SBA lender · 7(a) program
Safe-Bidco
Safe-Bidco has approved 43 SBA loans worth $6.6M since FY2010. Everything below comes from the SBA’s own loan-level records.
National rank
-
<0.01% of all SBA dollars
Total approved
$6.6M
FY2010 onward
Loans
43
Median loan
$150,000
-17% vs national
Median rate
6.00%
-0.75 pts vs national
Charge-off rate
13.9%
36 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 Safe-Bidco’s numbers say
Safe-Bidco sits in the long tail of the SBA lending field, having approved 43 loans for a gross total of $6.6M since fiscal 2010. Its median loan of $150,000 is close to the $180,000 national median.
The median initial note rate across its 7(a) approvals is 6.00%, 0.75 points below 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, 13.9% were charged off, 6.3 points above the national figure of 7.6%. 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 0% of its approvals went to businesses the SBA classified as new rather than existing, against 11% nationally - a book weighted toward established operators.
Where Safe-Bidco lends
| State | Loans | Share |
|---|---|---|
| California | 43 |
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 Safe-Bidco
- How many SBA loans has Safe-Bidco approved?
- Safe-Bidco has approved 43 SBA loans totalling $6,553,800 in gross approvals from fiscal year 2010 through the most recent SBA data release. That places it outside the top 500 among all SBA lenders by dollars approved.
- What is the typical Safe-Bidco SBA loan size?
- The median gross approval is $150,000, with the middle 80% of loans falling between $51,000 and $250,000. The national median across all SBA lenders is $180,000.
- What interest rate does Safe-Bidco charge on SBA 7(a) loans?
- The median initial note rate on Safe-Bidco's 7(a) approvals is 6.00%, 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 Safe-Bidco's SBA loan charge-off rate?
- 13.9% 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
We are a publisher, not a lender or broker. We never take applications and are never paid by borrowers. Read the full disclosures.