Newtek Bank, National Association

Based in FL

10,610 SBA loans totaling $4.9B.

Total Loans
10,610
1991–2025
Total Volume
$4.9B
Gross approval amount
Avg Loan Size
$460K
Median: $225K
Avg Interest Rate
11.47%
Default Rate
0.0%
States Served
50
+ 1 territories

Newtek Bank, National Association — Annual Lending Volume

Newtek Bank, National Association — Annual Loan Count

Where They Lend

What They Lend For

Loan Size Distribution

Loan Outcomes

Active52.1%
Paid in Full2.7%
Charged Off0%
Cancelled30.7%
Committed14.5%