FinWise Bank approved 465 SBA loans worth $552.2M between October 2021 and June 2026, ranking #93 of 2,283 SBA lenders nationally by loan count. Its median loan was $600,000, and 8% went to startups or businesses under two years old. It lent in 25 states, most often in New York, and its most financed industry was retail.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| New York | 260 | $296.3M | $390,500 | #17 |
| New Jersey | 88 | $116.4M | $690,000 | #25 |
| Florida | 38 | $46.1M | $650,000 | #77 |
| Pennsylvania | 14 | $22.1M | $922,000 | #75 |
| California | 9 | $15.9M | $1,500,000 | #176 |
| Texas | 9 | $13.5M | $1,255,800 | #214 |
| Georgia | 7 | $6.7M | $500,000 | #135 |
| Utah | 6 | $4.4M | $254,000 | #58 |
| Illinois | 4 | $2.6M | $625,000 | #153 |
| Nevada | 4 | $5.5M | $687,500 | #71 |
| Missouri | 4 | $3.4M | $375,000 | #145 |
| Ohio | 3 | $2.8M | $675,000 | #156 |
| North Carolina | 3 | $3.7M | $1,240,000 | #144 |
| Delaware | 2 | $1.1M | $525,000 | #53 |
| Washington | 2 | $600K | $300,000 | #145 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Retail | 116 | $700,000 | |
| Professional and technical services | 67 | $350,000 | |
| Wholesale trade | 65 | $700,000 | |
| Health care and social assistance | 43 | $1,025,000 | |
| Construction | 31 | $350,000 | |
| Administrative and support services | 23 | $350,000 | |
| Other services (repair, personal care) | 20 | $1,200,000 | |
| Manufacturing | 20 | $824,000 | |
| Transportation and warehousing | 19 | $1,000,000 | |
| Real estate and rental | 15 | $350,000 |