All rankings · Q2 2026 only · April–June 2026 · FOIA as of 2026-06-30

SBA 7(a) lender rankings in Q2 2026

Banks, credit unions, and nonbank lenders ranked by GrossApproval for April–June 2026.

$7.64B approved nationwide across 14,357 loans. Change the period to compare another quarter, half, year, or the entire window.

2020202120222023202420252026

Quarterly: Q2 2026 — April 1 – June 30, 2026.

Q2 2026 approved

$200M

2.6% of U.S. Q2 2026 volume

Loans in Q2 2026

372

Avg $537K

Average loan

$537K

GrossApproval / loan count

Jobs supported

3,467

SBA reported, Q2 2026

Monthly approvals in Q2 2026 · Michigan

April–June 2026 only.

Top SBA 7(a) lenders in Q2 2026

Ranked by GrossApproval in Michigan · April–June 2026 · Click a lender to filter this page

#LenderTypeLoansApprovedAvg loan
1Live Oak Banking CompanyCommunity bank17$27.4M$1.6M
2The Huntington National BankBig bank78$18.0M$231K
3Newtek Bank, National AssociationFintech / nonbank42$12.4M$296K
4Lake Michigan CUCredit union8$10.6M$1.3M
5Fifth Third BankBig bank16$8.3M$521K
6Independent BankCommunity bank13$8.2M$634K
7Bank MichiganCommunity bank4$7.3M$1.8M
8Chelsea State BankCommunity bank6$7.3M$1.2M
9Bank of HopeCommunity bank1$5.0M$5.0M
10First Bank of Central OhioCommunity bank1$5.0M$5.0M
11First State Bank of MichiganCommunity bank1$5.0M$5.0M
12First Utah BankCommunity bank1$5.0M$5.0M
13Northeast BankCommunity bank22$4.8M$216K
14Pathward National AssociationCommunity bank2$4.4M$2.2M
15ChoiceOne BankCommunity bank8$4.4M$552K
16Community Choice CUCredit union5$4.1M$811K
17Citizens BankCommunity bank1$3.5M$3.5M
18Alliance Catholic CUCredit union1$3.3M$3.3M
19Old National BankCommunity bank4$3.1M$776K
20Horizon BankCommunity bank7$3.0M$422K
21Oxford BankCommunity bank8$2.6M$331K
22Byline BankCommunity bank3$2.3M$762K
23United Midwest Savings Bank National AssociationCommunity bank6$2.2M$367K
24Hanover Community BankCommunity bank1$2.1M$2.1M
25United FCUCredit union3$2.1M$685K

Lender type mix in Q2 2026

FDIC-insured banks vs NCUA credit unions vs nonbank/fintech names. Q2 2026 only.

  • Community bank$126M · 63.1%
  • Big bank$30.4M · 15.2%
  • Credit union$27.5M · 13.7%
  • Fintech / nonbank$16.0M · 8.0%

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“Michigan SBA 7(a) approvals totaled $200M in Q2 2026 — Resource SBA 7(a) Lending.”

Methodology & data source

This page includes calendar Q2 2026 only. Loan-level SBA 7(a) FOIA approvals are filtered by ApprovalDate; loans from every other quarter in the extract are ignored. Dollar volume is GrossApproval. Lender identity is grouped by FDIC certificate or NCUA charter when present, otherwise by a normalized lender name. Industry cuts use 2-digit NAICS sectors (31–33 manufacturing, 44–45 retail, and 48–49 transportation are collapsed). Geography uses ProjectState / ProjectCounty (where the funded project is located), not the lender headquarters. ZIP rankings use BorrZip (borrower mailing ZIP), which can differ from the project county. Rows without a positive GrossApproval or parseable ApprovalDate are excluded from all rollups. Missing NAICS codes are bucketed as Unclassified. This dataset contains approved loans only — it cannot support an approval-rate statistic. Individual borrower names and addresses are not published.

Period
Q2 2026
As of
June 30, 2026
Loans in Q2 2026
14,357
Coverage
April 1, 2026 – June 30, 2026

373,981 loans in the FOIA extract fell outside Q2 2026 and were ignored in this view.

Within Q2 2026, no rows were dropped for missing GrossApproval, lender identity, NAICS, or project state. Unclassified NAICS (if any) remain in totals and are labeled explicitly.

  • Only Q2 2026 approvals are published on this page. Other quarters in the FOIA CSV are dropped before ranking.
  • SBA updates the FOIA extract quarterly; drop the new CSV in src/app/documents/sba7aloandata/ and re-run npm run sba-lending:build.
  • Franchise names are sparse; brands with fewer than 10 loans in the quarter (3 in a state cut) are omitted from the franchise table.
  • County drill-downs cover the top project counties in a state. ZIP tables are top borrower ZIPs, not a full ZIP census.

Source: U.S. Small Business Administration FOIA 7(a) loan-level dataset · File FOIA_7a_FY2020_Present_asof_260630.csv. Last built September 11, 2026. Resource SBA 7(a) Lending in Q2 2026.