NewBank
Based in NY1,774 SBA loans totaling $1.6B.
Total Loans
1,774
1992–2025
Total Volume
$1.6B
Gross approval amount
Avg Loan Size
$922K
Median: $500K
Avg Interest Rate
6.19%
Default Rate
6.8%
States Served
13
NewBank — Annual Lending Volume
NewBank — Annual Lending Volume from 2007 to 2025
NewBank — Annual Loan Count
NewBank — Annual Loan Count from 2007 to 2025
Where They Lend
Where They Lend with 13 categories
What They Lend For
What They Lend For with 10 categories
Loan Size Distribution
Loan Size Distribution with 7 categories
Loan Outcomes
Loan Outcomes showing Active: 18.4%, Paid in Full: 45.9%, Charged Off: 4.7%, Cancelled: 30.8%, Committed: 0.2%
Active18.4%
Paid in Full45.9%
Charged Off4.7%
Cancelled30.8%
Committed0.2%
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