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FinWise Bank
SANDY, UT · Active Lender · National rank #102
FinWise Bank approved 89 SBA 7(a) loans in FY2025, ranking #102 nationally, with its heaviest activity in New York, New Jersey, and Florida.
FinWise Bank is a lender headquartered in Sandy, Utah, that participates in the U.S. Small Business Administration's 7(a) loan program. According to FY2025 SBA 7(a) lender activity data, FinWise Bank approved 89 SBA 7(a) loans totaling $97,888,000 in approved dollar volume during the fiscal year. Of that amount, $76,018,500 was backed by SBA guaranty. The average loan size across these approved loans was $1,099,865.
Based on this FY2025 activity data, FinWise Bank ranks #102 nationally among SBA 7(a) lenders by loan volume. The lender's most active states, by number of loans, are New York (48 loans), New Jersey (18 loans), and Florida (8 loans). Beyond these top three states, FinWise Bank's FY2025 SBA 7(a) activity also extended to Pennsylvania, California, Nevada, Maryland, Georgia, Tennessee, Missouri, Texas, New Hampshire, Washington, and Arkansas, indicating lending activity spread across a wide geographic footprint despite its Utah headquarters.
This profile reflects only the figures reported in FY2025 SBA 7(a) lender activity data and does not include information on interest rates, loan terms, eligibility criteria, or approval likelihood, none of which are part of the underlying dataset.
Where FinWise Bank lends
| State | Loans | Dollars |
|---|---|---|
| New York | 48 | $50,802,000 |
| New Jersey | 18 | $13,306,000 |
| Florida | 8 | $10,850,000 |
| Pennsylvania | 3 | $7,480,000 |
| California | 2 | $6,650,000 |
| Nevada | 2 | $4,150,000 |
| Maryland | 1 | $1,200,000 |
| Georgia | 1 | $1,000,000 |
| Tennessee | 1 | $1,000,000 |
| Missouri | 1 | $400,000 |
| New Hampshire | 1 | $350,000 |
| Texas | 1 | $350,000 |
| Washington | 1 | $250,000 |
| Arkansas | 1 | $100,000 |
Questions people ask
Is FinWise Bank an SBA lender?
Yes, FinWise Bank participated in the SBA 7(a) loan program and approved loans in FY2025 according to SBA activity data.
How many SBA 7(a) loans did FinWise Bank approve in FY2025?
FinWise Bank approved 89 SBA 7(a) loans in FY2025.
What was FinWise Bank's total SBA 7(a) loan volume in FY2025?
The total approved dollar volume was $97,888,000.
What is FinWise Bank's average SBA loan size?
The average loan size was $1,099,865 based on FY2025 data.
How much of FinWise Bank's loan volume was SBA-guaranteed?
$76,018,500 of the approved dollar volume was backed by SBA guaranty.
Where is FinWise Bank headquartered?
FinWise Bank is headquartered in Sandy, Utah.
Where is FinWise Bank most active with SBA lending?
Its top states by loan count are New York (48 loans), New Jersey (18 loans), and Florida (8 loans).
Is FinWise Bank a national or regional SBA lender?
FinWise Bank's FY2025 SBA lending spans 14 states, including NY, NJ, FL, PA, CA, NV, MD, GA, TN, MO, TX, NH, WA, and AR, suggesting a multi-state rather than strictly regional footprint.
How does FinWise Bank rank among SBA 7(a) lenders by volume?
FinWise Bank ranks #102 nationally by SBA 7(a) loan volume in FY2025.
How many states did FinWise Bank serve in FY2025?
FinWise Bank's FY2025 SBA 7(a) activity covered 14 states.
Source: SBA 7(a) Lender Activity Report, FY2025 (data.sba.gov). GetFundedUSA is independent and not affiliated with FinWise Bank; loan terms, rates and eligibility are set by the lender and the SBA, not GetFundedUSA.