| # | Lender | HQ state | Approved | Loans | Avg loan | Share |
|---|---|---|---|---|---|---|
| 1 | Live Oak Banking Company | NC | $57.5M | 49 | $1.2M | 8.8% |
| 2 | The Huntington National Bank | OH | $39.4M | 87 | $453K | 6.0% |
| 3 | Manufacturers and Traders Trust Company | NY | $27.4M | 135 | $203K | 4.2% |
| 4 | Readycap Lending, LLC not in CharterBench | NJ | $25.3M | 67 | $377K | 3.9% |
| 5 | GBank | NV | $25.2M | 8 | $3.2M | 3.9% |
| 6 | Newtek Bank, National Association | FL | $21.4M | 53 | $404K | 3.3% |
| 7 | Bank Of Clarke | VA | $18.6M | 24 | $775K | 2.8% |
| 8 | Truist Bank | NC | $16.7M | 9 | $1.9M | 2.5% |
| 9 | First Community Bank | VA | $15.5M | 39 | $398K | 2.4% |
| 10 | Atlantic Union Bank | VA | $14.7M | 26 | $566K | 2.3% |
| 11 | First-Citizens Bank & Trust Company | NC | $12.8M | 11 | $1.2M | 2.0% |
| 12 | Truliant Federal Credit Union | NC | $12.7M | 12 | $1.1M | 1.9% |
| 13 | United Midwest Savings Bank, National Association | OH | $12.6M | 26 | $485K | 1.9% |
| 14 | First Bank of the Lake | MO | $11.7M | 16 | $729K | 1.8% |
| 15 | First National Bank of Pennsylvania | PA | $11.6M | 13 | $895K | 1.8% |
| 16 | First Internet Bank of Indiana | IN | $11.4M | 6 | $1.9M | 1.8% |
| 17 | Northeast Bank | ME | $11.0M | 70 | $157K | 1.7% |
| 18 | Pinnacle Bank | TN | $10.6M | 7 | $1.5M | 1.6% |
| 19 | Wells Fargo Bank, National Association | SD | $10.5M | 45 | $234K | 1.6% |
| 20 | Hanmi Bank | CA | $10.3M | 13 | $790K | 1.6% |
| 21 | Everwise Credit Union | IN | $10.0M | 2 | $5.0M | 1.5% |
| 21 | Pathward, National Association | SD | $10.0M | 3 | $3.3M | 1.5% |
| 23 | Harvest Small Business Finance, LLC not in CharterBench | CA | $9.8M | 9 | $1.1M | 1.5% |
| 24 | Fulton Bank, National Association | PA | $9.4M | 13 | $723K | 1.4% |
| 25 | TD Bank, National Association | DE | $9.2M | 40 | $230K | 1.4% |
Pro shows every lender, plus each one’s seven-year SBA history, industries and pricing.
| Line | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 to date | Trend |
|---|---|---|---|---|---|---|---|---|
| Approved | $310.3M | $503.1M | $391.6M | $441.1M | $483.7M | $655.3M | $352.4M | |
| Loans | 537 | 657 | 696 | 848 | 1,061 | 1,192 | 695 | |
| Active lenders | 103 | 108 | 103 | 114 | 113 | 124 | 113 |
3 of the lenders shown are headquartered in Virginia. See who holds the deposits in Virginia, or screen the state’s banks and credit unions by ratio.