PromiseOne Bank approved 213 SBA loans worth $220.0M between October 2021 and June 2026, ranking #195 of 2,283 SBA lenders nationally by loan count. Its median loan was $600,000, and 41% went to startups or businesses under two years old. It lent in 19 states, most often in Georgia, and its most financed industry was restaurants and hotels.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| Georgia | 81 | $96.1M | $550,000 | #28 |
| Pennsylvania | 25 | $13.5M | $390,000 | #56 |
| Texas | 25 | $24.7M | $670,000 | #135 |
| New York | 14 | $12.3M | $525,000 | #92 |
| Florida | 10 | $19.6M | $1,430,000 | #145 |
| Maryland | 8 | $7.1M | $902,500 | #67 |
| Virginia | 8 | $2.4M | $150,000 | #84 |
| South Carolina | 7 | $8.5M | $640,000 | #62 |
| North Carolina | 7 | $9.1M | $900,000 | #91 |
| Alabama | 5 | $6.0M | $1,000,000 | #66 |
| New Jersey | 4 | $1.9M | $500,000 | #119 |
| Tennessee | 4 | $4.7M | $1,020,000 | #101 |
| Colorado | 3 | $2.6M | $920,000 | #152 |
| Ohio | 3 | $3.9M | $223,000 | #148 |
| Michigan | 2 | $3.9M | $1,932,500 | #190 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Restaurants and hotels | 83 | $840,000 | |
| Retail | 62 | $775,000 | |
| Other services (repair, personal care) | 19 | $435,000 | |
| Health care and social assistance | 14 | $300,000 | |
| Wholesale trade | 10 | $400,000 | |
| Agriculture, forestry and fishing | 5 | $1,061,500 | |
| Arts, entertainment and recreation | 5 | $300,000 | |
| Transportation and warehousing | 4 | $668,000 | |
| Manufacturing | 3 | $350,000 | |
| Administrative and support services | 3 | $460,000 |