Newtek Bank, National Association
206 recorded SBA 7(a) acquisition approvals. Explore the industries, locations and loan sizes in its reported portfolio.
- Acquisitions financed
- 206
- Total approved
- $101.3M
- Median loan
- $250K
- Middle half of loans
- $125K to $544K
- Median starting rate
- 10.50%
- Median term
- 10 yrs
How to interpret this profile and build a shortlist →
Portfolio read
Where the approvals cluster
The SBA file shows approvals across 89 industries and 32 states and territories. The largest industry by count was Full-Service Restaurants (24 of 206 approvals). Florida had the highest count among recorded project locations (29).
The median approved loan was $250K versus $707K across the index for FY2024–FY2026. Differences can reflect which industries, markets and deal sizes the lender serves.
Read the five-lender comparison ↗Industries by approval count
| # | Industry | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | Full-Service Restaurants | 24 | 12% | $300K | $8.4M |
| 2 | Limited-Service Restaurants | 17 | 8% | $275K | $6.0M |
| 3 | Snack and Nonalcoholic Beverage Bars | 13 | 6% | $275K | $4.1M |
| 4 | Pet Care (except Veterinary) Services | 7 | 3% | $175K | $1.2M |
| 5 | General Automotive Repair | 7 | 3% | $150K | $1.2M |
| 6 | Other Services to Buildings and Dwellings | 6 | 3% | $368K | $2.1M |
| 7 | Offices of All Other Miscellaneous Health Practitioners | 5 | 2% | $1.9M | $7.4M |
| 8 | Drycleaning and Laundry Services (except Coin-Operated) | 5 | 2% | $375K | $1.9M |
| 9 | Other Personal Care Services | 5 | 2% | $125K | $1.6M |
| 10 | Home Health Care Services | 5 | 2% | $200K | $1.1M |
| 11 | Beer, Wine, and Liquor Retailers | 4 | 2% | $188K | $1.8M |
| 12 | Packing and Crating | 4 | 2% | $362K | $1.4M |
| 13 | Janitorial Services | 4 | 2% | $225K | $1.1M |
| 14 | Fitness and Recreational Sports Centers | 4 | 2% | $175K | $675K |
| 15 | All Other Miscellaneous Retailers | 3 | 1% | $175K | $4.3M |
Project locations
| # | State | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | Florida | 29 | 14% | $200K | $14.0M |
| 2 | Texas | 25 | 12% | $300K | $11.5M |
| 3 | California | 24 | 12% | $255K | $7.9M |
| 4 | Michigan | 13 | 6% | $200K | $7.8M |
| 5 | New York | 11 | 5% | $525K | $12.0M |
| 6 | Colorado | 11 | 5% | $400K | $5.4M |
| 7 | New Jersey | 10 | 5% | $180K | $2.5M |
| 8 | Illinois | 10 | 5% | $188K | $2.1M |
| 9 | Massachusetts | 9 | 4% | $200K | $5.3M |
| 10 | Arizona | 9 | 4% | $250K | $2.9M |
| 11 | Georgia | 8 | 4% | $262K | $2.2M |
| 12 | Maryland | 7 | 3% | $325K | $2.1M |
| 13 | Louisiana | 4 | 2% | $1.9M | $7.2M |
| 14 | North Carolina | 4 | 2% | $350K | $3.8M |
| 15 | Virginia | 4 | 2% | $225K | $1.2M |