GetFundedUSA › SBA Lenders › Newtek Bank, National Association
Newtek Bank, National Association
Miami, FL · Top National Lender · National rank #3
Yes, Newtek Bank, National Association approved 4,828 SBA 7(a) loans in FY2025, ranking #3 nationally among SBA lenders. Its average loan size was $420,445, with the most activity in California, Florida, and Texas.
Newtek Bank, National Association is headquartered in Miami, FL, and ranked #3 nationally among SBA 7(a) lenders based on FY2025 SBA 7(a) lender activity data. According to this data, Newtek Bank approved 4,828 SBA 7(a) loans in FY2025, totaling $2,029,906,200 in approved loan dollars. Of that amount, $1,521,966,060 was backed by the SBA guaranty. The average loan size across these approvals was $420,445.
Newtek Bank's SBA 7(a) lending activity in FY2025 spanned 52 states, indicating a broad national lending footprint rather than a regional concentration. The lender's top three states by loan volume were California (712 loans), Florida (631 loans), and Texas (503 loans), with Florida also serving as the location of its headquarters. This distribution suggests activity concentrated in large, populous states while still maintaining a presence across nearly all U.S. states and the District of Columbia.
These figures reflect only the FY2025 SBA 7(a) lender activity data as reported and do not include interest rates, loan terms, approval criteria, or contact information, none of which are included in the source data. Borrowers seeking further details on loan terms or eligibility should consult the lender or SBA directly, as this profile is limited strictly to volume and geographic activity figures from the referenced dataset.
Where Newtek Bank, National Association lends
| State | Loans | Dollars |
|---|---|---|
| California | 712 | $295,826,300 |
| Florida | 631 | $252,813,300 |
| Texas | 503 | $199,912,800 |
| New York | 291 | $152,786,000 |
| Georgia | 220 | $88,728,000 |
| Colorado | 154 | $73,604,500 |
| Illinois | 155 | $67,863,500 |
| North Carolina | 119 | $63,077,000 |
| New Jersey | 159 | $60,043,000 |
| Virginia | 125 | $44,470,000 |
| Arizona | 120 | $44,044,500 |
| Michigan | 103 | $42,164,700 |
| Pennsylvania | 115 | $39,657,500 |
| Ohio | 89 | $38,873,000 |
| Louisiana | 88 | $36,545,700 |
Questions people ask
Is Newtek Bank, National Association an SBA lender?
Yes, according to FY2025 SBA 7(a) lender activity data, Newtek Bank is an active SBA 7(a) lender.
How many SBA 7(a) loans did Newtek Bank approve in FY2025?
Newtek Bank approved 4,828 SBA 7(a) loans in FY2025.
What was the total dollar amount of loans approved?
Approved loans totaled $2,029,906,200 in FY2025.
What is Newtek Bank's average SBA loan size?
The average loan size was $420,445 in FY2025.
How much of the loan volume was SBA-guaranteed?
$1,521,966,060 of the approved loan dollars was covered by the SBA guaranty.
Where is Newtek Bank headquartered?
Newtek Bank is headquartered in Miami, FL.
Where is Newtek Bank most active for SBA lending?
Its top states by loan volume in FY2025 were California (712 loans), Florida (631 loans), and Texas (503 loans).
Is Newtek Bank a national or regional SBA lender?
Newtek Bank serves 52 states, indicating a national SBA lending presence.
How does Newtek Bank rank by SBA loan volume?
Newtek Bank ranked #3 nationally among SBA 7(a) lenders in FY2025.
Does Newtek Bank lend outside its headquarters state?
Yes, it approved more loans in California than in its home state of Florida in FY2025.
Source: SBA 7(a) Lender Activity Report, FY2025 (data.sba.gov). GetFundedUSA is independent and not affiliated with Newtek Bank, National Association; loan terms, rates and eligibility are set by the lender and the SBA, not GetFundedUSA.