Pathward
National bank focused on expanding financial access through Banking-as-a-Service and commercial finance solutions. Operates segments in banking as service, commercial finance, and tax services for clients underserved by traditional financial systems.
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Data source: SBA 7(a) FOIA loan-level data, covering activity through June 30, 2026 across the trailing 3 years (124 loan records for this lender). Refreshed quarterly from public loan-level records; figures are not supplied or reviewed by the lender.
Pathward ranks #21 of 564 SBA 7(a) lenders nationally by acquisition-loan volume.
Most of Pathward’s 7(a) acquisition lending falls in the $1M-$2M range: 33 loans, 26.6% of the portfolio.
| Loan size | Share of loans | Loans | % of portfolio |
|---|---|---|---|
| $0-$500K | 5 | 4.0% | |
| $500K-$1M | 29 | 23.4% | |
| $1M-$2M | 33 | 26.6% | |
| $2M-$3M | 16 | 12.9% | |
| $3M-$4M | 20 | 16.1% | |
| $4M-$5M | 21 | 16.9% |
Industries with highest loan volume
Insurance Agencies and Brokerages
7
loans
$1.6M
avg. amount
Plumbing, Heating, and Air-Conditioning Contractors
5
loans
$1.7M
avg. amount
Fitness and Recreational Sports Centers
5
loans
$2.1M
avg. amount
Roofing Contractors
3
loans
$3.3M
avg. amount
Sporting Goods Retailers
3
loans
$3.1M
avg. amount
Home Health Care Services
3
loans
$996K
avg. amount
Tax Preparation Services
3
loans
$3.1M
avg. amount
General Freight Trucking, Local
2
loans
$2.2M
avg. amount
All Other Specialty Trade Contractors
2
loans
$2.1M
avg. amount
Other Miscellaneous Durable Goods Merchant Wholesalers
2
loans
$4.8M
avg. amount
10-Year
4.0%
Percentile Ranking
94th
94th percentile
Pathward’s median variable rate is + 2.50%, against a market median of Prime + 1.88%, 63 above market.
It priced below the market median in 0 of the last 8 quarters. 11 of the 124 loans in its trailing three-year book carried a fixed rate; the rest were variable.
| Loan Size | Avg Rate |
|---|---|
| $0-$500K | Prime + 2.60% |
| $500K-$1M | Prime + 2.44% |
| $1M-$2M | Prime + 2.43% |
| $2M-$3M | Prime + 2.43% |
| $3M-$4M | Prime + 2.46% |
| $4M-$5M | Prime + 2.30% |
over at time of loan origination
| Quarter | This lender | Market median | Market range | Loans |
|---|---|---|---|---|
| Q3 '24 | Prime + 2.25% | Prime + 2.00% | Prime + 1.25% – Prime + 2.50% | 15 |
| Q4 '24 | Prime + 2.75% | Prime + 2.25% | Prime + 1.50% – Prime + 2.75% | 7 |
| Q1 '25 | Prime + 2.50% | Prime + 2.00% | Prime + 1.25% – Prime + 2.50% | 13 |
| Q2 '25 | Prime + 2.25% | Prime + 2.00% | Prime + 1.25% – Prime + 2.50% | 10 |
| Q3 '25 | Prime + 2.25% | Prime + 2.00% | Prime + 1.25% – Prime + 2.50% | 8 |
| Q4 '25 | Prime + 2.50% | Prime + 2.25% | Prime + 1.67% – Prime + 2.75% | 8 |
| Q1 '26 | Prime + 2.75% | Prime + 2.00% | Prime + 1.50% – Prime + 2.50% | 13 |
| Q2 '26 | Prime + 2.50% | Prime + 2.00% | Prime + 1.25% – Prime + 2.50% | 12 |
Pathward has originated 7(a) acquisition loans in 33 states, most actively in Florida (15), Texas (14) and Illinois (10). Darker states on the map carry more volume.
| State | Loans | % of Total |
|---|---|---|
| Florida | 15 | 12.1% |
| Texas | 14 | 11.3% |
| Illinois | 10 | 8.1% |
| California | 10 | 8.1% |
| Ohio | 8 | 6.5% |
| New York | 8 | 6.5% |
| North Carolina | 6 | 4.8% |
| Georgia | 5 | 4.0% |
| South Carolina | 5 | 4.0% |
| Virginia | 4 | 3.2% |
| Missouri | 3 | 2.4% |
| Colorado | 3 | 2.4% |
| Nevada | 3 | 2.4% |
| Utah | 3 | 2.4% |
| New Jersey | 2 | 1.6% |
| Arizona | 2 | 1.6% |
| Connecticut | 2 | 1.6% |
| Pennsylvania | 2 | 1.6% |
| Washington | 2 | 1.6% |
| Tennessee | 2 | 1.6% |
| Oregon | 2 | 1.6% |
| Massachusetts | 2 | 1.6% |
| Nebraska | 1 | 0.8% |
| Maine | 1 | 0.8% |
| Alaska | 1 | 0.8% |
| Kentucky | 1 | 0.8% |
| Vermont | 1 | 0.8% |
| Montana | 1 | 0.8% |
| Michigan | 1 | 0.8% |
| Louisiana | 1 | 0.8% |
| Maryland | 1 | 0.8% |
| Wyoming | 1 | 0.8% |
| Minnesota | 1 | 0.8% |
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