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Finance & Insurance

30,084 SBA loans totaling $9.5B.

Total Loans
30,084
1992–2025
Total Volume
$9.5B
Gross approval amount
Avg Loan Size
$316K
Median: $116K
Default Rate
12.2%
Avg rate: 7.29%

Loan Status

Loan Status showing Active: 21.1%, Paid in Full: 56.1%, Charged Off: 10.7%, Cancelled: 11.2%, Committed: 1%
Active21.1%
Paid in Full56.1%
Charged Off10.7%
Cancelled11.2%
Committed1%

Finance & Insurance — Annual Lending Volume

Finance & Insurance — Annual Lending Volume from 1992 to 2025

Top States

Top States with 15 categories

Loan Size Distribution

Loan Size Distribution with 7 categories

Top Lenders for Finance & Insurance

Live Oak Banking Company1,914$1.6B6.73%0.5%
Byline Bank485$466.9M7.91%3.1%
Wells Fargo Bank National Association1,406$408.9M6.83%15.5%
U.S. Bank, National Association1,778$379.5M7.49%16.6%
Pathward National Association227$213.9M6.79%2.5%
United Midwest Savings Bank National Association244$208.5M7.62%3.1%
JPMorgan Chase Bank, National Association1,228$176.7M7.73%20.3%
Readycap Lending, LLC426$173.0M10.95%7.7%
The Huntington National Bank897$149.0M6.83%4.1%
Bankwell Bank73$138.8M7.75%0.0%
Bank of America, National Association1,412$132.6M6.73%30.9%
Zions Bank, A Division of529$100.9M7.97%14.4%
BMO Bank National Association227$96.3M5.63%6.0%
Newtek Bank, National Association187$95.2M11.49%0.9%
PNC Bank, National Association647$94.8M7.85%16.9%
Columbia Bank325$89.9M7.40%14.4%
Banc of California131$85.9M6.06%4.6%
BayFirst National Bank459$80.5M9.50%4.9%
TD Bank, National Association627$77.6M9.23%7.2%
First-Citizens Bank & Trust Company116$76.5M6.21%5.6%
Manufacturers and Traders Trust Company605$70.1M8.32%8.6%
Newtek Small Business Finance, Inc.147$65.4M6.92%1.0%
Truist Bank181$65.1M6.08%6.1%
Regions Bank110$64.3M6.74%0.0%
Enterprise Bank & Trust85$62.2M5.99%3.9%

Sub-Industries within Finance & Insurance

Insurance Agencies and Brokerages15,624$4.8B$307K7.4%
Investment Advice4,278$1.7B$403K8.5%
Mortgage and Nonmortgage Loan Brokers2,870$589.5M$205K41.8%
Portfolio Management606$221.8M$366K7.8%
Financial Transactions Processing, Reserve, and Clearinghouse Activiti399$200.5M$503K12.2%
Miscellaneous Financial Investment Activities580$184.1M$317K10.0%
Securities Brokerage331$157.3M$475K4.5%
All Other Insurance Related Activities712$142.1M$200K14.6%
Third Party Administration of Insurance and Pension Funds265$116.6M$440K7.4%
Real Estate Credit298$110.7M$372K30.0%
Claims Adjusting418$109.9M$263K9.9%
Miscellaneous Intermediation217$99.9M$460K8.3%
All Other Nondepository Credit Intermediation312$85.5M$274K12.3%
Other Activities Related to Credit Intermediation295$80.5M$273K18.4%
Trusts, Estates, and Agency Accounts61$52.3M$858K0.0%
Other Financial Vehicles120$50.4M$420K16.4%
Direct Property and Casualty Insurance Carriers322$50.0M$155K13.4%
Investment Banking and Securities Dealing133$44.8M$337K17.7%
Direct Title Insurance Carriers183$36.4M$199K25.6%
Direct Health and Medical Insurance Carriers153$34.6M$226K11.4%
Trust, Fiduciary, and Custody Activities76$33.7M$443K6.3%
Commodity Contracts Brokerage90$27.7M$308K12.0%
Other Direct Insurance (except Life, Health, and Medical) Carriers358$27.6M$77K31.8%
Sales Financing97$22.4M$231K23.2%
Direct Life Insurance Carriers164$16.4M$100K17.1%
Showing 125 of 30

Get the Data

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