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SBA lender · 7(a) program

The Dart Bank

The Dart Bank has approved 47 SBA loans worth $41.0M since FY2010. Everything below comes from the SBA’s own loan-level records.

National rank

#817

<0.01% of all SBA dollars

Total approved

$41.0M

FY2010 onward

Loans

47

Median loan

$450,000

+150% vs national

Median rate

6.25%

-0.50 pts vs national

Charge-off rate

-

Cohort too small

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 The Dart Bank’s numbers say

The Dart Bank sits in the long tail of the SBA lending field, having approved 47 loans for a gross total of $41.0M since fiscal 2010. Its median loan of $450,000 is substantially larger than the $180,000 national median, a pattern that usually signals a focus on real-estate-backed or acquisition deals rather than small working-capital notes.

The median initial note rate across its 7(a) approvals is 6.25%, 0.50 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.

Roughly 35% of its approvals with a recorded business age went to startups or businesses two years old or less, against 27% nationally.

Where The Dart Bank lends

StateLoansShare
Michigan46
Illinois1

What it lends against

Franchise brands The Dart Bank financed

Franchise brandLoansApprovedShare
Biggby Coffee2$1.1M
European Wax Center1$450K
Weichert Realtors1$517K
Marco's Pizza1$304K
I Heart Mac & Cheese1$500K

Brands with the most The Dart Bank SBA loans, among brands with at least 10 loans in the file. Compare lenders across all franchise lending on SBA lenders for franchises.

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.

A different SBA 7(a) lender

SmartBiz is a separate company from The Dart Bank. An SBA 7(a) lender and marketplace for loans up to $500,000, plus bank term loans and custom financing. You apply on their site - we do not take applications and never see your information.

Check options with SmartBiz

We may be paid if you apply through this link. It does not change what we publish, and no lender can buy a place in our rankings. Details.

Questions about The Dart Bank

How many SBA loans has The Dart Bank approved?
The Dart Bank has approved 47 SBA loans totalling $40,955,400 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 The Dart Bank SBA loan size?
The median gross approval is $450,000, with the middle 80% of loans falling between $225,000 and $2,500,000. The national median across all SBA lenders is $180,000.
What interest rate does The Dart Bank charge on SBA 7(a) loans?
The median initial note rate on The Dart Bank's 7(a) approvals is 6.25%, 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.

Where to go from here

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