County7th of 16 in Nevada by approvalsFIPS 32023
SBA loans in Nye County, Nevada
7(a) and 504 approvals to businesses located in the county, set against the number of businesses there and against the state.
SBA approvals by fiscal year. The federal fiscal year runs 1 October to 30 September, so FY2025 is 1 October 2024 to 30 September 2025. *FY2026 is open: approvals to 30 Jun 2026 only.
Businesses in Nye County, Nevada, received 44 SBA loan approvals worth $24.2M in FY2021 to FY2025 (35 7(a), 9 504).
That is 51.0 approvals per 1,000 business establishments (862 establishments in 2023), close to the Nevada figure of 48.8 and above the national 41.0.
It ranks 7th of 16 Nevada counties with approvals. In FY2025 there were 17, up 70% on FY2024.
19 lenders had approvals here; the most active were Northeast Bank (7), Newtek Bank, National Association (5) and Nevada State Development Corporation (4). The most common industry was offices of other health practitioners.
Loan status is as recorded by SBA at the data date; charge-off rates are computed on loans approved at least five fiscal years ago. Jobs supported are self-reported estimates from the SBA loan application, which SBA does not review, audit or validate. Data through 30 Jun 2026.
Lenders most active in Nye County
By number of approvals to businesses in the county, FY2021–FY2025; 19 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Northeast BankLewiston, ME | 7 | $1.8M | 15.9% | |
| 2 | Newtek Bank, National AssociationMiami, FL | 5 | $1.5M | 11.4% | |
| 3 | Nevada State Development CorporationLas Vegas, NV · CDC | 4 | $6.6M | 9.1% | |
| 4 | Wells Fargo Bank National AssociationSioux Falls, SD | 4 | $70K | 9.1% | |
| 5 | Mortgage Capital Development CorporationOakland, CA · CDC | 3 | $1.4M | 6.8% | |
| 6 | Zions Bank, A Division ofSalt Lake City, UT | 3 | $901K | 6.8% | |
| 7 | America First Federal Credit UnionRiverdale, UT | 2 | — | 4.5% | |
| 8 | Mountain America FCUSandy, UT | 2 | — | 4.5% | |
| 9 | U.S. Bank, National AssociationCincinnati, OH | 2 | — | 4.5% | |
| 10 | United Community BankGreenville, SC | 2 | — | 4.5% | |
| 11 | BayFirst National BankSaint Petersburg, FL | 2 | — | 4.5% | |
| 12 | California Statewide Certified Development CorporationDavis, CA · CDC | 1 | — | 2.3% | |
| 13 | Newtek Small Business Finance, Inc.Lake Success, NY | 1 | — | 2.3% | |
| 14 | Royal Business BankLos Angeles, CA | 1 | — | 2.3% | |
| 15 | The Huntington National BankColumbus, OH | 1 | — | 2.3% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Offices of Other Health PractitionersNAICS 6213 | 7 | 15.9% | |
| 2 | Other Amusement and Recreation IndustriesNAICS 7139 | 4 | 9.1% | |
| 3 | Automotive Repair and MaintenanceNAICS 8111 | 4 | 9.1% | |
| 4 | Specialty Food StoresNAICS 4452 | 3 | 6.8% | |
| 5 | Other Professional, Scientific, and Technical ServicesNAICS 5419 | 3 | 6.8% | |
| 6 | Miscellaneous Durable Goods Merchant WholesalersNAICS 4239 | 2 | 4.5% | |
| 7 | Gasoline StationsNAICS 4471 | 2 | 4.5% | |
| 8 | Restaurants and Other Eating PlacesNAICS 7225 | 2 | 4.5% | |
| 9 | Architectural, Engineering, and Related ServicesNAICS 5413 | 2 | 4.5% | |
| 10 | Offices of Real Estate Agents and BrokersNAICS 5312 | 2 | 4.5% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Retail Trade | 9 | 20.5% | |
| 2 | Health Care and Social Assistance | 8 | 18.2% | |
| 3 | Professional, Scientific, and Technical Services | 7 | 15.9% | |
| 4 | Other Services (except Public Administration) | 6 | 13.6% | |
| 5 | Arts, Entertainment, and Recreation | 4 | 9.1% | |
| 6 | Wholesale Trade | 3 | 6.8% | |
| 7 | Accommodation and Food Services | 2 | 4.5% | |
| 8 | Real Estate and Rental and Leasing | 2 | 4.5% |
Approvals by fiscal year
| Fiscal year | 7(a) approvals | 7(a) dollars | Median 7(a) | 504 approvals | 504 dollars | All approvals | Jobs supported, as reported |
|---|---|---|---|---|---|---|---|
| FY2026* | 4 | $752K | $83K | 0 | — | 4 | 10 |
| FY2025 | 17 | $4.0M | $150K | 0 | — | 17 | 126 |
| FY2024 | 8 | $1.1M | $123K | 2 | — | 10 | 92 |
| FY2023 | 6 | $4.9M | $815K | 1 | — | 7 | 271 |
| FY2022 | 0 | — | — | 2 | — | 2 | 16 |
| FY2021 | 4 | $1.2M | $376K | 4 | $2.2M | 8 | 124 |
| FY2020 | 3 | $4.6M | $773K | 2 | — | 5 | 55 |
| FY2019 | 11 | $1.0M | $20K | 0 | — | 11 | 142 |
| FY2018 | 0 | — | — | 1 | — | 1 | 4 |
| FY2017 | 6 | $1.5M | $234K | 0 | — | 6 | 86 |
| FY2016 | 5 | $5.4M | $150K | 2 | — | 7 | 54 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 30 approvals.
Against Nevada and the country
| FY2021–FY2025 | Nye County | Nevada | United States |
|---|---|---|---|
| Approvals | 44 | 3,774 | 342,825 |
| Approvals per 1,000 establishments | 51.0 | 48.8 | 41.0 |
| Median 7(a) approval | $175K | $232K | $190K |
| Median 504 approval | $534K | $678K | $657K |
| Average approval | $551K | $620K | $573K |
| 504 share of approvals | 20.5% | 16.5% | 11.0% |
| Jobs supported per approval, as reported | 14.3 | 12.2 | 10.5 |
| Share of state approvals | 1.2% | 100.0% | — |
Approval sizes
- $50,000 or less20.5%9
- $50,001 to $150,00020.5%9
- $150,001 to $350,00015.9%7
- $350,001 to $1 million27.3%12
- $1 million to $2 million11.4%5
- Over $2 million4.5%2
Age of the businesses
- Existing, more than 2 years old56.8%25
- New business, 2 years or less31.8%14
- Startup, loan funds will open the business9.1%4
- Change of ownership2.3%1
Questions and answers
Which lenders make the most SBA loans in Nye County?
By approvals in FY2021 to FY2025: Northeast Bank (7), Newtek Bank, National Association (5), Nevada State Development Corporation (4), Wells Fargo Bank National Association (4), Mortgage Capital Development Corporation (3). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Nye County?
The median 7(a) approval was $175K and the median 504 approval $534K; the Nevada 7(a) median was $232K.
Which industries get the most SBA loans in Nye County?
Offices of Other Health Practitioners (7); Other Amusement and Recreation Industries (4); Automotive Repair and Maintenance (4); Specialty Food Stores (3); Other Professional, Scientific, and Technical Services (3).
Is SBA lending in Nye County rising?
Approvals in the three latest complete fiscal years total 34, against 15 in the three before: rising (+127%).
How does Nye County compare with the rest of Nevada?
51.0 approvals per 1,000 establishments against 48.8 statewide, and 44 of the state's 3,774 approvals.
About these figures
Figures are totals of the Small Business Administration's 7(a) and 504 FOIA loan files, data through 30 Jun 2026. SBA updates the files quarterly. Counts are loan approvals, including approvals later cancelled; the five-year window is FY2021–FY2025, the five latest complete fiscal years. Charge-off rates use only loans approved in FY2010–FY2021, at least five fiscal years ago, and count disbursed loans SBA records as charged off. Loans are listed under the lender they are assigned to today. Establishment counts are from the Census Bureau's County Business Patterns 2023, which leaves out most farms, government and businesses without employees. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error