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

$23.3M

0.3% of U.S. Q2 2026 volume

Loans in Q2 2026

63

Avg $370K

Average loan

$370K

GrossApproval / loan count

Jobs supported

476

SBA reported, Q2 2026

Monthly approvals in Q2 2026 · Rhode Island

April–June 2026 only.

Top SBA 7(a) lenders in Q2 2026

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

#LenderTypeLoansApprovedAvg loan
1Happen BankCommunity bank2$3.5M$1.8M
2Fifth Third BankBig bank1$3.5M$3.5M
3Shoreham BankCommunity bank2$2.8M$1.4M
4VelocitySBA, LLCFintech / nonbank1$2.4M$2.4M
5Live Oak Banking CompanyCommunity bank2$2.1M$1.0M
6BankNewportCommunity bank26$2.0M$76K
7Climate First BankCommunity bank2$1.1M$551K
8American Momentum BankCommunity bank2$1.1M$535K
9Harvest Small Business Finance, LLCFintech / nonbank1$812K$812K
10Newtek Bank, National AssociationFintech / nonbank3$600K$200K
11CenTrust Bank, A Division of SmartBiz Bank National AssociationFintech / nonbank2$525K$263K
12Citizens Bank, National AssociationCommunity bank2$520K$260K
13Stearns Bank National AssociationCommunity bank1$435K$435K
14Northeast BankCommunity bank2$355K$178K
15Lendistry SBLC, LLCFintech / nonbank1$261K$261K
16Liberty BankCommunity bank1$250K$250K
17Rockland Trust CompanyCommunity bank1$227K$227K
18First Bank of the LakeCommunity bank1$212K$212K
19TD Bank, National AssociationBig bank4$154K$39K
20Readycap Lending, LLCFintech / nonbank1$130K$130K
21Baycoast BankCommunity bank1$90K$90K
22Manufacturers and Traders Trust CompanyCommunity bank1$86K$86K
23Eastern BankCommunity bank2$71K$36K
24Celtic Bank CorporationCommunity bank1$57K$57K

Lender type mix in Q2 2026

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

  • Community bank$14.9M · 63.8%
  • Fintech / nonbank$4.8M · 20.4%
  • Big bank$3.7M · 15.8%

Franchise brands in Q2 2026

In Rhode Island. SBA franchise fields are sparse; small-volume brands are omitted.

#BrandLoansApproved
1Once Upon A Child3$575K

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“Rhode Island SBA 7(a) approvals totaled $23.3M 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.