Northeast Bank SBA Loans – Rates, States & Industries

Northeast Bank SBA 7(a) loan profile. $1.10B funded, 6307 loans at 10.93% avg rate. See top states, industries & how to apply.

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Northeast Bank

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

$1.10B
Total Volume

6,307
Loans Funded

$174K
Avg Loan Size

10.93%
Avg Interest Rate

About Northeast Bank

In 2025, Northeast Bank funded $1.10B in SBA 7(a) loans across 6,307 businesses nationwide, making them the #4 SBA lender in the United States by loan volume.

💡 Key Insight: Northeast Bank’s average loan size is $174K at an average rate of 10.93%. Working with an SBA loan broker can help you access this lender and potentially negotiate better terms.

Loan Types Funded by Northeast Bank

Here’s how Northeast Bank distributes their SBA loans across different business types:

🚀 Startups
11%
$81.6M • 718 loans

🏢 Existing Businesses
89%
$1.02B • 5589 loans

🔄 Acquisitions
0%
$0 • 0 loans

Top States for Northeast Bank (2025)

Here are the states where Northeast Bank has the highest SBA lending activity:

RankStateVolumeLoansAvg Size
1 California$194.6M1047$186K
2 Florida$99.9M580$172K
3 Texas$96.4M583$165K
4 New York$96.3M500$193K
5 New Jersey$45.8M252$182K
6 Illinois$42.6M245$174K
7 Georgia$41.8M246$170K
8 Pennsylvania$36.1M191$189K
9 North Carolina$35.5M207$172K
10 Colorado$28.9M171$169K
11 Virginia$25.3M152$166K
12 Washington$21.8M126$173K
13 Maryland$21.6M124$174K
14 Ohio$20.3M124$163K
15 Arizona$20.0M127$158K

Top Industries Funded by Northeast Bank

Northeast Bank funds SBA loans across many industries. Here are the sectors where they’re most active:

RankIndustryVolumeLoans
1 Full-Service Restaurants$48.5M271
2 New Single-Family Housing Construction (except Operative Builders)$35.0M166
3 Plumbing, Heating, and Air-Conditioning Contractors$24.1M120
4 All Other Professional, Scientific, and Technical Services$23.5M130
5 Residential Remodelers$22.9M141
6 Home Health Care Services$22.1M91
7 All Other Specialty Trade Contractors$20.2M109
8 Used Car Dealers$19.9M81
9 Limited-Service Restaurants$19.2M110
10 Commercial and Institutional Building Construction$16.8M66
11 Beauty Salons$15.7M124
12 Electrical Contractors$14.8M75
13 General Freight Trucking, Long Distance, Truckload$14.3M88
14 Child Day Care Services$14.1M71
15 General Freight Trucking, Local$13.6M95

Top Cities for Northeast Bank

Brooklyn, Ny

$15.5M
Volume

70
Loans

New York, Ny

$12.5M
Volume

62
Loans

San Diego, Ca

$11.1M
Volume

63
Loans

Miami, Fl

$10.4M
Volume

66
Loans

Los Angeles, Ca

$10.3M
Volume

67
Loans

Houston, Tx

$9.6M
Volume

60
Loans

Austin, Tx

$8.1M
Volume

47
Loans

Chicago, Il

$7.8M
Volume

48
Loans

Sacramento, Ca

$7.3M
Volume

36
Loans

Las Vegas, Nv

$7.2M
Volume

39
Loans

🤝 How to Get a Loan from Northeast Bank

Many top SBA lenders, including Northeast Bank, 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 Northeast Bank and can help you access their loan programs. Our service is completely free to borrowers.

📞 Get Matched with Northeast Bank

Ready to apply for an SBA loan through Northeast Bank? 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

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Ishan Jetley

Ishan Jetley is the owner of GoSBA Loans. I have assisted 100's of businesses with their business loans. I specialize in SBA financing for working capital, real estate and business acquisitions.
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