GOOD
How competitive are their spreads? Lower = better for you.
STRONG
Total SBA loans closed. More deals = more experience.
GOOD
How many industries do they lend in? More = flexible.
STRONG
States where they've done deals. Wider = easier if you're out of state.
Total SBA Loans
1,078
2010–2026
Total Volume
$1.1B
Gross loan amounts
States Active
45
With recorded loans
Programs
7(a) & 504
1078 total segments
LendingClub Bank has a strong focus on startups, with 52% of their deals going to new businesses. This is significantly higher than the national average, making them a great option for first-time borrowers.
With an average 7(a) spread of P+2.32%, LendingClub Bank offers competitive pricing compared to the national median of P+2.75%. This could save you money over the life of your loan.
While LendingClub Bank has a 10% share of 504 loans, which is lower than the national average of 18%, they still provide a balanced mix of both 7(a) and 504 loans. If you're considering real estate financing, it's worth discussing your options with them.
Quarterly SBA lending activity, last 5 years.
Estimated spreads based on real historical SBA lending data. Directional, not exact quotes. Excludes 105 504 loans, which use fixed SBA debenture rates.
Top 15 of 45 states where LendingClub Bank, National Association has recorded SBA lending activity.
+ 10 more states
Lending activity by industry cluster.
Top 8 of 15 industries by deal count
Restaurants & Food Service
Accommodation & Food Services
Arts, Entertainment & Recreation
Arts, Entertainment & Recreation
Personal Care (Salons, Spas)
Other Services
Manufacturing
Manufacturing
Food & Beverage Stores
Retail Trade
Other Repair & Services
Other Services
Other Health Practitioners
Health Care & Social Assistance
Wholesale Trade
Wholesale Trade
+ 7 more
All recorded SBA lending activity for LendingClub Bank, National Association, grouped by state, industry, and deal size.
| Segment | Program | Deals↓ | Median Spread | Avg Size | Last Deal |
|---|---|---|---|---|---|
| Massachusetts · Restaurants & Food Service · $150K – $350K | 7(a) | 13 | P+2.75% | $246K | Q1 2016 |
| Massachusetts · Food & Beverage Stores · $500K – $1M | 7(a) | 10 | P+2.75% | $654K | Q2 2017 |
| Texas · Personal Care (Salons, Spas) · $500K – $1M | 7(a) | 9 | P+2.00% | $650K | Q3 2021 |
| Texas · Restaurants & Food Service · $500K – $1M | 7(a) | 9 | P+2.25% | $627K | Q2 2025 |
| Texas · Personal Care (Salons, Spas) · $150K – $350K | 7(a) | 8 | P+2.75% | $241K | Q4 2021 |
| Massachusetts · Food & Beverage Stores · $150K – $350K | 7(a) | 7 | P+2.75% | $304K | Q3 2016 |
| California · Restaurants & Food Service · $500K – $1M | 7(a) | 7 | P+2.75% | $715K | Q3 2024 |
| Texas · Restaurants & Food Service · $150K – $350K | 7(a) | 7 | P+2.75% | $319K | Q2 2021 |
| Massachusetts · Restaurants & Food Service · Under $150K | 7(a) | 7 | P+2.75% | $114K | Q1 2016 |
| Texas · Other Repair & Services · $500K – $1M | 7(a) | 7 | P+2.00% | $811K | Q2 2022 |
| Texas · Arts, Entertainment & Recreation · $500K – $1M | 7(a) | 6 | P+2.25% | $560K | Q4 2022 |
| Illinois · Restaurants & Food Service · $2M – $5M | 7(a) | 6 | P+2.00% | $3.1M | Q1 2023 |
| New Jersey · Food & Beverage Stores · $500K – $1M | 7(a) | 6 | P+2.00% | $745K | Q4 2023 |
| Florida · Transportation & Warehousing · $500K – $1M | 7(a) | 6 | P+2.25% | $802K | Q2 2023 |
| Florida · Restaurants & Food Service · $350K – $500K | 7(a) | 5 | P+2.75% | $431K | Q1 2024 |
| Illinois · Restaurants & Food Service · $1M – $2M | 7(a) | 5 | P+2.25% | $1.3M | Q1 2022 |
| Florida · Restaurants & Food Service · $500K – $1M | 7(a) | 5 | P+2.25% | $608K | Q1 2024 |
| Illinois · Restaurants & Food Service · $500K – $1M | 7(a) | 5 | P+2.25% | $716K | Q4 2025 |
| Illinois · Arts, Entertainment & Recreation · $500K – $1M | 7(a) | 5 | P+2.75% | $801K | Q4 2019 |
| Massachusetts · Manufacturing · Under $150K | 7(a) | 4 | P+2.13% | $96K | Q3 2015 |
| North Carolina · Restaurants & Food Service · $350K – $500K | 7(a) | 4 | P+2.13% | $455K | Q2 2024 |
| Arizona · Restaurants & Food Service · $1M – $2M | 7(a) | 4 | P+2.50% | $1.3M | Q2 2023 |
| Florida · Other Repair & Services · $1M – $2M | 7(a) | 4 | P+1.63% | $1.2M | Q2 2022 |
| Arizona · Restaurants & Food Service · $500K – $1M | 7(a) | 4 | P+2.38% | $681K | Q2 2021 |
| New Hampshire · Manufacturing · Under $150K | 7(a) | 4 | P+1.38% | $74K | Q2 2016 |
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