SBA lending by industry
Finance and Insurance
SBA lenders funded 18,047 7(a) and 504 loans in Finance and Insurance since FY2010, totaling $7.8B at an average of $430K per loan. The most active lender in this sector is Live Oak Banking Company, and the most funding goes to California.
By Mario Bailey · Source: SBA FOIA data, FY2010–2026 (as of 2026-03-31)
Do you qualify as a small business here?
To use an SBA loan, your business has to count as small under the SBA size standard for its specific NAICS code. In Finance and Insurance, standards are generally based on your average annual receipts (revenue), but the exact threshold is set per 6-digit NAICS code and varies within the sector, so check yours with the official tool. Our eligibility guide explains the rest.
Check your SBA size standardMost active SBA lenders in Finance and Insurance
| Lender | Loans | Total volume |
|---|---|---|
| Live Oak Banking Company | 1,944 | $1.6B |
| Byline Bank | 487 | $470.8M |
| U.S. Bank, National Association | 900 | $268.1M |
| Wells Fargo Bank National Association | 629 | $260.4M |
| Pathward National Association | 226 | $213.8M |
| United Midwest Savings Bank National Association | 247 | $211.8M |
| The Huntington National Bank | 830 | $156.2M |
| Bankwell Bank | 75 | $152.6M |
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Where Finance and Insurance loans go
Finance and Insurance SBA lending by year
Funded SBA volume by approval fiscal year (FY2010–2026).
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2010 | 869 | $175.8M |
| 2011 | 851 | $247.7M |
| 2012 | 735 | $253.5M |
| 2013 | 781 | $286.7M |
| 2014 | 926 | $312.1M |
| 2015 | 1,122 | $441.3M |
| 2016 | 1,329 | $518.2M |
| 2017 | 1,302 | $563.2M |
| 2018 | 1,255 | $495.1M |
| 2019 | 1,075 | $465.0M |
| 2020 | 1,192 | $700.0M |
| 2021 | 1,409 | $911.7M |
| 2022 | 1,124 | $549.1M |
| 2023 | 990 | $486.1M |
| 2024 | 1,162 | $505.6M |
| 2025 | 1,436 | $632.5M |
| 2026 | 489 | $221.2M |
SBA lending in Finance and Insurance: frequently asked questions
How much SBA lending goes to Finance and Insurance?
SBA lenders funded 18,047 7(a) and 504 loans in Finance and Insurance totaling $7.8B in the public SBA data (as of 2026-03-31), an average of $430K per loan.
Who is the most active SBA lender for Finance and Insurance?
Live Oak Banking Company is the most active SBA lender in the Finance and Insurance sector in the public data, by funded volume.
Which states get the most SBA lending in Finance and Insurance?
The most SBA funding for Finance and Insurance goes to California.