Ranking · Oct 2023 to Sep 2026
Largest SBA 504 First-Lien Lenders
Bank of America, National Association leads this list at 670. The measure is SBA 504 projects where the lender held the first lien, 36 months ending September 30, 2026, net of cancelled.
- Metric
- SBA 504 projects where the lender held the first lien, 36 months ending September 30, 2026, net of cancelled
- Period
- Oct 2023 to Sep 2026
- Data as of
- September 30, 2026
- Page last changed
- November 12, 2026
- Lenders on record
- 1,756
- SBA FOIA,
- Largest on this list
- 670
- SBA FOIA,
- Median lender
- 3
- SBA FOIA,
- Share of the five largest
- 14.9%
- SBA FOIA,
Cite this
Source: The Lender Report, Largest SBA 504 First-Lien Lenders, https://lender.report/rankings/sba-504-lenders-by-projects/, data as of September 30, 2026.
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| Lender | Kind | Based in | First liens | First-lien dollars | Typical first lien |
|---|---|---|---|---|---|
| 1. Bank of America, National Association | Bank | Charlotte, NC | 670 | $1.10B | $1.05M |
| 2. First-Citizens Bank & Trust Company | Bank | Raleigh, NC | 639 | $1.06B | $1.09M |
| 3. Harvest Commercial Capital, LLC | Non-bank | Not reported | 553 | $722M | $919K |
| 4. JPMorgan Chase Bank, National Association | Bank | Columbus, OH | 519 | $665M | $918K |
| 5. Wells Fargo Bank, National Association | Bank | Sioux Falls, SD | 231 | $497M | $1.53M |
| 6. Bank Five Nine | Bank | Oconomowoc, WI | 206 | $584M | $2.30M |
| 7. Glacier Bank | Bank | Kalispell, MT | 195 | $246M | $745K |
| 8. Manufacturers and Traders Trust Company | Bank | Buffalo, NY | 186 | $151M | $553K |
| 9. Celtic Bank | Bank | Salt Lake City, UT | 177 | $922M | $4.40M |
| 10. Zions Bancorporation, N.A. | Bank | Salt Lake City, UT | 171 | $216M | $791K |
| 11. America First Credit Union | Credit union | Riverdale, UT | 165 | $272M | $1.09M |
| 12. CalPrivate Bank | Bank | La Jolla, CA | 165 | $221M | $910K |
| 13. U.S. Bank National Association | Bank | Cincinnati, OH | 149 | $299M | $1.30M |
| 14. Regions Bank | Bank | Birmingham, AL | 130 | $251M | $1.37M |
| 15. First Bank of the Lake | Bank | Osage Beach, MO | 126 | $385M | $2.08M |
| 16. KeyBank National Association | Bank | Cleveland, OH | 122 | $168M | $878K |
| 17. Rockland Trust Company | Bank | Rockland, MA | 120 | $99.7M | $561K |
| 18. Velocity Commercial Capital LLC | Non-bank | Westlake Village, CA | 117 | $162M | $750K |
| 19. Citizens Business Bank, National Association | Bank | Ontario, CA | 117 | $156M | $1.02M |
| 20. TD Bank, National Association | Bank | Wilmington, DE | 114 | $267M | $2.00M |
| 21. Mountain America Credit Union | Credit union | Sandy, UT | 114 | $200M | $1.02M |
| 22. City National Bank | Bank | Los Angeles, CA | 111 | $235M | $1.61M |
| 23. EverBank, National Association | Bank | Jacksonville, FL | 110 | $282M | $1.40M |
| 24. Truist Bank | Bank | Charlotte, NC | 110 | $173M | $994K |
| 25. First Fidelity Bank | Bank | Oklahoma City, OK | 110 | $118M | $803K |
| 26. Live Oak Banking Company | Bank | Wilmington, NC | 106 | $427M | $3.38M |
| 27. The Huntington National Bank | Bank | Columbus, OH | 95 | $173M | $1.11M |
| 28. TowneBank | Bank | Portsmouth, VA | 85 | $107M | $1.14M |
| 29. Newtek Bank, National Association | Bank | Miami, FL | 83 | $278M | $2.10M |
| 30. Columbia Bank | Bank | Roseburg, OR | 82 | $107M | $791K |
| 31. PNC Bank, National Association | Bank | Wilmington, DE | 79 | $110M | $763K |
| 32. Tri Counties Bank | Bank | Chico, CA | 78 | $99.4M | $638K |
| 33. Redwood Credit Union | Credit union | Santa Rosa, CA | 74 | $68.3M | $705K |
| 34. Eastern Bank | Bank | Boston, MA | 74 | $65.0M | $606K |
| 35. Cache Valley Bank | Bank | Logan, UT | 73 | $82.8M | $700K |
| 36. East West Bank | Bank | Pasadena, CA | 70 | $198M | $1.85M |
| 37. Oriental Bank | Bank | San Juan, PR | 69 | $47.4M | $332K |
| 38. Poppy Bank | Bank | Santa Rosa, CA | 67 | $215M | $1.49M |
| 39. Old National Bank | Bank | Evansville, IN | 64 | $143M | $1.44M |
| 40. Western Alliance Bank | Bank | Phoenix, AZ | 62 | $107M | $1.28M |
| 41. Valley National Bank | Bank | Passaic, NJ | 62 | $96.0M | $983K |
| 42. The Bancorp Bank, National Association | Bank | Sioux Falls, SD | 60 | $108M | $1.19M |
| 43. SouthState Bank, National Association | Bank | Winter Haven, FL | 56 | $117M | $1.21M |
| 44. United Community Bank | Bank | Greenville, SC | 54 | $103M | $1.47M |
| 45. NBH Bank | Bank | Greenwood Village, CO | 52 | $84.5M | $906K |
| 46. First Interstate Bank | Bank | Billings, MT | 52 | $56.3M | $732K |
| 47. Servbank, National Association | Bank | Oswego, IL | 51 | $69.2M | $849K |
| 48. ServisFirst Bank | Bank | Birmingham, AL | 50 | $128M | $1.69M |
| 49. Renasant Bank | Bank | Tupelo, MS | 50 | $114M | $1.14M |
| 50. Bank of Utah | Bank | Ogden, UT | 50 | $85.8M | $1.35M |
- 1,756 lenders report a positive figure on this measure for Oct 2023 to Sep 2026. SBA FOIA,
- Bank of America, National Association has the largest figure, at 670. SBA FOIA,
- The five largest account for 14.9% of the total, and the ten largest for 20.2%. SBA FOIA,
- The median lender on this measure reports 3. SBA FOIA,
- SBA 504 projects where the lender held the first lien, 36 months ending September 30, 2026, net of cancelled. SBA FOIA,
How this list is defined
- Measure
- SBA 504 projects where the lender held the first lien, 36 months ending September 30, 2026, net of cancelled
- Period
- Oct 2023 to Sep 2026
- Formula
- Count of SBA 504 projects with an approval date in the window, not cancelled, that name the lender as the first-lien lender.
- Order
- Largest first by the measure, then by the second figure where the list has one, then by name. Payment is not part of the order.
- As of
- September 30, 2026
- Source
- SBA FOIA
- Changelog
- : First published, with the data built on this date.
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What we don't know
- Whether any lender on this list is taking new loans today.
- Loans made by lenders outside the file this list reads, and loans the file does not cover.
- Anything about a lender that the file does not carry. A lender can appear in the wrong place if its filing is wrong.
SBA 504 approvals. Most projects marked not funded are recent and awaiting funding.
A ranking is a plain sort of one published measure for one period. It is not a rating of any lender, and a lender can appear in the wrong place if a filing is wrong.
SBA does not require you to use an agent or broker for a loan application. SBA has not reviewed or endorsed this site.
Source and date appear beside each figure. Banks report balances, not loans made. Loans made come only from HMDA and SBA files. We do not audit filings and can make errors joining them. Report a problem
Figures come from public records and show the source and date beside them. Public records can be late, incomplete or wrong. A past loan does not mean a lender will make the same kind of loan today. Confirm anything important with the lender.