SBA by industry · NAICS 621, excluding dental
SBA lenders for medical practices
811 lenders made at least one SBA loan to medical practices in the 36 months ending September 30, 2026. The Huntington National Bank made the most, with 1,199 of the 11,600 on record.
- Evidence
- SBA 7(a) and 504 first-lien loans, 36 months ending September 30, 2026
- Data as of
- SBA, September 30, 2026
- Page last changed
- November 12, 2026
- Lenders on record
- 811
- SBA FOIA,
- SBA loans, 36 months
- 11,600
- SBA FOIA,
- 7(a) net of cancelled; 504 funded first liens
- Dollars, 36 months
- $5.11B
- SBA FOIA,
- Typical loan
- $180K
- SBA FOIA,
Cite this
Source: The Lender Report, SBA lenders for medical practices, https://lender.report/sba-lenders-for/medical-practices/, data as of September 30, 2026.
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| Lender | Kind | Based in | Loans | Dollars | Last 12 months |
|---|---|---|---|---|---|
| The Huntington National Bank | Bank | Columbus, OH | 1,199 | $371M | 205 |
| Newtek Bank, National Association | Bank | Miami, FL | 630 | $237M | 273 |
| Readycap Lending, LLC | Non-bank | Berkeley Heights, NJ | 467 | $93.8M | 74 |
| Live Oak Banking Company | Bank | Wilmington, NC | 450 | $417M | 231 |
| Northeast Bank | Bank | Portland, ME | 396 | $53.5M | 115 |
| Manufacturers and Traders Trust Company | Bank | Buffalo, NY | 392 | $49.5M | 145 |
| BayFirst National Bank | Bank | Saint Petersburg, FL | 335 | $47.5M | 1 |
| JPMorgan Chase Bank, National Association | Bank | Columbus, OH | 334 | $127M | 57 |
| TD Bank, National Association | Bank | Wilmington, DE | 315 | $39.4M | 65 |
| U.S. Bank National Association | Bank | Cincinnati, OH | 294 | $149M | 95 |
| Wells Fargo Bank, National Association | Bank | Sioux Falls, SD | 268 | $138M | 42 |
| Banco Popular de Puerto Rico | Bank | San Juan, PR | 226 | $31.9M | 60 |
| Celtic Bank | Bank | Salt Lake City, UT | 225 | $51.9M | 72 |
| Zions Bancorporation, N.A. | Bank | Salt Lake City, UT | 221 | $52.6M | 86 |
| Bank of America, National Association | Bank | Charlotte, NC | 177 | $111M | 39 |
| Lendistry SBLC, LLC | Non-bank | Los Angeles, CA | 150 | $30.3M | 40 |
| United Midwest Savings Bank, National Association | Bank | Degraff, OH | 145 | $61.4M | 49 |
| First Bank of the Lake | Bank | Osage Beach, MO | 110 | $51.7M | 26 |
| KeyBank National Association | Bank | Cleveland, OH | 85 | $25.6M | 22 |
| Fifth Third Bank, National Association | Bank | Cincinnati, OH | 82 | $70.4M | 28 |
| SmartBiz Bank, National Association | Bank | Northbrook, IL | 80 | $15.9M | 60 |
| First-Citizens Bank & Trust Company | Bank | Raleigh, NC | 76 | $97.2M | 20 |
| Columbia Bank | Bank | Roseburg, OR | 75 | $10.3M | 26 |
| CDC Small Business Finance Corp. | Non-bank | San Diego, CA | 74 | $11.6M | 15 |
| Oriental Bank | Bank | San Juan, PR | 72 | $9.87M | 23 |
Dollars are approval amounts, rounded to 2 significant figures per loan, net of cancelled approvals.
| State | Loans | Dollars |
|---|---|---|
| California | 1,353 | $863M |
| Florida | 1,110 | $556M |
| Texas | 1,008 | $547M |
| New York | 531 | $174M |
| Ohio | 434 | $132M |
| Illinois | 372 | $146M |
| Georgia | 358 | $180M |
| New Jersey | 355 | $117M |
| Michigan | 349 | $142M |
| Pennsylvania | 322 | $118M |
| Massachusetts | 317 | $96.2M |
| Arizona | 304 | $163M |
| Maryland | 292 | $79.7M |
| Washington | 291 | $113M |
| Colorado | 287 | $138M |
| Industry | Loans |
|---|---|
| Offices of Physicians (except Mental Health Specialists) | 2,118 |
| Home Health Care Services | 1,718 |
| Offices of All Other Miscellaneous Health Practitioners | 1,631 |
| Offices of Chiropractors | 1,508 |
| Offices of Mental Health Practitioners (except Physicians) | 1,498 |
| Offices of Physical, Occupational and Speech Therapists, and Audiologists | 1,208 |
| Offices of Physicians, Mental Health Specialists | 395 |
| Offices of Optometrists | 343 |
- SBA lenders recorded 11,600 loans to medical practices totaling $5.1B in the 36 months ending September 30, 2026, excluding cancelled approvals. SBA FOIA,
- The five most active lenders made 27.1% of those loans. SBA FOIA,
- Banks and savings institutions made 9,447 of them, credit unions 341, and non-banks 1,018. SBA FOIA,
- 128 lenders recorded 10 or more of these loans. SBA FOIA,
- 29 of these loans were made by lenders that have since merged or closed, or that the file lists under a name with no lender record here. They are counted in the totals here and appear in no lender's row. SBA FOIA,
- The SBA file shows 3,574 approvals of these loans dated in the 12 months to September 30, 2026, versus 4,495 in the prior 12 months. Both counts leave out cancelled approvals and include 504 approvals not yet funded. SBA FOIA,
- The typical SBA loans to medical practice in this group was about $180K, with the middle half between $68K and $450K. SBA FOIA,
- Lenders reported a median rate of 10.25% on 10,301 loans in this group, with the middle half between 9.25% and 11.25%. SBA FOIA,
- The median term in this group was 10 years. SBA FOIA,
- California (1,353), Florida (1,110), Texas (1,008) recorded the most of these loans. SBA FOIA,
- The most common detailed industry was Offices of Physicians (except Mental Health Specialists) (2,118 loans). SBA FOIA,
How this list is defined
- Measure
- SBA loans made to medical practices
- Period
- October 2023 to September 2026
- Formula
- Count, by lender, of SBA 7(a) approvals and SBA 504 first liens, dated in the 36 months ending September 30, 2026 and not cancelled, whose NAICS code in the SBA file falls in NAICS 621, excluding dental.
- Order
- Largest first by loans in the 36 months, then dollars, then 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.
Is your institution on this list? Show your rank. It carries the date and links back to this page.
Every loan counted here carried one of these NAICS codes in the SBA file. Loans are approvals, net of cancelled approvals. Lenders that merged or stopped filing are left out.
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.