Top 25 SBA Bank Lenders – 2020

 

Live Oak moved up to take the #1 ranking from Wells Fargo in 2019. Live Oak put the the competition in the dust, being the only SBA bank to do over $1 billion in SBA loans in 2019. Wells Fargo did over $1 billion in loans in 2018, but Wells’ SBA loan volume dropped considerably in 2019. Rounding out our top five were Newtek, Huntington, and Byline.

Top SBA Bank Lenders for 2020 based on 2019 Total Loan Volume:

 

20192018BankTotal Loan VolumeAvg IntAvg Loan# of LoansCityST
12Live Oak$1,284,454,1717.01%$1,439,971892WilmingtonNC
21Wells Fargo$684,353,1809.47%$225,6363,033Sioux FallsSD
35Newtek $674,742,7408.21%$724,751931Lake SuccessNY
43 Huntington$561,531,4207.05%$162,1053,464ColumbusOH
57Byline Bank$499,164,5007.94%$1,116,699447ChicagoIL
68Celtic Bank$465,795,0507.93%$761,103612Salt Lake CityUT
76JPMorgan Chase$448,112,7018.56%$232,1831,930ColumbusOH
84U.S. Bank$422,413,4008.10%$147,6455,722CincinnatiOH
916First Home Bank$336,045,9008.07%$241,5861,391St PetersburgFL
1012Seacoast $307,461,8007.15%$1,130,374272San DiegoCA
1111KeyBank$305,745,7007.57%$611,491500ClevelandOH
1217Stearns Bank$268,203,7008.10%$298,004900Saint CloudMN
1319Readycap Lending$257,259,3007.53%$1,138,315226Berkeley HeightsNJ
1410TD Bank$255,854,60010.00%$89,9632,844WilmingtonDE
1541BB&T$251,446,2006.96%$534,992470Winston SalemNC
1613BBVA$247,688,5007.67%$971,327255BirminghamAL
1715Bank of Hope$243,525,5007.31%$498,007489Los AngelesCA
1823Berkshire Bank$198,722,9007.79%$788,583252PittsfieldMA
1918Bank of the West$188,613,6006.79%$534,316353San FranciscoCA
2025Bank of America$178,165,2005.86%$527,116338CharlotteNC
2126M&T$174,101,0009.27%$122,0901,426BuffaloNY
2227Pinnacle Bank$168,880,7477.60%$111,058152Orange CityFL
239United Midwest Savings$162,488,6008.01%$251,9201,290De GraffOH
2445Citizens Bank$160,976,1507.67%$919,864165ElizabethtonTN
2533Metro City Bank$160,095,0006.96%$1,554,320165Los AngelesCA

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