Utilities

1,899 SBA loans totaling $694.5M.

Total Loans

1,899

1991–2025

Total Volume

$694.5M

Gross approval amount

Avg Loan Size

$366K

Median: $124K

Default Rate

8.8%

Avg rate: 7.60%

Active21.3%

Paid in Full56.1%

Charged Off7.5%

Cancelled13.3%

Committed1.4%

Get the complete SBA loan summary for all 20 NAICS industry sectors as a CSV — including loan counts, volume, rates, and default data.

Lender	Loans	Volume▼	Avg Rate	Default Rate
Newtek Bank, National Association	17	$35.4M	10.97%	0.0%
Byline Bank	17	$18.9M	6.13%	13.3%
U.S. Bank, National Association	72	$14.1M	7.51%	8.3%
Wells Fargo Bank National Association	117	$13.5M	9.55%	8.0%
Manufacturers and Traders Trust Company	47	$13.0M	7.00%	2.4%
First Community Bank	10	$11.5M	6.10%	12.5%
Columbia Bank	24	$10.9M	7.50%	14.3%
Live Oak Banking Company	5	$10.7M	7.44%	0.0%
PNC Bank, National Association	63	$10.3M	7.87%	15.5%
Regions Bank	14	$8.8M	5.80%	0.0%
JPMorgan Chase Bank, National Association	60	$8.0M	9.33%	17.9%
Celtic Bank Corporation	17	$7.7M	7.50%	7.7%
Truist Bank	26	$7.6M	6.27%	32.0%
Newtek Small Business Finance, Inc.	14	$7.5M	7.58%	14.3%
MIDDLESEX SAVINGS BANK	6	$7.5M	N/A	0.0%
The Huntington National Bank	51	$6.9M	7.17%	0.0%
First National Bank of Pennsylvania	10	$6.8M	7.87%	16.7%
Seacoast National Bank	5	$5.8M	7.06%	0.0%
Fulton Bank, National Association	6	$5.8M	4.85%	0.0%
KeyBank National Association	21	$5.6M	6.62%	4.8%
Cadence Bank	17	$5.6M	7.19%	0.0%
Comerica Bank	15	$5.3M	6.43%	0.0%
Zions Bank, A Division of	23	$5.1M	8.84%	10.5%
BOKF, National Association	8	$4.8M	6.33%	0.0%
East West Bank	6	$4.8M	6.45%	16.7%

Sub-Industry	Loans	Volume▼	Avg Size	Default Rate
Water Supply and Irrigation Systems	963	$255.4M	$265K	10.2%
Other Electric Power Generation	123	$111.2M	$904K	9.2%
Solar Electric Power Generation	195	$107.9M	$553K	4.3%
Natural Gas Distribution	242	$92.1M	$380K	8.7%
Electric Power Distribution	104	$50.8M	$489K	11.1%
Sewage Treatment Facilities	108	$34.1M	$316K	5.8%
Hydroelectric Power Generation	68	$16.8M	$247K	5.5%
Biomass Electric Power Generation	8	$10.0M	$1.3M	0.0%
Steam and Air-Conditioning Supply	55	$8.8M	$160K	11.4%
Wind Electric Power Generation	9	$3.8M	$423K	0.0%
Electric Bulk Power Transmission and Control	11	$1.9M	$169K	0.0%
Fossil Fuel Electric Power	9	$1.5M	$167K	0.0%
Geothermal Electric Power Generation	2	$190K	$95K	0.0%
Nuclear Electric Power Generation	2	$95K	$48K	0.0%