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NAICS sector 62

Health Care and Social Assistance

Name: SBA lending in Health Care and Social Assistance
Creator: U.S. Small Business Administration
License: https://www.usa.gov/government-works

105,632 SBA loans worth $57.09B across 35 industries in this sector.

Loans

105,632

Approved

$57.09B

Median loan

$250,000

Median term

10 yr

Charge-off rate

4.9%

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 35 industries

Industry	NAICS	Loans	Median loan	Median rate	Charge-off
Offices of Dentists	621210	18,185	$405,000	6.00%	2.8%
Offices of Physicians	621111	15,804	$270,000	6.20%	4.6%
Child Care Services	624410	15,205	$387,000	6.49%	4.2%
Offices of Chiropractors	621310	9,664	$125,950	6.50%	6.4%
Home Health Care Services	621610	7,245	$166,000	7.25%	7.9%
Offices of All Other Miscellaneous Health Practitioners	621399	5,784	$150,000	7.75%	7.1%
Offices of Physical, Occupational and Speech Therapists, and Audiologists	621340	5,730	$145,000	7.00%	4.5%
Offices of Mental Health Practitioners	621330	4,139	$135,000	8.99%	5.7%
Assisted Living Facilities for the Elderly	623312	3,629	$700,000	6.25%	2.4%
Offices of Optometrists	621320	3,387	$243,000	6.00%	2.7%
Services for the Elderly and Persons with Disabilities	624120	2,077	$150,000	7.62%	7.5%
Offices of Physicians, Mental Health Specialists	621112	1,755	$168,000	7.10%	5.1%
Nursing Care Facilities	623110	1,293	$670,000	6.25%	4.6%
Other Individual and Family Services	624190	1,253	$100,000	8.49%	8.8%
All Other Outpatient Care Centers	621498	1,078	$200,000	7.25%	7.1%
Outpatient Mental Health and Substance Abuse Centers	621420	980	$203,500	8.25%	8.9%
Offices of Podiatrists	621391	937	$150,000	6.25%	4.7%
Medical Laboratories	621511	934	$150,000	6.50%	7.5%
Child and Youth Services	624110	755	$250,000	7.15%	8.6%
Diagnostic Imaging Centers	621512	704	$300,000	6.25%	6.3%
All Other Miscellaneous Ambulatory Health Care Services	621999	684	$124,750	7.25%	11.7%
Other Residential Care Facilities	623990	642	$321,500	6.50%	4.1%
Freestanding Ambulatory Surgical and Emergency Centers	621493	635	$588,000	6.00%	4.9%
Residential Mental Health and Substance Abuse Facilities	623220	550	$476,500	7.00%	3.4%
Ambulance Services	621910	541	$200,000	6.75%	11.9%
Continuing Care Retirement Communities	623311	507	$659,000	6.00%	4.5%
Residential Intellectual and Developmental Disability Facilities	623210	392	$350,000	6.25%	0.8%
Vocational Rehabilitation Services	624310	330	$160,000	6.83%	7.5%
General Medical and Surgical Hospitals	622110	266	$198,150	6.86%	6.2%
Psychiatric and Substance Abuse Hospitals	622210	93	$150,000	6.63%	9.3%
Family Planning Centers	621410	92	$192,750	7.50%	12.8%
Specialty (except Psychiatric and Substance Abuse) Hospitals	622310	82	$192,500	6.39%	4.8%
Kidney Dialysis Centers	621492	64	$600,000	6.00%	-
Emergency and Other Relief Services	624230	55	$195,000	7.25%	-
HMO Medical Centers	621491	50	$111,000	6.80%	11.1%

Lenders

Most active in this sector

Lender	Loans	Approved
Live Oak Banking Company	3,598	$5.19B
Wells Fargo Bank	6,568	$3.55B
The Huntington National Bank	6,021	$2.00B
PNC Bank	2,743	$1.49B
U.S. Bank	2,983	$1.32B
JPMorgan Chase Bank	5,271	$1.13B
Celtic Bank Corporation	1,423	$789.7M
Mortgage Capital Development Corporation	767	$735.1M
Florida Business Development Corporation	1,023	$735.1M
Readycap Lending, LLC	1,277	$689.1M

Approvals by fiscal year

’10

’12

’14

’16

’18

’20

’22

’24

’26

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

An SBA 7(a) lender for loans this size

59% of the SBA loans approved in the health care sector 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

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By state

Health Care SBA lending in 54 states

Each state page lists the lenders and industries behind the sector's loans there. States with fewer than 20 loans in the sector have no page.

California13,944 · $400,000 Texas9,597 · $339,000 Florida8,171 · $339,000 New York5,087 · $150,000 Ohio4,255 · $135,000 Illinois3,499 · $227,000 Michigan3,321 · $167,000 Georgia3,183 · $405,000 Washington3,025 · $312,000 Minnesota2,984 · $200,000 Arizona2,974 · $333,100 Pennsylvania2,952 · $176,350 Massachusetts2,872 · $106,850 New Jersey2,672 · $269,000 Colorado2,552 · $330,000 Utah2,420 · $252,000 North Carolina2,135 · $350,000 Wisconsin2,132 · $192,000 Puerto Rico1,959 · $85,500 Virginia1,957 · $250,000 Maryland1,727 · $150,000 Indiana1,724 · $155,000 Missouri1,565 · $200,000 Oregon1,409 · $276,300 Idaho1,399 · $203,000 Nevada1,237 · $350,000 Connecticut1,223 · $182,000 Oklahoma952 · $247,750 South Carolina906 · $318,000 Tennessee892 · $336,500 Kansas864 · $236,000 Kentucky849 · $150,000 Louisiana823 · $200,000 Nebraska817 · $205,000 Iowa803 · $175,800 Alabama693 · $275,000 New Hampshire621 · $111,000 New Mexico580 · $250,000 Rhode Island514 · $126,500 Maine499 · $115,000 Mississippi475 · $153,000 Arkansas452 · $218,300 Montana439 · $160,000 Hawaii384 · $60,000 South Dakota340 · $250,000 North Dakota317 · $200,000 West Virginia306 · $114,150 Alaska250 · $350,000 Vermont250 · $100,000 Delaware211 · $180,000 District of Columbia192 · $200,000 Wyoming164 · $228,500 Guam38 · $100,000 U.S. Virgin Islands21 · $342,000

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