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First FDIC-insured bank to operate completely online, offering better rates and lower fees with 3% cash back on gas and 1% on all purchases. Expanding services in small business, commercial real estate, and government-guaranteed lending.
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SBA 7(a) Acquisition Loan Data As Of March 31, 2026
Last 12 Months
Last 3 Years
YoY Growth
expanding
As Of March 31, 2026
Median
$1.6M
Average
$1.9M
Sweet Spot
$500K-$1M
Industries with highest loan volume
Full-Service Restaurants
26
loans
$1.7M
avg. amount
Full-Service Restaurants
Loans
26
Avg. Amount
$1.7M
Beer, Wine, and Liquor Retailers
16
loans
$642K
avg. amount
Beer, Wine, and Liquor Retailers
Loans
16
Avg. Amount
$642K
Plumbing, Heating, and Air-Conditioning Contractors
15
loans
$1.7M
avg. amount
Plumbing, Heating, and Air-Conditioning Contractors
Loans
15
Avg. Amount
$1.7M
All Other Specialty Trade Contractors
15
loans
$2.0M
avg. amount
All Other Specialty Trade Contractors
Loans
15
Avg. Amount
$2.0M
Landscaping Services
10
loans
$1.6M
avg. amount
Landscaping Services
Loans
10
Avg. Amount
$1.6M
Limited-Service Restaurants
9
loans
$1.4M
avg. amount
Limited-Service Restaurants
Loans
9
Avg. Amount
$1.4M
Advertising Agencies
8
loans
$1.9M
avg. amount
Advertising Agencies
Loans
8
Avg. Amount
$1.9M
Roofing Contractors
8
loans
$1.5M
avg. amount
Roofing Contractors
Loans
8
Avg. Amount
$1.5M
Glass and Glazing Contractors
7
loans
$1.4M
avg. amount
Glass and Glazing Contractors
Loans
7
Avg. Amount
$1.4M
Commercial Printing (except Screen and Books)
7
loans
$1.7M
avg. amount
Commercial Printing (except Screen and Books)
Loans
7
Avg. Amount
$1.7M
10-Year Default Rate
1.7%
Percentile Ranking
88th
88th percentile
This Lender
Market Average
| Loan Size | Avg Rate |
|---|---|
| $0-$500K | Prime + 2.68% |
| $500K-$1M | Prime + 2.63% |
| $1M-$2M | Prime + 2.62% |
| $2M-$3M | Prime + 2.69% |
| $3M-$4M | Prime + 2.54% |
| $4M-$5M | Prime + 2.65% |
Spread over Prime at time of loan origination
As Of March 31, 2026 - States by loan volume (darker blue = higher volume)
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