10,594
Loans Approved
$4.9B
Total Volume
$460K
Avg Loan Size
51
States Served
States Served
AlaskaAlabamaArkansasArizonaCaliforniaColoradoConnecticutWashington D.C.DelawareFloridaGeorgiaHawaiiIowaIdahoIllinoisIndianaKansasKentuckyLouisianaMassachusettsMarylandMaineMichiganMinnesotaMissouriMississippiMontanaNorth CarolinaNorth DakotaNebraskaNew HampshireNew JerseyNew MexicoNevadaNew YorkOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVirginiaVermontWashingtonWisconsinWest VirginiaWyoming
Top Industries Financed
- Full-Service Restaurants
- General Automotive Repair
- Administrative Management and General Management Consulting Services
- Limited-Service Restaurants
- Offices of Physicians (except Mental Health Specialists)
About Newtek Bank, National Association
Newtek Bank, National Association is an SBA-approved lender headquartered in Miami, Florida. Since 2020, they have approved 10,594 SBA 7(a) loans totaling $4.9B, with an average loan size of $460K. As an SBA Preferred Lender, they have delegated authority to approve SBA loans without prior SBA review, resulting in faster processing times. They serve businesses across 51 states.
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