Lenders › GBank
7(a) lenderLas Vegas, NevadaFDIC-insured bank47th of 2,184 by approvals
GBank
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.
GBank (Las Vegas, Nevada) is an FDIC-insured bank in the SBA 7(a) program, 47th of 2,184 by approvals in FY2021 to FY2025: 707 loans worth $1.79bn.
In FY2025, the latest complete fiscal year, it had 205 approvals totalling $552M, up 15% on FY2024 (179). FY2026 to 30 Jun 2026 adds 109 more.
The median approval was $2.2M, against $190K for the 7(a) program as a whole; 0.3% of its approvals were for $150,000 or less (program: 47.8%).
Its loans went to businesses in 41 states and territories and 403 counties, led by North Carolina (14.1%), Ohio (7.8%) and Illinois (7.8%). The largest industry group was accommodation and food services at 71.1% of approvals, and 71.9% of approvals were to franchise businesses.
Of 414 disbursed loans approved in FY2010 to FY2021, SBA records 7 as charged off (1.7%), 263 as paid in full and 144 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* | 109 | $345M | $3.3M | $3.2M | 1,252 |
| FY2025 | 205 | $552M | $2.4M | $2.7M | 2,689 |
| FY2024 | 179 | $475M | $2.3M | $2.7M | 2,004 |
| FY2023 | 92 | $224M | $2.1M | $2.4M | 695 |
| FY2022 | 99 | $243M | $2.3M | $2.5M | 441 |
| FY2021 | 132 | $291M | $2.0M | $2.2M | 1,222 |
| FY2020 | 90 | $206M | $2.2M | $2.3M | 911 |
| FY2019 | 65 | $162M | $2.3M | $2.5M | 666 |
| FY2018 | 45 | $82.6M | $1.6M | $1.8M | 589 |
| FY2017 | 51 | $89.4M | $1.4M | $1.8M | 981 |
| FY2016 | 33 | $59.7M | $1.7M | $1.8M | 858 |
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 284 approvals. First approval on file: FY2015.
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 | North Carolina | 7(a) program |
|---|---|---|---|
| Approvals in these years | 428 | 12,808 | 639,905 |
| Cancelled or never disbursed | 14 | 1,480 | 79,313 |
| Disbursed loans | 414 | 11,328 | 560,592 |
| Paid in full | 263 | 8,649 | 435,813 |
| Charged off | 7 | 705 | 36,891 |
| Still outstanding (status exempt from disclosure) | 144 | 1,974 | 87,888 |
| Charged off, share of disbursed loans | 1.7% | 6.2% | 6.6% |
| Dollars charged off, share of disbursed dollars | 0.8% | 1.8% | 2.5% |
| Dollars charged off | $7.0M | $111M | $5.70bn |
By approval year
| Approved in | Disbursed | Paid in full | Charged off | Charged off, share | 7(a) program, same year |
|---|---|---|---|---|---|
| FY2021 | 125 | 61 | 1 | 0.8% | 2.8% |
| FY2020 | 84 | 55 | 0 | 0.0% | 4.0% |
| FY2019 | 65 | 43 | 1 | 1.5% | 6.7% |
| FY2018 | 45 | 32 | 1 | 2.2% | 7.9% |
| FY2017 | 51 | 36 | 2 | 3.9% | 7.7% |
| FY2016 | 33 | 25 | 2 | 6.1% | 7.2% |
| FY2015 | 11 | 11 | 0 | — | 6.9% |
| FY2014 | 0 | 0 | 0 | — | 6.4% |
| FY2013 | 0 | 0 | 0 | — | 6.0% |
| FY2012 | 0 | 0 | 0 | — | 6.3% |
| FY2011 | 0 | 0 | 0 | — | 6.9% |
| FY2010 | 0 | 0 | 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 | $2.2M | $190K |
| Average approval | $2.5M | $518K |
| Approvals of $150,000 or less | 0.3% | 47.8% |
| Approvals to startups and businesses 2 years old or less | 22.8% | 34.3% |
| Approvals to franchise businesses | 71.9% | 11.5% |
| Jobs supported per approval, as reported | 10.0 | 10.5 |
| Charged off, loans approved FY2010–FY2021 | 1.7% | 6.6% |
States served
| # | State of the business (41 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | North Carolina | 100 | $294M | 14.1% | |
| 2 | Ohio | 55 | $156M | 7.8% | |
| 3 | Illinois | 55 | $145M | 7.8% | |
| 4 | Virginia | 47 | $129M | 6.6% | |
| 5 | South Carolina | 46 | $131M | 6.5% | |
| 6 | Texas | 41 | $95.8M | 5.8% | |
| 7 | Georgia | 40 | $116M | 5.7% | |
| 8 | Indiana | 35 | $116M | 5.0% | |
| 9 | Florida | 33 | $65.3M | 4.7% | |
| 10 | California | 28 | $48.5M | 4.0% | |
| 11 | Michigan | 22 | $62.4M | 3.1% | |
| 12 | Nevada | 18 | $13.7M | 2.5% |
In North Carolina the lender accounts for 1.5% of all 7(a) approvals in FY2021–FY2025.
Counties served
| # | County of the business (403 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Clark County, NV | 17 | $8.7M | 2.4% | |
| 2 | Cook County, IL | 15 | $44.0M | 2.1% | |
| 3 | Mecklenburg County, NC | 11 | $44.7M | 1.6% | |
| 4 | Harris County, TX | 9 | $29.1M | 1.3% | |
| 5 | Durham County, NC | 7 | $30.8M | 1.0% | |
| 6 | Wake County, NC | 7 | $27.5M | 1.0% | |
| 7 | Fulton County, GA | 7 | $21.1M | 1.0% | |
| 8 | Marion County, IN | 6 | $26.1M | 0.8% | |
| 9 | Cumberland County, NC | 6 | $22.7M | 0.8% | |
| 10 | Forsyth County, NC | 6 | $17.4M | 0.8% | |
| 11 | Lake County, IL | 6 | $17.2M | 0.8% | |
| 12 | Guilford County, NC | 6 | $17.1M | 0.8% |
Industry mix
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Accommodation and Food Services | 503 | 71.1% | |
| 2 | Transportation and Warehousing | 54 | 7.6% | |
| 3 | Retail Trade | 49 | 6.9% | |
| 4 | Health Care and Social Assistance | 19 | 2.7% | |
| 5 | Other Services (except Public Administration) | 15 | 2.1% | |
| 6 | Professional, Scientific, and Technical Services | 15 | 2.1% | |
| 7 | Manufacturing | 11 | 1.6% | |
| 8 | Administrative and Support and Waste Management and Remediation Services | 9 | 1.3% |
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Traveler AccommodationNAICS 7211 | 491 | 69.4% | |
| 2 | General Freight TruckingNAICS 4841 | 29 | 4.1% | |
| 3 | Couriers and Express Delivery ServicesNAICS 4921 | 16 | 2.3% | |
| 4 | Gasoline StationsNAICS 4471 | 12 | 1.7% | |
| 5 | Restaurants and Other Eating PlacesNAICS 7225 | 10 | 1.4% | |
| 6 | Grocery StoresNAICS 4451 | 9 | 1.3% | |
| 7 | Gasoline StationsNAICS 4571 | 8 | 1.1% | |
| 8 | Local Messengers and Local DeliveryNAICS 4922 | 8 | 1.1% | |
| 9 | Beer, Wine, and Liquor StoresNAICS 4453 | 6 | 0.8% | |
| 10 | Lessors of Real EstateNAICS 5311 | 5 | 0.7% |
Approval sizes
- $50,000 or less0.1%1
- $50,001 to $150,0000.1%1
- $150,001 to $350,0002.7%19
- $350,001 to $1 million15.8%112
- $1 million to $2 million27.2%192
- Over $2 million54.0%382
Loan terms
- 5 years or less0.1%1
- Over 5 to 10 years18.2%129
- Over 10 to 20 years2.8%20
- Over 20 years78.8%557
Age of the businesses
- Existing, more than 2 years old13.6%96
- New business, 2 years or less20.8%147
- Startup, loan funds will open the business2.0%14
- Change of ownership63.6%450
SBA processing method
| # | Method | Approvals | Share | |
|---|---|---|---|---|
| 1 | Preferred Lenders Program | 688 | 97.3% | |
| 2 | 7a General | 15 | 2.1% | |
| 3 | International Trade Loans | 4 | 0.6% |
Franchise share
508 of 707 approvals in FY2021–FY2025 (71.9%) carried an SBA franchise code; across the 7(a) program the share is 11.5%.
| # | Franchise brand | Approvals | Share | |
|---|---|---|---|---|
| 1 | Quality Inn | 68 | 9.6% | |
| 2 | Super 8 by Wyndhan | 43 | 6.1% | |
| 3 | Days Inn | 34 | 4.8% | |
| 4 | Comfort Inn | 26 | 3.7% | |
| 5 | Red Roof Inn | 23 | 3.3% | |
| 6 | Sleep Inn | 20 | 2.8% | |
| 7 | Baymont by Wyndham | 18 | 2.5% | |
| 8 | La Quinta by Wyndham | 17 | 2.4% |
Questions and answers
How many SBA loans does GBank make?
SBA approved 205 7(a) loans through GBank in FY2025, worth $552M, and 707 over FY2021 to FY2025. That ranks 47th of 2,184 active 7(a) lenders by number of approvals.
How large are GBank's typical SBA loans?
The median 7(a) approval in FY2021 to FY2025 was $2.2M and the average $2.5M. The program-wide median was $190K.
What is GBank's charge-off rate?
Of 414 disbursed loans approved in FY2010 to FY2021, SBA records 7 as charged off (1.7%), 263 as paid in full and 144 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 GBank lend to most?
By number of approvals in FY2021 to FY2025: traveler accommodation (491); general freight trucking (29); couriers and express delivery services (16); gasoline stations (12).
Where does GBank make SBA loans?
In 41 states and territories. North Carolina 100, Ohio 55, Illinois 55, Virginia 47, South Carolina 46. In North Carolina it accounts for 1.5% of all 7(a) approvals.
Is GBank's SBA lending rising?
Approvals in the three latest complete fiscal years total 476, against 321 in the three before: rising (+48%).
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