SBA lender profile
Live Oak Banking Company
Live Oak Banking Company appears in the public SBA loan data with 9,674 funded 7(a) loans totaling $13.3B, an average of $1.4M per loan, and an estimated 172,801 jobs supported. Its SBA lending concentrates in California and the Health Care and Social Assistance sector. Across all of its loans in the data, its charge-off rate is 0.3%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, as of 2026-03-31
Funded loans
9,674
Total volume
$13.3B
Average loan size
$1.4M
Charge-off rate
0.3%
Share of funded loans charged off
Jobs supported (reported)
172,801
Programs
7(a)
Bank profile
via FDIC- Total assets
- $15.2B
- Headquarters
- Wilmington, NC
- FDIC cert
- #58665
- Status
- Active
Where Live Oak Banking Company lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| California | 1,266 | $1.7B |
| Texas | 1,033 | $1.5B |
| Florida | 774 | $1.1B |
| North Carolina | 632 | $799.4M |
| Colorado | 445 | $585.0M |
| New York | 350 | $470.4M |
What Live Oak Banking Company funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Health Care and Social Assistance | 1,818 | $2.9B |
| Professional and Technical Services | 1,344 | $1.8B |
| Other Services | 1,191 | $1.5B |
| Retail Trade | 748 | $1.2B |
| Real Estate | 534 | $946.4M |
| Construction | 831 | $906.2M |
Live Oak Banking Company SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2020 | 1,068 | $1.5B |
| 2021 | 1,551 | $2.3B |
| 2022 | 1,157 | $1.7B |
| 2023 | 1,215 | $1.8B |
| 2024 | 1,440 | $2.0B |
| 2025 | 2,280 | $2.9B |
| 2026 | 963 | $1.1B |
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 Live Oak Banking Company'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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