U.S. Bank SBA Loans (2027): Rates And Ranking
U.S. Bank approved 3,068 SBA 7(a) loans worth $943M in FY2026, ranking #4 nationally by dollar volume. 48 of those loans financed business acquisitions.
Key Takeaways
- Headquartered in Cincinnati, OH; lent in 10+ states.
- California was its largest state at $286M.
- Its top industry was Hotels (except Casino Hotels) and Motels.
- 5% of its SBA dollars financed acquisitions (national share 27%).
- Most loans went through the SBA Express Program (2,352 loans).
Where U.S. Bank Lends
Industries U.S. Bank Funds
Does U.S. Bank Finance Business Acquisitions?
U.S. Bank closed 48 change of ownership loans in FY2026, averaging $985K.
Loan Sizes
Buying A Business?
We send your deal to U.S. Bank and other SBA lenders that fit it, so they compete for your business. It is free to you.
U.S. Bank SBA Lending Since 2020
FY2026 dollar volume was up 8.2% from FY2025, and the loan count was down 11.2%. Part of that drop is the calendar: SBA approved no 7(a) loans in October 2025 during the federal government shutdown (October 1 to November 12, 2025), so FY2026 covers about 11 months of lending.
Is U.S. Bank Right For Your Deal?
U.S. Bank's average SBA loan was $307K (median $50K), below the national average, so it is active in smaller loans.
Loans averaged 9.0 years in term and 47% were variable rate. 31% went to startups or businesses under two years old, and 4% to franchises such as The UPS Store, USA Insulation, Budget Blinds.
Lenders ranked near U.S. Bank nationally include Live Oak Banking Company, Newtek Bank, The Huntington National Bank, Northeast Bank. Comparing two or three of them on the same deal is the best way to see real terms.
Questions About U.S. Bank SBA Loans
How many SBA loans did U.S. Bank make in 2026?
U.S. Bank approved 3,068 SBA 7(a) loans totaling $943M in FY2026 (October 2025 to September 2026), ranking #4 nationally by dollar volume.
What rate does U.S. Bank charge on SBA loans?
Its average initial rate was 9.11% (7.45% weighted by loan size), and 47% of its loans were variable. Your rate depends on loan size, term and credit.
Does U.S. Bank do SBA loans to buy a business?
Yes. It closed 48 business acquisition loans in FY2026, averaging $985K.
Where does U.S. Bank make SBA loans?
Its largest states were California, Washington, Ohio, Minnesota, Texas.
Does GoSBA Loans charge borrowers?
No. GoSBA Loans is 100% free to borrowers. We take your deal to the SBA lenders that fit it.
Keep Exploring
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About this data. Rankings use SBA 7(a) loan approvals from the SBA FOIA data set, fiscal year 2026 (October 1, 2025 to September 30, 2026), as published by SBA through September 30, 2026. Lenders are ranked by approved dollar volume. Rates are the initial rate at approval, a simple average across loans; most SBA 7(a) loans are variable and move with the Prime Rate. Business acquisition loans are those SBA marks as a change of ownership. GoSBA Loans is an SBA loan broker, not a lender, and is not affiliated with SBA.
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