SBA data · Northern Mariana Islands
SBA lending in Northern Mariana Islands
16 loans worth $9.9M have been approved for Northern Mariana Islands projects since FY2010 - the #55 state by SBA dollars, 0.0% of the national total.
State rank
#55
by dollars approved
Approved
$9.9M
FY2010 onward
Loans
16
Median loan
$100,000
-44% vs national
Median 7(a) rate
6.38%
Jobs supported
451
Lender-reported
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.
Who lends here
The most active SBA lenders in Northern Mariana Islands
Ranked by dollars approved for projects in this state. Ranking is computed from federal data and cannot be purchased.
| # | Lender | Approved in MP | Loans | Avg loan | Share |
|---|---|---|---|---|---|
| 1 | Independence Bank | $6.5M | 3 | $2,166,667 | |
| 2 | First Hawaiian Bank | $2.7M | 5 | $533,000 | |
| 3 | Bank of Guam | $500K | 3 | $166,667 | |
| 4 | Bank of Hawaii | $150K | 4 | $37,500 | |
| 5 | Northeast Bank | $100K | 1 | $100,000 |
By sector in Northern Mariana Islands
Most-financed industries
Approvals by fiscal year
Gross approval dollars in Northern Mariana Islands. The final bar is a partial fiscal year.
Loan sizes in Northern Mariana Islands
- Under $50K13%
- $50K - $150K50%
- $150K - $350K13%
- $1M - $2M6%
- Over $2M19%
SBA lending in Northern Mariana Islands: common questions
- How many SBA loans are approved in Northern Mariana Islands?
- 16 SBA 7(a) and 504 loans totalling $9,915,000 have been approved for projects in Northern Mariana Islands since fiscal year 2010, ranking it #55 among states and territories by dollars approved - 0.0% of all SBA lending nationally.
- Which lenders make the most SBA loans in Northern Mariana Islands?
- By dollars approved in Northern Mariana Islands, the most active lenders are Independence Bank, First Hawaiian Bank, Bank of Guam, Bank of Hawaii, Northeast Bank. Volume is not a recommendation - a lender's fit depends on your industry, loan size, and credit profile.
- What is the typical SBA loan size in Northern Mariana Islands?
- The median gross approval in Northern Mariana Islands is $100,000, 44% below the national median of $180,000. Half of all loans in the state fall between $50,000 and $2,500,000.
- Do I need to use a lender based in Northern Mariana Islands?
- No. SBA lenders can and routinely do lend across state lines, and several of the largest national 7(a) lenders have no branch presence at all. The lenders listed on this page are those with the most approved dollars for projects located in Northern Mariana Islands, wherever they are headquartered.
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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