SBA lending by industry
Finance and Insurance
SBA lenders funded 8,915 7(a) and 504 loans in Finance and Insurance, totaling $4.5B at an average of $504K 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, as of 2026-03-31
NAICS sector
52
Funded loans
8,915
Total volume
$4.5B
Average loan size
$504K
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 | 721 | $682.3M |
| Byline Bank | 340 | $343.1M |
| United Midwest Savings Bank National Association | 185 | $163.1M |
| U.S. Bank, National Association | 419 | $142.9M |
| Bankwell Bank | 62 | $130.0M |
| Newtek Bank, National Association | 231 | $102.9M |
| Pathward National Association | 91 | $89.0M |
| The Huntington National Bank | 449 | $87.6M |
Where Finance and Insurance loans go
| State | Loans | Total volume |
|---|---|---|
| California | 1,173 | $767.1M |
| Florida | 922 | $504.0M |
| Texas | 709 | $429.7M |
| New York | 509 | $221.2M |
| Michigan | 335 | $154.7M |
| Ohio | 357 | $131.5M |
| Arizona | 217 | $123.2M |
| Pennsylvania | 247 | $122.3M |
Finance and Insurance SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2010 | 135 | $42.4M |
| 2011 | 149 | $56.4M |
| 2012 | 132 | $60.7M |
| 2013 | 132 | $56.8M |
| 2014 | 87 | $35.1M |
| 2015 | 98 | $59.3M |
| 2016 | 89 | $45.2M |
| 2017 | 95 | $38.6M |
| 2018 | 88 | $40.8M |
| 2019 | 108 | $54.1M |
| 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 |
Sources and disclaimer. Figures are computed from the
U.S. Small Business Administration's public FOIA 7(a) and 504 loan data (as of 2026-03-31); see our
methodology. SBA Loan Index is
not affiliated with the SBA and is not a lender, broker, or financial advisor.