SBA lender · 7(a) program
TD Bank
TD Bank has approved 33,159 SBA loans worth $4.78B since FY2010 - the #16 SBA lender in the country by dollars approved. Everything below comes from the SBA’s own loan-level records.
National rank
#16
0.94% of all SBA dollars
Total approved
$4.78B
FY2010 onward
Loans
33,159
Median loan
$50,000
-72% vs national
Median rate
9.96%
+3.21 pts vs national
Charge-off rate
16.9%
11,933 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 TD Bank’s numbers say
TD Bank sits near the top of the SBA lending field, having approved 33,159 loans for a gross total of $4.78B since fiscal 2010. Its median loan of $50,000 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 9.96%, 3.21 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, 16.9% were charged off, 9.3 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 18% of its approvals went to businesses the SBA classified as new rather than existing, against 11% nationally.
Where TD Bank lends
| State | Loans | Share |
|---|---|---|
| New York | 8,245 | |
| New Jersey | 6,722 | |
| Florida | 6,612 | |
| Pennsylvania | 2,534 | |
| Massachusetts | 2,086 | |
| South Carolina | 1,293 | |
| New Hampshire | 1,266 | |
| Connecticut | 998 |
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 TD Bank
- How many SBA loans has TD Bank approved?
- TD Bank has approved 33,159 SBA loans totalling $4,778,924,600 in gross approvals from fiscal year 2010 through the most recent SBA data release. That places it #16 among all SBA lenders by dollars approved.
- What is the typical TD Bank SBA loan size?
- The median gross approval is $50,000, with the middle 80% of loans falling between $20,000 and $250,000. The national median across all SBA lenders is $180,000.
- What interest rate does TD Bank charge on SBA 7(a) loans?
- The median initial note rate on TD Bank's 7(a) approvals is 9.96%, 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 TD Bank's SBA loan charge-off rate?
- 16.9% 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
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