Lenders › Equity Bank
7(a) lenderAndover, KansasFDIC-insured bank186th of 2,184 by approvals
Equity Bank
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 208 7(a) loans, worth $110M, through Equity Bank of Andover, Kansas, an FDIC-insured bank in the SBA 7(a) program. By number of approvals that is 186th among 2,184 active 7(a) lenders.
In FY2025, the latest complete fiscal year, it had 23 approvals totalling $15.5M, down 23% on FY2024 (30). FY2026 to 30 Jun 2026 adds 18 more.
The median approval was $272K, against $190K for the 7(a) program as a whole; 35.6% of its approvals were for $150,000 or less (program: 47.8%).
Its loans went to businesses in 14 states and territories and 67 counties, led by Kansas (38.5%), Missouri (24.5%) and Oklahoma (11.5%). The largest industry group was accommodation and food services at 18.8% of approvals, and 15.4% of approvals were to franchise businesses.
Of 294 disbursed loans approved in FY2010 to FY2021, SBA records 5 as charged off (1.7%), 239 as paid in full and 50 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is below 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* | 18 | $6.8M | $206K | $377K | 117 |
| FY2025 | 23 | $15.5M | $384K | $675K | 594 |
| FY2024 | 30 | $11.5M | $250K | $384K | 440 |
| FY2023 | 49 | $21.9M | $214K | $447K | 512 |
| FY2022 | 61 | $36.1M | $300K | $592K | 1,094 |
| FY2021 | 45 | $25.3M | $300K | $563K | 608 |
| FY2020 | 15 | $11.5M | $275K | $770K | 419 |
| FY2019 | 15 | $10.9M | $230K | $725K | 206 |
| FY2018 | 21 | $11.2M | $300K | $534K | 227 |
| FY2017 | 28 | $25.8M | $339K | $921K | 275 |
| FY2016 | 19 | $14.1M | $188K | $742K | 194 |
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 98 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 | Kansas | 7(a) program |
|---|---|---|---|
| Approvals in these years | 326 | 5,222 | 639,905 |
| Cancelled or never disbursed | 32 | 516 | 79,313 |
| Disbursed loans | 294 | 4,706 | 560,592 |
| Paid in full | 239 | 3,700 | 435,813 |
| Charged off | 5 | 290 | 36,891 |
| Still outstanding (status exempt from disclosure) | 50 | 716 | 87,888 |
| Charged off, share of disbursed loans | 1.7% | 6.2% | 6.6% |
| Dollars charged off, share of disbursed dollars | 1.2% | 3.5% | 2.5% |
| Dollars charged off | $1.9M | $63.5M | $5.70bn |
By approval year
| Approved in | Disbursed | Paid in full | Charged off | Charged off, share | 7(a) program, same year |
|---|---|---|---|---|---|
| FY2021 | 40 | 23 | 0 | 0.0% | 2.8% |
| FY2020 | 14 | 6 | 0 | — | 4.0% |
| FY2019 | 14 | 9 | 0 | — | 6.7% |
| FY2018 | 21 | 13 | 0 | — | 7.9% |
| FY2017 | 28 | 24 | 0 | — | 7.7% |
| FY2016 | 17 | 15 | 0 | — | 7.2% |
| FY2015 | 16 | 13 | 0 | — | 6.9% |
| FY2014 | 16 | 14 | 1 | — | 6.4% |
| FY2013 | 21 | 19 | 1 | — | 6.0% |
| FY2012 | 23 | 23 | 0 | — | 6.3% |
| FY2011 | 57 | 53 | 3 | 5.3% | 6.9% |
| FY2010 | 27 | 27 | 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 | $272K | $190K |
| Average approval | $531K | $518K |
| Approvals of $150,000 or less | 35.6% | 47.8% |
| Approvals to startups and businesses 2 years old or less | 40.4% | 34.3% |
| Approvals to franchise businesses | 15.4% | 11.5% |
| Jobs supported per approval, as reported | 15.6 | 10.5 |
| Charged off, loans approved FY2010–FY2021 | 1.7% | 6.6% |
States served
| # | State of the business (14 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Kansas | 80 | $46.8M | 38.5% | |
| 2 | Missouri | 51 | $24.7M | 24.5% | |
| 3 | Oklahoma | 24 | $9.4M | 11.5% | |
| 4 | Nebraska | 18 | $5.2M | 8.7% | |
| 5 | Arkansas | 15 | $9.7M | 7.2% | |
| 6 | Texas | 10 | $8.4M | 4.8% | |
| 7 | Wisconsin | 2 | — | 1.0% | |
| 8 | Colorado | 2 | — | 1.0% | |
| 9 | South Carolina | 1 | — | 0.5% | |
| 10 | North Dakota | 1 | — | 0.5% | |
| 11 | North Carolina | 1 | — | 0.5% | |
| 12 | Illinois | 1 | — | 0.5% |
In Kansas the lender accounts for 3.6% of all 7(a) approvals in FY2021–FY2025.
Counties served
| # | County of the business (67 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Sedgwick County, KS | 23 | $16.0M | 11.1% | |
| 2 | Johnson County, KS | 17 | $9.1M | 8.2% | |
| 3 | Jackson County, MO | 17 | $8.5M | 8.2% | |
| 4 | Ellis County, KS | 12 | $4.1M | 5.8% | |
| 5 | Lancaster County, NE | 12 | $3.9M | 5.8% | |
| 6 | Kay County, OK | 10 | $3.6M | 4.8% | |
| 7 | Carroll County, AR | 9 | $2.2M | 4.3% | |
| 8 | Pettis County, MO | 6 | $2.5M | 2.9% | |
| 9 | Tulsa County, OK | 5 | $1.2M | 2.4% | |
| 10 | Sumner County, KS | 4 | $4.0M | 1.9% | |
| 11 | Crawford County, KS | 4 | $1.9M | 1.9% | |
| 12 | Cass County, MO | 4 | $1.4M | 1.9% |
Industry mix
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Accommodation and Food Services | 39 | 18.8% | |
| 2 | Retail Trade | 33 | 15.9% | |
| 3 | Manufacturing | 30 | 14.4% | |
| 4 | Construction | 28 | 13.5% | |
| 5 | Health Care and Social Assistance | 15 | 7.2% | |
| 6 | Wholesale Trade | 11 | 5.3% | |
| 7 | Administrative and Support and Waste Management and Remediation Services | 10 | 4.8% | |
| 8 | Other Services (except Public Administration) | 9 | 4.3% |
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 26 | 12.5% | |
| 2 | Other Specialty Trade ContractorsNAICS 2389 | 17 | 8.2% | |
| 3 | Traveler AccommodationNAICS 7211 | 7 | 3.4% | |
| 4 | Services to Buildings and DwellingsNAICS 5617 | 7 | 3.4% | |
| 5 | Offices of Other Health PractitionersNAICS 6213 | 6 | 2.9% | |
| 6 | Beverage ManufacturingNAICS 3121 | 6 | 2.9% | |
| 7 | Gasoline StationsNAICS 4571 | 5 | 2.4% | |
| 8 | Other Amusement and Recreation IndustriesNAICS 7139 | 5 | 2.4% | |
| 9 | Machine Shops; Turned Product; and Screw, Nut, and Bolt ManufacturingNAICS 3327 | 4 | 1.9% | |
| 10 | Other Miscellaneous Store RetailersNAICS 4539 | 4 | 1.9% |
Approval sizes
- $50,000 or less7.7%16
- $50,001 to $150,00027.9%58
- $150,001 to $350,00024.0%50
- $350,001 to $1 million26.0%54
- $1 million to $2 million10.6%22
- Over $2 million3.8%8
Loan terms
- 5 years or less13.9%29
- Over 5 to 10 years47.6%99
- Over 10 to 20 years28.4%59
- Over 20 years10.1%21
Age of the businesses
- Existing, more than 2 years old47.6%99
- New business, 2 years or less12.0%25
- Startup, loan funds will open the business28.4%59
- Change of ownership12.0%25
SBA processing method
| # | Method | Approvals | Share | |
|---|---|---|---|---|
| 1 | Preferred Lenders Program | 134 | 64.4% | |
| 2 | SBA Express Program | 60 | 28.8% | |
| 3 | 7a General | 12 | 5.8% | |
| 4 | 7(a) WCP | 1 | 0.5% | |
| 5 | Working Capital CAPLine | 1 | 0.5% |
Franchise share
32 of 208 approvals in FY2021–FY2025 (15.4%) carried an SBA franchise code; across the 7(a) program the share is 11.5%.
| # | Franchise brand | Approvals | Share | |
|---|---|---|---|---|
| 1 | Petland | 5 | 2.4% | |
| 2 | Freddy's Frozen Custard & Steakburgers | 5 | 2.4% | |
| 3 | Scooter's Coffee | 4 | 1.9% | |
| 4 | DRIPBaR | 3 | 1.4% | |
| 5 | America's Best Inns & Suites | 2 | 1.0% | |
| 6 | 100% Chiropractic | 2 | 1.0% | |
| 7 | True Value Company LLC | 1 | 0.5% | |
| 8 | World Fuel Services, Inc. Fuel Supply Agreement | 1 | 0.5% |
Questions and answers
How many SBA loans does Equity Bank make?
SBA approved 23 7(a) loans through Equity Bank in FY2025, worth $15.5M, and 208 over FY2021 to FY2025. That ranks 186th of 2,184 active 7(a) lenders by number of approvals.
How large are Equity Bank's typical SBA loans?
The median 7(a) approval in FY2021 to FY2025 was $272K and the average $531K. The program-wide median was $190K.
What is Equity Bank's charge-off rate?
Of 294 disbursed loans approved in FY2010 to FY2021, SBA records 5 as charged off (1.7%), 239 as paid in full and 50 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is below 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 Equity Bank lend to most?
By number of approvals in FY2021 to FY2025: restaurants and other eating places (26); other specialty trade contractors (17); traveler accommodation (7); services to buildings and dwellings (7).
Where does Equity Bank make SBA loans?
In 14 states and territories. Kansas 80, Missouri 51, Oklahoma 24, Nebraska 18, Arkansas 15. In Kansas it accounts for 3.6% of all 7(a) approvals.
Is Equity Bank's SBA lending rising?
Approvals in the three latest complete fiscal years total 102, against 121 in the three before: falling (-16%).
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