SBA lender profile
Newtek Bank, National Association
Newtek Bank, National Association appears in the public SBA loan data with 12,026 funded 7(a) loans totaling $5.3B, an average of $437K per loan, and an estimated 187,161 jobs supported. Its SBA lending concentrates in California and the Professional and Technical Services sector. Across all of its loans in the data, its charge-off rate is 0.0%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, as of 2026-03-31
Funded loans
12,026
Total volume
$5.3B
Average loan size
$437K
Charge-off rate
0.0%
Share of funded loans charged off
Jobs supported (reported)
187,161
Programs
7(a)
Bank profile
via FDIC- Total assets
- $2.2B
- Headquarters
- Miami, FL
- FDIC cert
- #18734
- Status
- Active
Where Newtek Bank, National Association lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| California | 1,765 | $803.8M |
| Florida | 1,667 | $697.8M |
| Texas | 1,174 | $501.1M |
| New York | 768 | $385.9M |
| Georgia | 563 | $234.8M |
| New Jersey | 425 | $186.1M |
What Newtek Bank, National Association funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Professional and Technical Services | 1,762 | $663.5M |
| Health Care and Social Assistance | 1,332 | $607.6M |
| Manufacturing | 863 | $559.8M |
| Accommodation and Food Services | 1,411 | $538.9M |
| Construction | 868 | $448.3M |
| Wholesale Trade | 718 | $434.6M |
Newtek Bank, National Association SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2023 | 1,261 | $549.4M |
| 2024 | 3,819 | $2.1B |
| 2025 | 4,828 | $2.0B |
| 2026 | 2,118 | $581.1M |
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 Newtek Bank, National Association'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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