Cogent Bank approved 156 SBA loans worth $183.3M between October 2021 and June 2026, ranking #261 of 2,283 SBA lenders nationally by loan count. Its median loan was $799,500, and 41% went to startups or businesses under two years old. It lent in 14 states, most often in Florida, and its most financed industry was restaurants and hotels.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| Florida | 103 | $103.0M | $750,000 | #44 |
| Georgia | 34 | $45.8M | $964,750 | #57 |
| North Carolina | 6 | $9.7M | $1,835,550 | #105 |
| South Carolina | 3 | $2.6M | $965,000 | #109 |
| Colorado | 1 | $975K | $975,000 | #232 |
| Alabama | 1 | $990K | $990,000 | #153 |
| Missouri | 1 | $1.4M | $1,448,000 | #246 |
| New Jersey | 1 | $2.0M | $1,980,000 | #182 |
| New York | 1 | $5.0M | $5,000,000 | #235 |
| Oklahoma | 1 | $5.0M | $5,000,000 | #185 |
| Tennessee | 1 | $380K | $380,000 | #217 |
| Texas | 1 | $5.0M | $5,000,000 | #397 |
| Virginia | 1 | $655K | $655,000 | #199 |
| U.S. Virgin Islands | 1 | $717K | $717,000 | #16 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Restaurants and hotels | 35 | $964,000 | |
| Retail | 26 | $995,000 | |
| Health care and social assistance | 15 | $755,500 | |
| Other services (repair, personal care) | 15 | $828,000 | |
| Manufacturing | 14 | $598,700 | |
| Construction | 13 | $965,000 | |
| Professional and technical services | 11 | $700,000 | |
| Wholesale trade | 8 | $1,011,500 | |
| Real estate and rental | 4 | $548,500 | |
| Administrative and support services | 4 | $393,000 |