Health Care & Social Assistance
SBA Lenders for Social Assistance
Top lenders ranked by real SBA lending data for social assistance nationwide.
What Borrowers Should Know
Social Assistance borrowers are getting better pricing than the national median. The median 7(a) spread here is P+2.29%, which is 46 basis points lower than the national 7(a) median of P+2.75%. This suggests lenders view social assistance as a relatively lower-risk sector—likely due to stable government funding streams and predictable revenue. If you're in this industry, you have pricing leverage in negotiations.
California dominates this market with 2,003 of 2,753 total deals (73%)—an unusual concentration. Arizona follows distantly with 364 deals. This means if you're operating outside the top 5 states, you may face thinner lender networks and potentially less competitive terms. Only 367 lenders nationwide serve this sector, so geographic positioning matters significantly for your access to capital.
The top 3 lenders (Wells Fargo, U.S. Bank, JPMorgan Chase) control 506 of 2,753 deals—about 18% of the market. However, Live Oak Banking Company ranks 5th with 75 deals despite being a much smaller institution, suggesting specialized lenders can compete effectively here. You should compare offers from both mega-banks and specialized players; the smaller lenders may offer more flexible terms tailored to social assistance operations.
Total SBA Loans
22,170
Active Lenders
1,734
Avg Deal Size
$713K
Total Volume
$15.8B
Social Assistance SBA loans average $713K in deal size across 22,170 total loans. The median 7(a) spread in this segment is P + 2.19%.
Top Lenders for Social Assistance
Ranked by total deal count nationwide.
| # | Lender | Type | Deals | Avg Size | Spread | |
|---|---|---|---|---|---|---|
| 1 | Wells Fargo Bank National Association | Bank | 1,107 | $786K | P + 2.27%AVERAGE | |
| 2 | The Huntington National Bank | Bank | 994 | $298K | P + 2.28%AVERAGE | |
| 3 | JPMorgan Chase Bank, National Association | Bank | 692 | $339K | P + 2.23%GOOD | |
| 4 | TD Bank, National Association | Bank | 610 | $505K | P + 1.82%GOOD | |
| 5 | U.S. Bank, National Association | Bank | 521 | $519K | P + 1.93%GOOD | |
| 6 | Live Oak Banking Company | Bank | 450 | $1.9M | P + 1.74%GOOD | |
| 7 | Manufacturers and Traders Trust Company | Bank | 380 | $171K | P + 2.65%AVERAGE | |
| 8 | PNC Bank, National Association | Bank | 372 | $1.3M | P + 1.78%GOOD | |
| 9 | Readycap Lending, LLC | Non-Bank | 322 | $928K | P + 3.41%ABOVE AVG | |
| 10 | United Midwest Savings Bank National Association | Bank | 246 | $173K | P + 2.72%AVERAGE | |
| 11 | Florida Business Development C | CDC/504 | 244 | $963K | — | |
| 12 | Truist Bank | Bank | 242 | $686K | P + 1.94%GOOD | |
| 13 | Celtic Bank Corporation | Bank | 229 | $534K | P + 2.72%AVERAGE | |
| 14 | Northeast Bank | Bank | 212 | $171K | P + 2.86%ABOVE AVG | |
| 15 | Zions Bank, A Division of | Bank | 200 | $508K | P + 2.13%GOOD |
Top States for Social Assistance
Where social assistance SBA lending is most active.