NAICS sector 52

Finance and Insurance

Name: SBA lending in Finance and Insurance
Creator: U.S. Small Business Administration
License: https://www.usa.gov/government-works

18,357 SBA loans worth $7.91B across 24 industries in this sector.

Loans

18,357

Approved

$7.91B

Median loan

$200,000

Median term

10 yr

Charge-off rate

4.5%

vs 7.6% all sectors

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.

Inside the sector

All 24 industries

Industry	NAICS	Loans	Median loan	Median rate	Charge-off
Insurance Agencies and Brokerages	524210	10,623	$171,000	6.75%	4.8%
Investment Advice	523930	2,974	$264,500	6.00%	1.8%
Portfolio Management and Investment Advice	523940	737	$250,000	10.00%	-
Mortgage and Nonmortgage Loan Brokers	522310	493	$182,000	7.25%	11.1%
Miscellaneous Financial Investment Activities	523999	411	$187,500	6.50%	6.4%
All Other Insurance Related Activities	524298	401	$100,000	7.75%	9.8%
Portfolio Management	523920	392	$225,500	6.00%	3.3%
Financial Transactions Processing, Reserve, and Clearinghouse Activities	522320	280	$250,000	6.75%	11.0%
Claims Adjusting	524291	254	$110,500	8.00%	9.4%
Securities Brokerage	523120	213	$310,000	6.00%	0.0%
Direct Property and Casualty Insurance Carriers	524126	185	$85,000	6.00%	6.8%
Miscellaneous Intermediation	523910	170	$289,000	6.28%	7.4%
Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds	524292	148	$296,500	6.30%	4.7%
All Other Nondepository Credit Intermediation	522298	135	$250,000	6.00%	5.2%
Other Activities Related to Credit Intermediation	522390	107	$150,000	7.13%	9.3%
Real Estate Credit	522292	94	$350,000	6.00%	2.2%
Direct Life Insurance Carriers	524113	83	$55,000	7.00%	6.3%
Investment Banking and Securities Dealing	523110	64	$233,500	5.87%	5.9%
Other Financial Vehicles	525990	63	$287,000	5.88%	6.7%
Direct Health and Medical Insurance Carriers	524114	62	$150,000	7.70%	4.0%
Direct Title Insurance Carriers	524127	60	$150,000	6.75%	0.0%
Trust, Fiduciary, and Custody Activities	523991	60	$263,500	6.00%	3.9%
Trusts, Estates, and Agency Accounts	525920	52	$783,750	5.50%	-
Other Direct Insurance (except Life, Health, and Medical) Carriers	524128	48	$137,500	8.32%	-

Lenders

Most active in this sector

Lender	Loans	Approved
Live Oak Banking Company	1,979	$1.60B
Byline Bank	489	$472.3M
U.S. Bank	913	$275.3M
Wells Fargo Bank	629	$260.4M
United Midwest Savings Bank	257	$221.3M
Pathward	226	$213.8M
The Huntington National Bank	835	$156.8M
Bankwell Bank	77	$156.6M
Newtek Bank	261	$114.5M
Readycap Lending, LLC	333	$110.3M

Approvals by fiscal year

’10

’11

’12

’13

’14

’15

’16

’17

’18

’19

’20

’21

’22

’23

’24

’25

’26

Gross approval dollars. Final bar is a partial fiscal year.

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