | Port 51 Lending LLC | NY | 61 | 226 | +165+270.5% | |
| 12 | Grasshopper Bank National Association | NY | 38 | 201 | +163+428.9% | |
| 13 | Harvest Small Business Finance, LLC | CA | 331 | 472 | +141+42.6% | |
| 14 | AMPAC Tri-State CDC, Inc. | CA | 85 | 207 | +122+143.5% | |
| 15 | United Midwest Savings Bank, National Association | OH | 843 | 963 | +120+14.2% | |
| 16 | Truliant FCU | NC | 66 | 166 | +100+151.5% | |
| 17 | Bank of Hope | CA | 283 | 382 | +99+35.0% | |
| 18 | Magnifi Financial Credit Union | MN | 45 | 144 | +99+220.0% | |
| 19 | Byline Bank | IL | 410 | 505 | +95+23.2% | |
| 20 | Regions Bank | AL | 93 | 187 | +94+101.1% | |
| 21 | Climate First Bank | FL | 15 | 108 | +93+620.0% | |
| 22 | US Metro Bank | CA | 43 | 135 | +92+214.0% | |
| 23 | First Internet Bank of Indiana | IN | 397 | 487 | +90+22.7% | |
| 24 | Shoreham Bank | RI | 65 | 153 | +88+135.4% | |
| 25 | First National Bank of Pennsylvania | PA | 109 | 188 | +79+72.5% |
FY2026 year-to-date leaders
| Rank | Lender | State | FY2026 loans | FY2026 dollars | Status |
|---|---|---|---|---|---|
| 1 | Newtek Bank, National Association | FL | 4,406 | $1.2B | |
| 2 | Northeast Bank | ME | 3,064 | $570.4M | |
| 3 | The Huntington National Bank | OH | 2,921 | $1.12B | |
| 4 | U.S. Bank National Association | OH | 2,495 | $706.9M | |
| 5 | Manufacturers and Traders Trust Company | NY | 2,419 | $256.4M | |
| 6 | Live Oak Banking Company | NC | 1,822 | $1.88B | |
| 7 | TD Bank, National Association | DE | 1,677 | $251.1M | |
| 8 | ReadyCap Lending, LLC | NJ | 1,292 | $342.9M | |
| 9 | Celtic Bank Corporation | UT | 1,011 | $457.5M | |
| 10 | SmartBiz Bank National Association | IL | 864 | $174.3M |
504 Third-Party Lenders — FY2025
Third-party lenders fund the private portion of 504 projects alongside each CDC's SBA-backed debenture — ranked here by third-party (TPL) financing dollars.
Full-FY2025 standings from the official SBA 504 Third Party Lender Activity Report, as of September 30, 2025. A FY2024 → FY2025 growth comparison is pending an official FY2024 TPL file.
Top 15 of 1,319 third-party lenders analyzed.
| Rank | Lender | State | |||
|---|---|---|---|---|---|
| 1 | CELTIC BANK CORPORATION | UT | 79 | $449.6M | $249.8M |
| 2 | BANK OF AMERICA, NATIONAL ASSOCIATION | NC | 251 | $353.6M | $276.8M |
| 3 | FIRST-CITIZENS BANK & TRUST COMPANY | NC | 180 | $322.5M | $242.2M |
| 4 | JPMORGAN CHASE BANK, NATIONAL ASSOCIATION | OH | 202 | $284.3M | $217.4M |
| 5 | HARVEST COMMERCIAL CAPITAL, LLC | CA | 175 | $225.6M | $185.6M |
| 6 | BANK FIVE NINE | WI | 62 | $161.9M | $113.8M |
| 7 | WELLS FARGO BANK NATIONAL ASSOCIATION | SD | 72 | $143.2M | $97.6M |
| 8 | LIVE OAK BANKING COMPANY | NC | 36 | $133.2M | $90.1M |
| 9 | NEWTEK BANK, NATIONAL ASSOCIATION | FL | 32 | $111.1M | $67.6M |
| 10 | CITY NATIONAL BANK | CA | 49 | $109.6M | $84.4M |
| 11 | FIRST BANK OF THE LAKE | MO | 38 | $94.6M | $66M |
| 12 | GLACIER BANK | MT | 80 | $94.5M | $64.7M |
| 13 | REGIONS BANK | AL | 49 | $87.7M | $68.1M |
| 14 | U.S. BANK, NATIONAL ASSOCIATION | OH | 39 | $87.2M | $61.6M |
| 15 | KEYBANK NATIONAL ASSOCIATION | OH | 50 | $78.6M | $55.4M |
Methodology & sources
- Official SBA Lender Detail reports. Every ranking is computed directly from the SBA 7(a) and 504 Lender Detail reports for FY2024, FY2025, and FY2026 year-to-date, retrieved August 7, 2026. FY2026 figures are partial-year — they are shown as standings only, and no growth is computed against them.
- 504 third-party lenders. The 504 third-party-lender standings come from the official SBA 504 Third Party Lender Activity Report for FY2025, as of September 30, 2025. Third-party dollars are the private financing beside each SBA-backed 504 debenture; a year-over-year comparison awaits an official FY2024 file.
- Approved dollars, not disbursements. Rankings use SBA-approved loan dollars and counts as reported in the Lender Detail reports. Approvals are a proxy for lending activity — some approved loans are later canceled or never fully disbursed.
- SBA fiscal years. FY2024 and FY2025 are SBA fiscal years: FY2025 runs October 1, 2024 through September 30, 2025. FY2026 year-to-date covers October 1, 2025 through the retrieval date above.
- Combined-view matching. The combined 7(a) + 504 view matches institutions on exact lender name and state and sums their program figures. There is no fuzzy matching: an institution reported under different name variants across programs appears as separate rows.
- Lender counts. Active 7(a) lenders were effectively flat year over year: 1,389 approved at least one 7(a) loan in FY2025, down 10 from 1,399 in FY2024.
- “New in FY25” and “New in FY26”. Chips are derived from the data, never curated: a lender with no FY2024 activity in the official reports is marked “New in FY25” (its percentage growth is left blank — percent change is undefined from a zero baseline), and a year-to-date leader with no FY2025 activity is marked “New in FY26”.
Source data
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