SBA lender · 7(a) program
JPMorgan Chase Bank
JPMorgan Chase Bank has approved 44,082 SBA loans worth $8.49B since FY2010 - the #5 SBA lender in the country by dollars approved. Everything below comes from the SBA’s own loan-level records.
National rank
#5
1.68% of all SBA dollars
Total approved
$8.49B
FY2010 onward
Loans
44,082
Median loan
$95,000
-47% vs national
Median rate
7.40%
+0.65 pts vs national
Charge-off rate
7.8%
30,844 resolved FY10-19 loans
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.
Reading the record
What JPMorgan Chase Bank’s numbers say
JPMorgan Chase Bank sits near the top of the SBA lending field, having approved 44,082 loans for a gross total of $8.49B since fiscal 2010. Its median loan of $95,000 is well below the $180,000 national median, typical of a lender leaning on SBA Express and smaller working-capital facilities.
The median initial note rate across its 7(a) approvals is 7.40%, 0.65 points above the national median of 6.75%. Rate medians drawn across fifteen years reflect the mix of loan sizes and vintages a lender wrote as much as its pricing posture - a lender that grew fastest during a high-rate stretch will look expensive here even if its spread was ordinary.
Of its FY2010-FY2019 approvals that have reached a terminal status, 7.8% were charged off, right at the national figure. Read that as a description of the credit box a lender chose, not as a verdict on it: lenders serving newer businesses and thinner files will always show higher losses than those writing large, collateralised acquisition loans.
Roughly 2% of its approvals went to businesses the SBA classified as new rather than existing, against 11% nationally - a book weighted toward established operators.
Where JPMorgan Chase Bank lends
| State | Loans | Share |
|---|---|---|
| California | 8,876 | |
| New York | 7,056 | |
| Texas | 5,979 | |
| Illinois | 3,903 | |
| Florida | 3,268 | |
| Arizona | 2,099 | |
| Michigan | 1,627 | |
| New Jersey | 1,542 |
What it lends against
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.
Questions about JPMorgan Chase Bank
- How many SBA loans has JPMorgan Chase Bank approved?
- JPMorgan Chase Bank has approved 44,082 SBA loans totalling $8,494,696,500 in gross approvals from fiscal year 2010 through the most recent SBA data release. That places it #5 among all SBA lenders by dollars approved.
- What is the typical JPMorgan Chase Bank SBA loan size?
- The median gross approval is $95,000, with the middle 80% of loans falling between $20,000 and $400,000. The national median across all SBA lenders is $180,000.
- What interest rate does JPMorgan Chase Bank charge on SBA 7(a) loans?
- The median initial note rate on JPMorgan Chase Bank's 7(a) approvals is 7.40%, compared with a national median of 6.75%. This is a historical median across all approvals since FY2010, not a quote - SBA 7(a) rates are pegged to a base rate that moves, and your rate depends on loan size, term, and credit profile.
- What is JPMorgan Chase Bank's SBA loan charge-off rate?
- 7.8% of its FY2010-FY2019 approvals that have reached a terminal status were charged off, against a national figure of 7.6%. A charge-off rate reflects the borrowers a lender chose to underwrite as much as anything else, and is not a measure of service quality.
Where to go from here
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