Lenders › Capital One National Association
7(a) lenderMcLean, VirginiaFDIC-insured bank144th of 2,184 by approvals
Capital One National Association
SBA 7(a) loan approvals by fiscal year, where they went, how large they were, and how loans from earlier years turned out.
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.
In FY2021 to FY2025 SBA approved 261 7(a) loans, worth $250M, through Capital One National Association of McLean, Virginia, an FDIC-insured bank in the SBA 7(a) program. By number of approvals that is 144th among 2,184 active 7(a) lenders.
In FY2025, the latest complete fiscal year, it had 63 approvals totalling $61.9M, down 15% on FY2024 (74). FY2026 to 30 Jun 2026 adds 43 more.
The median approval was $500K, against $190K for the 7(a) program as a whole; 5.4% of its approvals were for $150,000 or less (program: 47.8%).
Its loans went to businesses in 15 states and territories and 81 counties, led by Texas (25.7%), Florida (19.9%) and New York (10.7%). The largest industry group was professional, scientific, and technical services at 14.2% of approvals, and 15.7% of approvals were to franchise businesses.
Of 1,075 disbursed loans approved in FY2010 to FY2021, SBA records 68 as charged off (6.3%), 735 as paid in full and 272 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is close to it.
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. Loans appear under the lender they are assigned to today, so a lender's figures include loans it took over. Data through 30 Jun 2026.
Approvals by fiscal year
| Fiscal year | Approvals | Dollars approved | Median approval | Average approval | Jobs supported, as reported |
|---|---|---|---|---|---|
| FY2026* | 43 | $49.6M | $736K | $1.2M | 1,659 |
| FY2025 | 63 | $61.9M | $638K | $982K | 1,842 |
| FY2024 | 74 | $76.1M | $500K | $1.0M | 1,337 |
| FY2023 | 75 | $68.1M | $500K | $908K | 1,238 |
| FY2022 | 26 | $21.7M | $492K | $836K | 325 |
| FY2021 | 23 | $21.9M | $565K | $953K | 269 |
| FY2020 | 52 | $68.2M | $844K | $1.3M | 900 |
| FY2019 | 109 | $111M | $543K | $1.0M | 1,551 |
| FY2018 | 135 | $81.4M | $350K | $603K | 1,915 |
| FY2017 | 130 | $71.8M | $320K | $552K | 1,657 |
| FY2016 | 158 | $70.4M | $255K | $446K | 2,448 |
Approvals are counted in the year SBA approved them and include approvals later cancelled. In the five fiscal years before the current window (FY2016–FY2020) the lender had 584 approvals. First approval on file: FY2010.
How earlier loans turned out
Only loans approved at least five fiscal years ago (FY2010–FY2021) are counted, because newer loans have had little time to be paid in full or charged off. "Charged off" is SBA's status for a loan on which it has written off the remaining balance.
| Loans approved FY2010–FY2021 | This lender | Texas | 7(a) program |
|---|---|---|---|
| Approvals in these years | 1,214 | 48,931 | 639,905 |
| Cancelled or never disbursed | 139 | 5,758 | 79,313 |
| Disbursed loans | 1,075 | 43,173 | 560,592 |
| Paid in full | 735 | 31,848 | 435,813 |
| Charged off | 68 | 3,650 | 36,891 |
| Still outstanding (status exempt from disclosure) | 272 | 7,675 | 87,888 |
| Charged off, share of disbursed loans | 6.3% | 8.5% | 6.6% |
| Dollars charged off, share of disbursed dollars | 2.9% | 2.9% | 2.5% |
| Dollars charged off | $15.8M | $682M | $5.70bn |
By approval year
| Approved in | Disbursed | Paid in full | Charged off | Charged off, share | 7(a) program, same year |
|---|---|---|---|---|---|
| FY2021 | 20 | 1 | 0 | — | 2.8% |
| FY2020 | 41 | 18 | 0 | 0.0% | 4.0% |
| FY2019 | 92 | 36 | 3 | 3.3% | 6.7% |
| FY2018 | 131 | 82 | 4 | 3.1% | 7.9% |
| FY2017 | 118 | 69 | 7 | 5.9% | 7.7% |
| FY2016 | 140 | 116 | 6 | 4.3% | 7.2% |
| FY2015 | 204 | 159 | 13 | 6.4% | 6.9% |
| FY2014 | 140 | 96 | 12 | 8.6% | 6.4% |
| FY2013 | 104 | 84 | 13 | 12.5% | 6.0% |
| FY2012 | 50 | 42 | 7 | 14.0% | 6.3% |
| FY2011 | 25 | 22 | 3 | — | 6.9% |
| FY2010 | 10 | 10 | 0 | — | 9.2% |
A share is shown only where at least 30 loans from that year were disbursed.
Against the 7(a) program
| FY2021–FY2025 | This lender | 7(a) program |
|---|---|---|
| Median approval | $500K | $190K |
| Average approval | $957K | $518K |
| Approvals of $150,000 or less | 5.4% | 47.8% |
| Approvals to startups and businesses 2 years old or less | 31.8% | 34.3% |
| Approvals to franchise businesses | 15.7% | 11.5% |
| Jobs supported per approval, as reported | 19.2 | 10.5 |
| Charged off, loans approved FY2010–FY2021 | 6.3% | 6.6% |
States served
| # | State of the business (15 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Texas | 67 | $73.0M | 25.7% | |
| 2 | Florida | 52 | $48.4M | 19.9% | |
| 3 | New York | 28 | $28.8M | 10.7% | |
| 4 | California | 19 | $8.8M | 7.3% | |
| 5 | Arizona | 17 | $19.6M | 6.5% | |
| 6 | Virginia | 15 | $7.0M | 5.7% | |
| 7 | Maryland | 13 | $10.3M | 5.0% | |
| 8 | Illinois | 10 | $10.4M | 3.8% | |
| 9 | Georgia | 9 | $10.0M | 3.4% | |
| 10 | Louisiana | 8 | $10.4M | 3.1% | |
| 11 | New Jersey | 6 | $6.7M | 2.3% | |
| 12 | Colorado | 6 | $3.4M | 2.3% |
In Texas the lender accounts for 0.3% of all 7(a) approvals in FY2021–FY2025.
Counties served
| # | County of the business (81 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Harris County, TX | 20 | $19.5M | 7.7% | |
| 2 | Maricopa County, AZ | 16 | $17.2M | 6.1% | |
| 3 | Miami-Dade County, FL | 14 | $14.5M | 5.4% | |
| 4 | Broward County, FL | 13 | $9.2M | 5.0% | |
| 5 | Palm Beach County, FL | 10 | $12.3M | 3.8% | |
| 6 | Dallas County, TX | 10 | $7.8M | 3.8% | |
| 7 | Fort Bend County, TX | 10 | $5.9M | 3.8% | |
| 8 | Collin County, TX | 8 | $11.2M | 3.1% | |
| 9 | Suffolk County, NY | 7 | $9.4M | 2.7% | |
| 10 | Los Angeles County, CA | 7 | $2.8M | 2.7% | |
| 11 | Cook County, IL | 6 | $7.6M | 2.3% | |
| 12 | Orange County, CA | 6 | $3.7M | 2.3% |
Industry mix
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Professional, Scientific, and Technical Services | 37 | 14.2% | |
| 2 | Accommodation and Food Services | 32 | 12.3% | |
| 3 | Construction | 31 | 11.9% | |
| 4 | Health Care and Social Assistance | 29 | 11.1% | |
| 5 | Wholesale Trade | 26 | 10.0% | |
| 6 | Manufacturing | 23 | 8.8% | |
| 7 | Other Services (except Public Administration) | 21 | 8.0% | |
| 8 | Administrative and Support and Waste Management and Remediation Services | 20 | 7.7% |
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 30 | 11.5% | |
| 2 | Offices of PhysiciansNAICS 6211 | 12 | 4.6% | |
| 3 | Computer Systems Design and Related ServicesNAICS 5415 | 10 | 3.8% | |
| 4 | Automotive Repair and MaintenanceNAICS 8111 | 10 | 3.8% | |
| 5 | Services to Buildings and DwellingsNAICS 5617 | 10 | 3.8% | |
| 6 | Building Equipment ContractorsNAICS 2382 | 10 | 3.8% | |
| 7 | Offices of Other Health PractitionersNAICS 6213 | 8 | 3.1% | |
| 8 | Residential Building ConstructionNAICS 2361 | 7 | 2.7% | |
| 9 | Foundation, Structure, and Building Exterior ContractorsNAICS 2381 | 6 | 2.3% | |
| 10 | Accounting, Tax Preparation, Bookkeeping, and Payroll ServicesNAICS 5412 | 6 | 2.3% |
Approval sizes
- $50,001 to $150,0005.4%14
- $150,001 to $350,00022.6%59
- $350,001 to $1 million42.1%110
- $1 million to $2 million16.5%43
- Over $2 million13.4%35
Loan terms
- Over 5 to 10 years75.9%198
- Over 10 to 20 years2.3%6
- Over 20 years21.8%57
Age of the businesses
- Existing, more than 2 years old67.4%176
- New business, 2 years or less13.8%36
- Startup, loan funds will open the business18.0%47
- Change of ownership0.8%2
SBA processing method
| # | Method | Approvals | Share | |
|---|---|---|---|---|
| 1 | Preferred Lenders Program | 150 | 57.5% | |
| 2 | SBA Express Program | 106 | 40.6% | |
| 3 | 7a General | 4 | 1.5% | |
| 4 | Export Express | 1 | 0.4% |
Franchise share
41 of 261 approvals in FY2021–FY2025 (15.7%) carried an SBA franchise code; across the 7(a) program the share is 11.5%.
| # | Franchise brand | Approvals | Share | |
|---|---|---|---|---|
| 1 | Bahama Buck's Original Shaved Ice Company | 8 | 3.1% | |
| 2 | The Goddard School | 4 | 1.5% | |
| 3 | Hand and Stone Massage and Facial Spa | 4 | 1.5% | |
| 4 | The UPS Store | 4 | 1.5% | |
| 5 | Paul Davis Restoration | 2 | 0.8% | |
| 6 | Servpro | 2 | 0.8% | |
| 7 | Mountain Mike's Pizza | 2 | 0.8% | |
| 8 | D-Bat | 2 | 0.8% |
Questions and answers
How many SBA loans does Capital One National Association make?
SBA approved 63 7(a) loans through Capital One National Association in FY2025, worth $61.9M, and 261 over FY2021 to FY2025. That ranks 144th of 2,184 active 7(a) lenders by number of approvals.
How large are Capital One National Association's typical SBA loans?
The median 7(a) approval in FY2021 to FY2025 was $500K and the average $957K. The program-wide median was $190K.
What is Capital One National Association's charge-off rate?
Of 1,075 disbursed loans approved in FY2010 to FY2021, SBA records 68 as charged off (6.3%), 735 as paid in full and 272 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is close to it. Loans are listed under the lender that holds them today, so the figure includes loans taken over from other lenders. Status is as recorded by SBA on 30 Jun 2026.
Which industries does Capital One National Association lend to most?
By number of approvals in FY2021 to FY2025: restaurants and other eating places (30); offices of physicians (12); computer systems design and related services (10); automotive repair and maintenance (10).
Where does Capital One National Association make SBA loans?
In 15 states and territories. Texas 67, Florida 52, New York 28, California 19, Arizona 17. In Texas it accounts for 0.3% of all 7(a) approvals.
Is Capital One National Association's SBA lending rising?
Approvals in the three latest complete fiscal years total 212, against 101 in the three before: rising (+110%).
Where does this data come from?
From the Small Business Administration's 7(a) and 504 FOIA loan files, as of 30 Jun 2026. Borrower names and addresses in those files are discarded when the files are read and appear nowhere on this site.
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. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error