SBA Loans by State
Compare SBA lending across 50 states and 11 territories. Search, sort, and explore which states have the most lending activity, lowest rates, and best default performance.
States & Territories
61
50 states + 11 territories
Total SBA Volume
$727.0B
2,136,864 total loans
National Avg Rate
7.38%
Weighted by loan count
Avg Loan Size
$340K
Across all states
Top 10 States by Total Volume
The 10 largest states ranked by total volume
All States
1
California
CA
291,629 loans$128.9B
Avg Size
$442K
Avg Rate
7.43%
Default
12.8%
2
Texas
TX
161,840 loans$67.4B
Avg Size
$417K
Avg Rate
7.51%
Default
14.1%
3
Florida
FL
116,614 loans$46.9B
Avg Size
$402K
Avg Rate
8.17%
Default
16.9%
4
New York
NY
134,627 loans$32.5B
Avg Size
$241K
Avg Rate
7.85%
Default
14.2%
5
Georgia
GA
56,821 loans$29.7B
Avg Size
$523K
Avg Rate
7.33%
Default
15.4%
6
Illinois
IL
72,910 loans$25.6B
Avg Size
$351K
Avg Rate
7.29%
Default
15.0%
7
Ohio
OH
93,551 loans$22.5B
Avg Size
$240K
Avg Rate
6.92%
Default
10.0%
8
New Jersey
NJ
62,224 loans$21.2B
Avg Size
$341K
Avg Rate
8.08%
Default
14.1%
9
Washington
WA
54,045 loans$20.8B
Avg Size
$385K
Avg Rate
7.27%
Default
9.6%
10
Colorado
CO
51,833 loans$20.5B
Avg Size
$395K
Avg Rate
7.47%
Default
11.8%
11
Pennsylvania
PA
75,988 loans$19.8B
Avg Size
$261K
Avg Rate
7.53%
Default
11.1%
12
Michigan
MI
64,461 loans$19.3B
Avg Size
$299K
Avg Rate
6.89%
Default
11.8%
13
Minnesota
MN
58,942 loans$18.2B
Avg Size
$309K
Avg Rate
6.84%
Default
9.2%
14
Arizona
AZ
43,181 loans$18.1B
Avg Size
$419K
Avg Rate
7.51%
Default
14.0%
15
Wisconsin
WI
48,863 loans$16.5B
Avg Size
$338K
Avg Rate
6.52%
Default
9.2%
16
North Carolina
NC
38,028 loans$16.1B
Avg Size
$424K
Avg Rate
7.57%
Default
11.8%
17
Utah
UT
43,392 loans$13.4B
Avg Size
$310K
Avg Rate
7.45%
Default
10.7%
18
Massachusetts
MA
63,736 loans$13.0B
Avg Size
$203K
Avg Rate
7.17%
Default
8.9%
19
Indiana
IN
39,000 loans$12.5B
Avg Size
$320K
Avg Rate
6.83%
Default
11.1%
20
Missouri
MO
41,516 loans$12.5B
Avg Size
$300K
Avg Rate
6.96%
Default
12.8%
21
Virginia
VA
33,741 loans$11.9B
Avg Size
$354K
Avg Rate
7.68%
Default
13.0%
22
Oregon
OR
27,793 loans$9.6B
Avg Size
$347K
Avg Rate
7.62%
Default
9.5%
23
Maryland
MD
31,171 loans$8.8B
Avg Size
$281K
Avg Rate
8.00%
Default
13.5%
24
Tennessee
TN
21,294 loans$8.2B
Avg Size
$383K
Avg Rate
7.57%
Default
15.0%
Numbers tell part of the story. Our community fills in the rest.
Mazeka Labs community members share real SBA lending experiences — which states have the smoothest process, fastest closings, and best lender options. Join the conversation.
Learn about the community →