SBA lender profile
FinWise Bank
FinWise Bank appears in the public SBA loan data with 669 funded 7(a) loans totaling $822.9M, an average of $1.2M per loan, and an estimated 10,283 jobs supported. Its SBA lending concentrates in New York and the Retail Trade sector. Across all of its loans in the data, its charge-off rate is 1.4%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, as of 2026-03-31
Funded loans
669
Total volume
$822.9M
Average loan size
$1.2M
Charge-off rate
1.4%
Share of funded loans charged off
Jobs supported (reported)
10,283
Programs
7(a)
Bank profile
via FDIC- Total assets
- $890M
- Headquarters
- Murray, UT
- FDIC cert
- #35323
- Status
- Active
Where FinWise Bank lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| New York | 354 | $422.2M |
| New Jersey | 115 | $171.7M |
| Florida | 46 | $59.5M |
| Pennsylvania | 23 | $29.1M |
| California | 29 | $27.2M |
| Texas | 15 | $21.2M |
What FinWise Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Retail Trade | 172 | $243.6M |
| Wholesale Trade | 91 | $126.3M |
| Health Care and Social Assistance | 62 | $96.0M |
| Professional and Technical Services | 99 | $83.3M |
| Manufacturing | 34 | $48.4M |
| Construction | 44 | $48.3M |
FinWise Bank SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2020 | 68 | $79.9M |
| 2021 | 150 | $204.5M |
| 2022 | 122 | $185.6M |
| 2023 | 106 | $135.8M |
| 2024 | 97 | $80.8M |
| 2025 | 89 | $97.9M |
| 2026 | 37 | $38.4M |
Sources and disclaimer. All figures are computed from
the U.S. Small Business Administration's public FOIA 7(a) and 504 loan data (as of 2026-03-31),
as described in our methodology.
The charge-off rate is the share of FinWise Bank's funded loans marked charged off across all of its
loans in the data; it is not a lifetime default rate. SBA Loan Index is not affiliated with the
SBA and is not a lender, broker, or financial advisor. This is general information, not advice.
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