Newtek Bank, National Association SBA Loans – Rates, States & Industries

Newtek Bank, National Association SBA 7(a) loan profile. $1.49B funded, 4056 loans at 10.91% avg rate. See top states, industries & how to apply.

Table of Contents

3

Newtek Bank, National Association

National Rank by SBA 7(a) Loan Volume (2025)

$1.49B
Total Volume

4,056
Loans Funded

$367K
Avg Loan Size

10.91%
Avg Interest Rate

About Newtek Bank, National Association

In 2025, Newtek Bank, National Association funded $1.49B in SBA 7(a) loans across 4,056 businesses nationwide, making them the #3 SBA lender in the United States by loan volume.

๐Ÿ’ก Key Insight: Newtek Bank, National Association’s average loan size is $367K at an average rate of 10.91%. Working with an SBA loan broker can help you access this lender and potentially negotiate better terms.

Loan Types Funded by Newtek Bank, National Association

Here’s how Newtek Bank, National Association distributes their SBA loans across different business types:

๐Ÿš€ Startups
15%
$203.3M โ€ข 616 loans

๐Ÿข Existing Businesses
84%
$1.25B โ€ข 3388 loans

๐Ÿ”„ Acquisitions
1%
$38.7M โ€ข 52 loans

Top States for Newtek Bank, National Association (2025)

Here are the states where Newtek Bank, National Association has the highest SBA lending activity:

RankStateVolumeLoansAvg Size
1 California$210.1M598$351K
2 Florida$192.5M528$365K
3 Texas$146.1M415$352K
4 New York$120.9M253$478K
5 Georgia$68.1M188$362K
6 Colorado$49.6M130$381K
7 Illinois$49.5M126$393K
8 North Carolina$48.3M101$478K
9 Virginia$40.4M116$348K
10 New Jersey$38.9M126$309K
11 Arizona$36.0M105$343K
12 Washington$34.8M86$405K
13 Pennsylvania$33.9M95$356K
14 Michigan$31.3M85$368K
15 Oregon$30.2M54$560K

Top Industries Funded by Newtek Bank, National Association

Newtek Bank, National Association funds SBA loans across many industries. Here are the sectors where they’re most active:

RankIndustryVolumeLoans
1 Full-Service Restaurants$77.8M196
2 General Automotive Repair$51.0M148
3 Limited-Service Restaurants$40.5M99
4 Offices of Physicians (except Mental Health Specialists)$37.6M89
5 Custom Computer Programming Services$34.1M87
6 Administrative Management and General Management Consulting Services$28.8M136
7 Fitness and Recreational Sports Centers$28.8M110
8 Child Day Care Services$27.7M56
9 New Single-Family Housing Construction (except Operative Builders)$22.1M49
10 Home Health Care Services$20.9M43
11 Landscaping Services$18.8M59
12 Snack and Nonalcoholic Beverage Bars$18.7M56
13 Plumbing, Heating, and Air-Conditioning Contractors$18.6M46
14 All Other Specialty Trade Contractors$17.6M28
15 Offices of Dentists$17.3M50

Top Cities for Newtek Bank, National Association

Miami, Fl

$26.5M
Volume

81
Loans

New York, Ny

$25.3M
Volume

49
Loans

Atlanta, Ga

$21.3M
Volume

37
Loans

Brooklyn, Ny

$19.2M
Volume

35
Loans

Dallas, Tx

$18.8M
Volume

26
Loans

Houston, Tx

$13.5M
Volume

42
Loans

Los Angeles, Ca

$11.3M
Volume

45
Loans

Orlando, Fl

$10.3M
Volume

28
Loans

Philadelphia, Pa

$10.2M
Volume

14
Loans

Cottage Grove, Or

$10.0M
Volume

2
Loans

๐Ÿค How to Get a Loan from Newtek Bank, National Association

Many top SBA lenders, including Newtek Bank, National Association, work primarily through approved SBA loan brokers. This is good news for borrowers:

  • Better Match: Get matched with the right lender for your situation
  • Negotiating Power: Broker relationships can result in better rates
  • Time Savings: One application goes to multiple lenders
  • Expert Guidance: Maximize your approval chances

GoSBA Loans works directly with Newtek Bank, National Association and can help you access their loan programs. Our service is completely free to borrowers.

๐Ÿ“ž Get Matched with Newtek Bank, National Association

Ready to apply for an SBA loan through Newtek Bank, National Association? Our team can help you get matched with the right lender and program for your business.

Looking for other SBA lenders? GoSBA Loans works with 75+ SBA lenders nationwide. Contact us to get matched with the best lender for your specific business needs.

Other Top SBA Lenders