Administrative & Waste Services
SBA Lenders for Administrative & Waste Services
Top lenders ranked by real SBA lending data for administrative & waste services nationwide.
What Borrowers Should Know
Administrative & Waste Services borrowers are getting better pricing than the national average. The median spread here is P+2.54%, which is 21 basis points lower than the national median of P+2.75%. This suggests lenders view this industry as slightly less risky or more competitive, meaning you may have room to negotiate rates if you shop multiple lenders.
California dominates this industry's SBA lending with 3,477 deals out of 5,288 total—that's 66% of all activity. If you're outside California, you're in a thinner market with fewer lenders actively competing for your business. Arizona is a distant second with only 1,089 deals. Geographic location will significantly affect your access to competitive quotes.
The average deal size of $264,707 is modest, but the industry has attracted 399 active lenders. This means smaller administrative and waste service businesses have viable SBA loan options, but you should expect lenders to be efficient and standardized in their underwriting rather than customized. Larger regional banks (Wells Fargo, U.S. Bank, JPMorgan) control most volume, so community banks may offer more flexibility.
Total SBA Loans
50,829
Active Lenders
2,064
Avg Deal Size
$316K
Total Volume
$16.1B
Administrative & Waste Services SBA loans average $316K in deal size across 50,829 total loans. The median 7(a) spread in this segment is P + 2.31%.
Top Lenders for Administrative & Waste Services
Ranked by total deal count nationwide.
| # | Lender | Type | Deals | Avg Size | Spread | |
|---|---|---|---|---|---|---|
| 1 | The Huntington National Bank | Bank | 4,133 | $172K | P + 2.33%AVERAGE | |
| 2 | Wells Fargo Bank National Association | Bank | 3,105 | $220K | P + 2.82%ABOVE AVG | |
| 3 | TD Bank, National Association | Bank | 2,355 | $102K | P + 2.16%GOOD | |
| 4 | JPMorgan Chase Bank, National Association | Bank | 2,287 | $199K | P + 2.43%AVERAGE | |
| 5 | U.S. Bank, National Association | Bank | 1,951 | $200K | P + 1.99%GOOD | |
| 6 | Manufacturers and Traders Trust Company | Bank | 1,395 | $116K | P + 2.28%AVERAGE | |
| 7 | United Midwest Savings Bank National Association | Bank | 1,391 | $161K | P + 2.72%AVERAGE | |
| 8 | PNC Bank, National Association | Bank | 919 | $153K | P + 2.32%AVERAGE | |
| 9 | BayFirst National Bank | Bank | 858 | $197K | P + 3.32%ABOVE AVG | |
| 10 | Celtic Bank Corporation | Bank | 836 | $241K | P + 2.63%AVERAGE | |
| 11 | Northeast Bank | Bank | 805 | $150K | P + 2.90%ABOVE AVG | |
| 12 | Eastern Bank | Bank | 743 | $84K | P + 1.69%GOOD | |
| 13 | Newtek Bank, National Association | Bank | 703 | $428K | P + 3.16%ABOVE AVG | |
| 14 | Zions Bank, A Division of | Bank | 678 | $219K | P + 2.11%GOOD | |
| 15 | KeyBank National Association | Bank | 609 | $352K | P + 2.33%AVERAGE |
Top States for Administrative & Waste Services
Where administrative & waste services SBA lending is most active.