SBA lender profile
Newtek Small Business Finance, Inc.
Newtek Small Business Finance, Inc. appears in the public SBA loan data with 4,443 funded 7(a) loans totaling $2.9B, an average of $652K per loan, and an estimated 73,306 jobs supported. Its SBA lending concentrates in California and the Construction sector. Across all of its loans in the data, its charge-off rate is 0.6%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, as of 2026-03-31
Funded loans
4,443
Total volume
$2.9B
Average loan size
$652K
Charge-off rate
0.6%
Share of funded loans charged off
Jobs supported (reported)
73,306
Programs
7(a)
Where Newtek Small Business Finance, Inc. lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| California | 597 | $423.9M |
| Florida | 549 | $360.7M |
| Texas | 402 | $292.4M |
| New York | 331 | $215.0M |
| New Jersey | 177 | $126.8M |
| Georgia | 164 | $102.9M |
What Newtek Small Business Finance, Inc. funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Construction | 495 | $401.3M |
| Accommodation and Food Services | 542 | $323.6M |
| Retail Trade | 545 | $316.9M |
| Manufacturing | 293 | $285.4M |
| Health Care and Social Assistance | 417 | $272.0M |
| Professional and Technical Services | 509 | $269.9M |
Newtek Small Business Finance, Inc. SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2020 | 438 | $336.3M |
| 2021 | 1,241 | $859.1M |
| 2022 | 1,677 | $1.0B |
| 2023 | 1,087 | $686.7M |
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 Small Business Finance, Inc.'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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