NewBank

Based in NY

1,750 SBA loans totaling $1.6B.

Total Loans
1,750
1991–2025
Total Volume
$1.6B
Gross approval amount
Avg Loan Size
$923K
Median: $503K
Avg Interest Rate
6.19%
Default Rate
6.7%
States Served
13

NewBank — Annual Lending Volume

NewBank — Annual Loan Count

Where They Lend

What They Lend For

Loan Size Distribution

Loan Outcomes

Active18.5%
Paid in Full46.1%
Charged Off4.6%
Cancelled30.6%
Committed0.2%

Export Loan Data

Download all individual loan records for NewBank as a CSV file.

Sample Loans

1,774 total loans in NewBank

YearCityLenderAmountRateStatus
2022
Far Rockaway
NY 11691
Newbank
Hotels (Except Casino Hotels) And Motels
$5.0M4.75%Active
2019
Flushing
NY 11354
Newbank
Hotels (Except Casino Hotels) And Motels
$5.0M6.50%Active
2018
Bronx
NY 10454
Newbank
Supermarkets And Other Grocery (Except Convenience) Stores
$5.0M6.00%Active
2016
Whitestone
NY 11357
Newbank
Hotels (Except Casino Hotels) And Motels
$5.0M6.25%Cancelled
2016
Long Island City
NY 11101
Newbank
Hotels (Except Casino Hotels) And Motels
$5.0M5.75%Paid in Full
2012
Far Rockaway
NY 11691
Newbank
Nonresidential Property Managers
$5.0M5.75%Paid in Full
2015
Fort Lee
NJ 7024
Newbank
Nonresidential Property Managers
$5.0M5.25%Paid in Full
2019
Fort Lee
NJ 7024
Newbank
Full-Service Restaurants
$5.0M6.75%Paid in Full
2020
Corona
NY 11368
Newbank
Other Miscellaneous Durable Goods Merchant Wholesalers
$5.0M4.50%Active
2023
Staten Island
NY 10314
Newbank
Hotels (Except Casino Hotels) And Motels
$5.0M8.50%Active
2024
Flushing
NY 11354
Newbank
Hotels (Except Casino Hotels) And Motels
$5.0M10.00%Active
2024
Flushing
NY 11354
Newbank
Hotels (Except Casino Hotels) And Motels
$5.0M10.00%Cancelled
2019
Farmingville
NY 11738
Newbank
Supermarkets And Other Grocery (Except Convenience) Stores
$5.0M7.25%Cancelled
2018
Jamaica
NY 11435
Newbank
Hotels (Except Casino Hotels) And Motels
$5.0M6.75%Cancelled
2021
Bronx
NY 10457
Newbank
Hotels (Except Casino Hotels) And Motels
$5.0M4.75%Paid in Full
2022
Staten Island
NY 10314
Newbank
Hotels (Except Casino Hotels) And Motels
$5.0M7.00%Active
2021
Staten Island
NY 10302
Newbank
Hotels (Except Casino Hotels) And Motels
$5.0M4.75%Paid in Full
2020
Corona
NY 11368
Newbank
Other Miscellaneous Durable Goods Merchant Wholesalers
$5.0M6.00%Cancelled
2017
Long Island City
NY 11101
Newbank
Hotels (Except Casino Hotels) And Motels
$5.0M6.00%Paid in Full
2015
Bronx
NY 10473
Newbank
Supermarkets And Other Grocery (Except Convenience) Stores
$5.0M5.25%Paid in Full

1,774 Loans in NewBank

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