69
Truist Bank
National Rank by SBA 7(a) Loan Volume (2025)
$104.7M
Total Volume
72
Loans Funded
$1.5M
Avg Loan Size
8.78%
Avg Interest Rate
About Truist Bank
In 2025, Truist Bank funded $104.7M in SBA 7(a) loans across 72 businesses nationwide, making them the #69 SBA lender in the United States by loan volume.
💡 Key Insight: Truist Bank’s average loan size is $1.5M at an average rate of 8.78%. Working with an SBA loan broker can help you access this lender and potentially negotiate better terms.
Top States for Truist Bank SBA Loans
Truist Bank is most active in Florida, with lending activity across multiple states. Here’s where they funded the most SBA 7(a) loans in 2025:
| State | Loans | Volume |
|---|---|---|
| Florida | 29 | $38.4M |
| Virginia | 8 | $15.1M |
| Georgia | 9 | $13.8M |
| Texas | 5 | $10.1M |
| Pennsylvania | 5 | $8.7M |
| North Carolina | 6 | $5.2M |
| Nevada | 1 | $4.0M |
| New York | 3 | $2.6M |
| District of Columbia | 1 | $2.0M |
| New Jersey | 1 | $1.5M |
Top Industries Funded by Truist Bank
Here are the industries where Truist Bank funded the most SBA 7(a) loans in 2025:
| Industry | Loans | Volume |
|---|---|---|
| Full-Service Restaurants | 9 | $11.8M |
| Limited-Service Restaurants | 7 | $7.9M |
| Child Day Care Services | 3 | $7.4M |
| Computer Systems Design Services | 2 | $6.6M |
| Administrative Management and General Management Consulting Services | 2 | $5.8M |
| Hardware Merchant Wholesalers | 1 | $5.0M |
| Temporary Help Services | 1 | $3.9M |
| All Other Professional, Scientific, and Technical Services | 1 | $3.7M |
| Electrical Contractors | 2 | $3.5M |
| Commercial and Industrial Machinery and Equipment (except Automotive a | 1 | $3.1M |
How to Get an SBA Loan Through Truist Bank
Applying for an SBA 7(a) loan through Truist Bank typically involves:
- Pre-qualification — Determine if your business meets SBA eligibility requirements
- Documentation — Gather financial statements, tax returns, and a business plan
- Application — Submit through Truist Bank or work with an SBA loan broker for faster processing
- Underwriting — The bank reviews your application and makes a decision
- Closing — Finalize terms and receive your funding
Ready to Apply for an SBA Loan?
Our brokers can help you access Truist Bank and 2,000+ other SBA lenders to find the best rates and terms for your business.
