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NAICS 523999 · Finance & Insurance

SBA loans for miscellaneous financial investment activities

411 SBA loans worth $172.2M have been approved in this industry since FY2010 - the #371 most-financed NAICS code in the country.

Median loan

$187,500

+4% vs all industries

Typical range

$25K-$950K

Middle 80%

Median rate

6.50%

7(a) initial note rate

Median term

10 yr

Charge-off rate

6.4%

vs 7.6% all industries

Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.

Lenders

Most active in this industry

LenderLoansApprovedShare
Wells Fargo Bank24$10.4M
Enterprise Bank & Trust9$7.8M
Byline Bank8$7.7M
BMO Bank7$7.3M
Newtek Bank8$6.7M
KeyBank9$5.2M
Peoples Bank & Trust2$5.0M
Columbia Bank3$5.0M
Mortgage Capital Development Corporation5$5.0M
Cache Valley Bank1$4.9M

Geography

Where these loans were made

StateLoansShare
California41
New York32
Florida25
Texas22
Ohio20
Minnesota20
Colorado17
Indiana15

An SBA 7(a) lender for loans this size

66% of the SBA loans approved in miscellaneous financial investment activities since FY2010 were under $350,000. SmartBiz makes SBA 7(a) loans up to $500,000. It is shown here as a separate, labelled option, outside the data rankings on this page. You apply on their site - we do not take applications and never see your information.

Check options with SmartBiz

We may be paid if you apply through this link. It does not change what we publish, and no lender can buy a place in our rankings. Details.

Approvals by fiscal year

’10
 
’12
 
’14
 
’16
 
’18
 
’20
 
’22
 
’24
 
’26

Loan count. Final bar is a partial fiscal year.

Loan sizes

  • Under $50K
    18%
  • $50K - $150K
    21%
  • $150K - $350K
    27%
  • $350K - $1M
    24%
  • $1M - $2M
    6%
  • Over $2M
    4%

Franchise brands in Miscellaneous Financial Investment Activities

Franchise brandLoansApprovedShare
Ameriprise Financial14$11.5M
LPL Financial LLC1$704K
Microtel Inn and Suites1$4.9M

Brands with the most SBA loans recorded under this NAICS code, among brands with at least 10 loans in the file.

Nearby

Other finance & insurance industries

See the sector
Insurance Agencies and Brokerages10,623 · $171,000Investment Advice2,974 · $264,500Portfolio Management and Investment Advice737 · $250,000Mortgage and Nonmortgage Loan Brokers493 · $182,000All Other Insurance Related Activities401 · $100,000Portfolio Management392 · $225,500Financial Transactions Processing, Reserve, and Clearinghouse Activities280 · $250,000Claims Adjusting254 · $110,500

Common questions

How much do SBA lenders typically lend to a miscellaneous financial investment activities business?
The median SBA approval in NAICS 523999 is $187,500, with the middle 80% of loans between $25,000 and $950,000. Across all industries the median is $180,000.
Which lenders are most active in miscellaneous financial investment activities?
By dollars approved: Wells Fargo Bank, Enterprise Bank & Trust, Byline Bank, BMO Bank, Newtek Bank. A lender's experience in your NAICS code matters - underwriters who have seen a hundred deals like yours ask better questions and move faster.
Is miscellaneous financial investment activities considered a risky industry by SBA lenders?
Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 6.4% were charged off, versus 7.6% across all SBA lending. That is close to average.

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