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
10,630
2023–2026
Total Volume
$5.0B
Gross loan amounts
States Active
50
Incl. DC & territories
Programs
7(a) & 504
10630 total segments
Newtek Bank primarily serves existing businesses, with 79% of their deals focused on this segment. This makes them a strong choice for established companies looking for financing.
With an average 7(a) spread of P+3.28%, Newtek Bank's rates are higher than the national median of P+2.75%. Borrowers should consider this when evaluating overall loan costs.
Newtek Bank has seen a 9% decline in year-over-year deal volume, indicating a potential tightening in lending activity. Borrowers may want to apply sooner rather than later to secure funding.
Quarterly SBA lending activity, last 5 years.
Estimated spreads based on real historical SBA lending data. Directional, not exact quotes. Excludes 62 504 loans, which use fixed SBA debenture rates.
Top 15 of 51 states where Newtek 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
Manufacturing
Manufacturing
Management & IT Consulting
Professional Services
Administrative & Waste Services
Administrative & Waste Services
Wholesale Trade
Wholesale Trade
Specialty Trade Contractors
Construction
Other Health Practitioners
Health Care & Social Assistance
Miscellaneous Retail
Retail Trade
+ 7 more
All recorded SBA lending activity for Newtek Bank, National Association, grouped by state, industry, and deal size.
| Segment | Program | Deals↓ | Median Spread | Avg Size | Last Deal |
|---|---|---|---|---|---|
| California · Management & IT Consulting · Under $150K | 7(a) | 61 | P+3.50% | $76K | Q4 2025 |
| California · Restaurants & Food Service · Under $150K | 7(a) | 59 | P+3.00% | $99K | Q4 2025 |
| California · Arts, Entertainment & Recreation · Under $150K | 7(a) | 55 | P+3.00% | $84K | Q4 2025 |
| Florida · Administrative & Waste Services · Under $150K | 7(a) | 52 | P+3.00% | $86K | Q4 2025 |
| California · Restaurants & Food Service · $150K – $350K | 7(a) | 51 | P+3.00% | $265K | Q4 2025 |
| California · Manufacturing · Under $150K | 7(a) | 50 | P+3.00% | $89K | Q4 2025 |
| Florida · Restaurants & Food Service · Under $150K | 7(a) | 48 | P+3.00% | $86K | Q4 2025 |
| Florida · Management & IT Consulting · Under $150K | 7(a) | 46 | P+3.00% | $85K | Q4 2025 |
| Florida · Wholesale Trade · Under $150K | 7(a) | 45 | P+3.00% | $107K | Q4 2025 |
| California · Administrative & Waste Services · Under $150K | 7(a) | 44 | P+3.00% | $90K | Q4 2025 |
| Florida · Wholesale Trade · $150K – $350K | 7(a) | 42 | P+3.00% | $249K | Q4 2025 |
| Florida · Specialty Trade Contractors · Under $150K | 7(a) | 42 | P+3.00% | $95K | Q4 2025 |
| Florida · Restaurants & Food Service · $150K – $350K | 7(a) | 40 | P+3.00% | $262K | Q4 2025 |
| California · Management & IT Consulting · $150K – $350K | 7(a) | 38 | P+3.00% | $268K | Q4 2025 |
| California · Miscellaneous Retail · Under $150K | 7(a) | 37 | P+3.00% | $80K | Q4 2025 |
| New York · Restaurants & Food Service · Under $150K | 7(a) | 37 | P+3.00% | $85K | Q4 2025 |
| Texas · Management & IT Consulting · Under $150K | 7(a) | 35 | P+3.00% | $88K | Q4 2025 |
| Florida · Manufacturing · Under $150K | 7(a) | 35 | P+3.00% | $81K | Q4 2025 |
| Texas · Administrative & Waste Services · Under $150K | 7(a) | 34 | P+3.00% | $89K | Q4 2025 |
| Florida · Other Health Practitioners · Under $150K | 7(a) | 34 | P+3.00% | $85K | Q4 2025 |
| Texas · Restaurants & Food Service · $150K – $350K | 7(a) | 33 | P+3.00% | $265K | Q4 2025 |
| New York · Restaurants & Food Service · $150K – $350K | 7(a) | 33 | P+3.00% | $249K | Q4 2025 |
| Florida · Personal Care (Salons, Spas) · Under $150K | 7(a) | 32 | P+3.00% | $84K | Q4 2025 |
| Florida · Miscellaneous Retail · Under $150K | 7(a) | 32 | P+3.00% | $88K | Q4 2025 |
| California · Manufacturing · $150K – $350K | 7(a) | 32 | P+3.00% | $297K | Q4 2025 |
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Real experiences from borrowers who closed SBA loans with Newtek Bank, National Association.
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