NAICS 524128 · Finance & Insurance
SBA loans for other direct insurance (except life, health, and medical) carriers
48 SBA loans worth $17.7M have been approved in this industry since FY2010 - the #867 most-financed NAICS code in the country.
Median loan
$137,500
-24% vs all industries
Typical range
$20K-$699K
Middle 80%
Median rate
8.32%
7(a) initial note rate
Median term
10 yr
Charge-off rate
-
Cohort too small
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
| Lender | Loans | Approved | Share |
|---|---|---|---|
| U.S. Bank | 3 | $5.0M | |
| Provident Bank | 1 | $2.2M | |
| Newtek Bank | 7 | $1.6M | |
| The Huntington National Bank | 5 | $1.6M | |
| Newtek Small Business Finance, Inc. | 1 | $1.0M | |
| BMO Bank | 1 | $740K | |
| Dakota Business Lending | 1 | $699K | |
| 1st Source Bank | 1 | $679K | |
| CDC Small Business Finance Corp. | 1 | $550K | |
| JPMorgan Chase Bank | 1 | $529K |
Geography
Where these loans were made
| State | Loans | Share |
|---|---|---|
| California | 8 | |
| Texas | 8 | |
| Pennsylvania | 4 | |
| Georgia | 3 | |
| Utah | 2 | |
| Illinois | 2 | |
| Michigan | 2 | |
| Minnesota | 2 |
Approvals by fiscal year
’10
’11
’12
’13
’14
’15
’16
’17
’18
’19
’20
’21
’23
’24
’25
’26
Loan count. Final bar is a partial fiscal year.
Loan sizes
- Under $50K29%
- $50K - $150K21%
- $150K - $350K23%
- $350K - $1M19%
- $1M - $2M4%
- Over $2M4%
Nearby
Other finance & insurance industries
Insurance Agencies and Brokerages10,623 · $171,000Investment Advice2,974 · $264,500Portfolio Management and Investment Advice737 · $250,000Mortgage and Nonmortgage Loan Brokers493 · $182,000Miscellaneous Financial Investment Activities411 · $187,500All Other Insurance Related Activities401 · $100,000Portfolio Management392 · $225,500Financial Transactions Processing, Reserve, and Clearinghouse Activities280 · $250,000
Common questions
- How much do SBA lenders typically lend to a other direct insurance (except life, health, and medical) carriers business?
- The median SBA approval in NAICS 524128 is $137,500, with the middle 80% of loans between $20,000 and $699,000. Across all industries the median is $180,000.
- Which lenders are most active in other direct insurance (except life, health, and medical) carriers?
- By dollars approved: U.S. Bank, Provident Bank, Newtek Bank, The Huntington National Bank, Newtek Small Business Finance, Inc.. A lender's experience in your NAICS code matters - underwriters who have seen a hundred deals like yours ask better questions and move faster.
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