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SBA lender profile

Sovereign Bank

Sovereign Bank appears in the public SBA loan data with 37 funded 7(a) loans since FY2010, totaling $35.7M, an average of $965K per loan, and an estimated 966 jobs supported. Its SBA lending concentrates in Oklahoma and the Manufacturing sector. Across its 7(a) loans, the charge-off rate is 8.1%.

By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, FY2010–2026 (as of 2026-03-31)

Track record 56
Scale 35
Activity 37
Consistency 75

A relative profile signal from the public SBA record, not a prediction of approval or a guarantee.

Funded loans
37
Since FY2010
Total volume
$35.7M
Average loan size
$965K
7(a) charge-off rate
8.1%
Share of 7(a) loans charged off
Jobs supported (reported)
966
Programs
7(a)

Is Sovereign Bank the right lender for you?

Lenders fund what they know. Sovereign Bank's SBA lending concentrates in Oklahoma (37 loans) and Manufacturing (7 loans), at an average loan of $965K. If your business does not look like that, a different SBA lender is likely the better fit.

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Bank profile

via FDIC
Total assets
$1.4B
Headquarters
Shawnee, OK
FDIC cert
#25738
Status
Active

Where Sovereign Bank lends

Top states by funded SBA volume.

StateLoansTotal volume
Oklahoma 37 $35.7M

Metro areas where Sovereign Bank funds

What Sovereign Bank funds

Top industries by funded SBA volume.

IndustryLoansTotal volume
Manufacturing 7 $8.3M
Other Services 9 $8.1M
Mining and Extraction 2 $5.1M
Construction 2 $5.1M
Retail Trade 5 $3.1M
Finance and Insurance 1 $2.5M

Sovereign Bank SBA lending by year

Funded SBA volume by approval fiscal year (FY2010–2026).

Fiscal yearLoansTotal volume
20102$1.8M
20111$600K
20121$1.9M
20146$6.2M
20151$5.0M
20162$45K
20173$2.0M
20183$3.6M
20192$700K
20202$5.6M
20211$350K
20225$4.5M
20241$1.9M
20254$960K
20263$545K

Related SBA lenders

Other lenders active in Oklahoma or in Manufacturing.

Comparing lenders? See how to choose an SBA lender by track record.

Sovereign Bank: frequently asked questions

Does Sovereign Bank offer SBA loans?

Yes. Sovereign Bank appears in the public SBA data with 37 funded SBA 7(a) loans totaling $35.7M.

How many SBA loans has Sovereign Bank made?

Sovereign Bank is associated with 37 SBA 7(a) loans totaling $35.7M in the public SBA data (as of 2026-03-31).

What is Sovereign Bank's SBA charge-off rate?

About 8.1% of Sovereign Bank's 7(a) loans in the data have been charged off. A lower rate is generally a better sign, but it is not a lifetime default rate; see our methodology for how it is calculated.

Where does Sovereign Bank do most of its SBA lending?

Sovereign Bank's SBA lending in the data is most concentrated in Oklahoma, and by industry in Manufacturing.

For Sovereign Bank

This page is the public view of your institution's SBA record: rank, trajectory, and market position, computed from the complete public 7(a)/504 dataset. The full competitive picture (your share against named competitors by state and industry, and the growing markets you're absent from) is available to your team.

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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 Sovereign Bank's 7(a) loans marked charged off (504 loans do not report charge-off status); 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.
Cite this analysis

Mario Bailey. (2026). Sovereign Bank SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/sovereign-bank/

Free to cite and quote with attribution and a link. Members of the press can reach us via our press page.

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