SBA data · geography

SBA lending, state by state

$507.10B of SBA capital has been approved since FY2010. Here is where it went - and which lenders were writing it. Loans are attributed to the state where the project sits, not where the bank is headquartered.

#	State	Approved	Loans	Median loan	Median rate	Top lender
1	California	$85.40B	135,894	$300,000	6.99%	Mortgage Capital Development Corporation
2	Texas	$48.07B	77,109	$251,000	7.00%	Live Oak Banking Company
3	Florida	$36.09B	65,125	$250,000	7.84%	Florida First Capital Finance Corporation, Inc.
4	New York	$22.16B	63,396	$100,000	7.40%	Empire State Certified Development Corporation
5	Georgia	$22.02B	29,743	$350,000	6.50%	Metro City Bank
6	Illinois	$19.02B	37,253	$224,000	6.75%	Small Business Growth Corporation
7	Ohio	$16.30B	55,627	$80,400	6.25%	The Huntington National Bank
8	Washington	$15.04B	27,802	$222,000	6.68%	Evergreen Business Capital
9	New Jersey	$14.55B	30,136	$150,000	7.75%	Trenton Business Assistance Corporation
10	Colorado	$14.50B	26,935	$250,000	7.00%	B:Side Capital
11	Michigan	$14.16B	39,327	$125,000	6.25%	The Huntington National Bank
12	Pennsylvania	$13.64B	32,772	$150,000	7.00%	The Huntington National Bank
13	North Carolina	$12.90B	21,235	$261,000	7.00%	Live Oak Banking Company
14	Minnesota	$12.32B	30,570	$163,800	6.05%	Midwest Business Finance Corporation
15	Arizona	$11.99B	21,156	$277,000	7.00%	Wells Fargo Bank
16	Wisconsin	$11.55B	25,076	$200,000	6.00%	WBD, Inc.
17	Utah	$10.05B	21,595	$190,000	7.00%	Mountain West Small Business Finance
18	Indiana	$9.33B	22,278	$150,000	6.15%	The Huntington National Bank
19	Massachusetts	$8.84B	33,838	$100,000	6.50%	Granite State Economic Development Corporation
20	Missouri	$8.57B	18,516	$196,600	6.25%	Rural Missouri, Inc.
21	Virginia	$8.43B	17,183	$200,000	7.25%	Business Finance Group, Inc.
22	Oregon	$6.92B	15,187	$150,000	7.25%	Columbia Bank
23	Maryland	$6.02B	15,222	$142,750	7.75%	Manufacturers and Traders Trust Company
24	Tennessee	$5.90B	10,041	$250,000	7.24%	Pinnacle Bank
25	South Carolina	$5.83B	9,309	$265,500	7.65%	Live Oak Banking Company
26	Nevada	$5.18B	9,840	$239,150	7.75%	Nevada State Development Corporation
27	Connecticut	$4.63B	12,406	$150,000	6.75%	Webster Bank
28	Oklahoma	$4.59B	8,944	$225,750	6.00%	BancFirst
29	Alabama	$4.55B	7,881	$250,000	7.33%	Live Oak Banking Company
30	Louisiana	$3.96B	7,680	$197,450	7.00%	Live Oak Banking Company
31	Idaho	$3.86B	10,431	$150,000	6.75%	Capital Matrix, Inc.
32	Kansas	$3.62B	8,073	$200,000	6.00%	Frontier Financial Partners, Inc.
33	Iowa	$3.42B	8,069	$180,000	6.00%	Iowa Business Growth Company
34	Kentucky	$3.39B	8,669	$144,000	6.13%	The Huntington National Bank
35	Arkansas	$3.02B	5,413	$203,100	6.25%	First Financial Bank
36	Mississippi	$2.97B	7,052	$137,000	6.00%	Community Bank of Mississippi
37	Nebraska	$2.67B	6,673	$150,000	6.00%	Nebraska Economic Development Corporation
38	New Hampshire	$2.46B	9,833	$100,000	6.25%	Granite State Economic Development Corporation
39	New Mexico	$2.38B	4,858	$200,000	6.97%	Western Commerce Bank
40	Montana	$1.92B	4,924	$150,000	6.25%	Big Sky Economic Development Corporation
41	Maine	$1.67B	6,353	$100,000	6.00%	Granite State Economic Development Corporation
42	South Dakota	$1.63B	3,632	$215,000	6.25%	Dakota Business Finance
43	Rhode Island	$1.62B	5,624	$116,000	6.00%	Ocean State Business Development Authority
44	North Dakota	$1.48B	3,635	$170,000	6.00%	Dakota Business Lending
45	Puerto Rico	$1.44B	8,959	$69,000	8.25%	Banco Popular de Puerto Rico
46	Alaska	$1.30B	2,190	$280,000	6.75%	Alaska Growth Capital BIDCO, Inc.
47	Delaware	$1.08B	2,864	$100,000	7.75%	Wilmington Savings Fund Society
48	Hawaii	$927.1M	4,602	$50,000	7.00%	HEDCO Local Development Corporation
49	Wyoming	$912.0M	1,999	$172,500	6.25%	Wyoming Capital Access
50	West Virginia	$907.5M	2,770	$100,000	6.25%	The Huntington National Bank
51	District of Columbia	$847.8M	1,874	$200,000	7.50%	Business Finance Group, Inc.
52	Vermont	$844.8M	3,757	$79,300	6.00%	Granite State Economic Development Corporation
53	U.S. Virgin Islands	$91.3M	197	$120,000	7.00%	Metro City Bank
54	Guam	$89.7M	523	$70,000	6.25%	Bank of Guam
55	Northern Mariana Islands	$9.9M	16	$100,000	6.38%	Independence Bank
56	American Samoa	$150K	1	$150,000	7.25%	ANZ Guam Inc

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.

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