Lenders › JPMorgan Chase Bank, National Association
7(a) lenderColumbus, OhioFDIC-insured bank11th of 2,184 by approvals
JPMorgan Chase Bank, 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.
JPMorgan Chase Bank, National Association (Columbus, Ohio) is an FDIC-insured bank in the SBA 7(a) program, 11th of 2,184 by approvals in FY2021 to FY2025: 7,055 loans worth $1.84bn.
In FY2025, the latest complete fiscal year, it had 1,914 approvals totalling $591M, down 25% on FY2024 (2,553). FY2026 to 30 Jun 2026 adds 700 more.
The median approval was $200K, against $190K for the 7(a) program as a whole; 45.2% of its approvals were for $150,000 or less (program: 47.8%).
Its loans went to businesses in 49 states and territories and 565 counties, led by California (21.0%), New York (17.2%) and Texas (11.4%). The largest industry group was construction at 23.9% of approvals, and 1.3% of approvals were to franchise businesses.
Of 33,294 disbursed loans approved in FY2010 to FY2021, SBA records 2,463 as charged off (7.4%), 29,174 as paid in full and 1,657 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* | 700 | $190M | $200K | $272K | 6,434 |
| FY2025 | 1,914 | $591M | $212K | $309K | 16,866 |
| FY2024 | 2,553 | $626M | $160K | $245K | 22,200 |
| FY2023 | 1,545 | $334M | $170K | $216K | 12,198 |
| FY2022 | 700 | $175M | $200K | $249K | 5,241 |
| FY2021 | 343 | $113M | $220K | $329K | 2,711 |
| FY2020 | 941 | $219M | $115K | $233K | 8,067 |
| FY2019 | 1,890 | $472M | $120K | $250K | 17,008 |
| FY2018 | 2,604 | $605M | $100K | $232K | 24,002 |
| FY2017 | 3,298 | $740M | $100K | $224K | 29,985 |
| FY2016 | 3,330 | $790M | $100K | $237K | 29,462 |
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 12,063 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 | California | 7(a) program |
|---|---|---|---|
| Approvals in these years | 36,670 | 79,249 | 639,905 |
| Cancelled or never disbursed | 3,376 | 10,102 | 79,313 |
| Disbursed loans | 33,294 | 69,147 | 560,592 |
| Paid in full | 29,174 | 52,688 | 435,813 |
| Charged off | 2,463 | 4,430 | 36,891 |
| Still outstanding (status exempt from disclosure) | 1,657 | 12,029 | 87,888 |
| Charged off, share of disbursed loans | 7.4% | 6.4% | 6.6% |
| Dollars charged off, share of disbursed dollars | 3.1% | 1.5% | 2.5% |
| Dollars charged off | $188M | $565M | $5.70bn |
By approval year
| Approved in | Disbursed | Paid in full | Charged off | Charged off, share | 7(a) program, same year |
|---|---|---|---|---|---|
| FY2021 | 312 | 171 | 8 | 2.6% | 2.8% |
| FY2020 | 878 | 559 | 55 | 6.3% | 4.0% |
| FY2019 | 1,748 | 1,268 | 120 | 6.9% | 6.7% |
| FY2018 | 2,374 | 1,921 | 199 | 8.4% | 7.9% |
| FY2017 | 2,999 | 2,546 | 264 | 8.8% | 7.7% |
| FY2016 | 3,114 | 2,691 | 231 | 7.4% | 7.2% |
| FY2015 | 3,707 | 3,287 | 300 | 8.1% | 6.9% |
| FY2014 | 3,510 | 3,203 | 236 | 6.7% | 6.4% |
| FY2013 | 3,373 | 3,124 | 226 | 6.7% | 6.0% |
| FY2012 | 4,001 | 3,670 | 308 | 7.7% | 6.3% |
| FY2011 | 4,358 | 4,016 | 320 | 7.3% | 6.9% |
| FY2010 | 2,920 | 2,718 | 196 | 6.7% | 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 | $200K | $190K |
| Average approval | $261K | $518K |
| Approvals of $150,000 or less | 45.2% | 47.8% |
| Approvals to startups and businesses 2 years old or less | 8.3% | 34.3% |
| Approvals to franchise businesses | 1.3% | 11.5% |
| Jobs supported per approval, as reported | 8.4 | 10.5 |
| Charged off, loans approved FY2010–FY2021 | 7.4% | 6.6% |
States served
| # | State of the business (49 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | California | 1,480 | $439M | 21.0% | |
| 2 | New York | 1,213 | $279M | 17.2% | |
| 3 | Texas | 807 | $239M | 11.4% | |
| 4 | Florida | 794 | $165M | 11.3% | |
| 5 | Illinois | 411 | $99.4M | 5.8% | |
| 6 | New Jersey | 335 | $79.5M | 4.7% | |
| 7 | Arizona | 243 | $75.0M | 3.4% | |
| 8 | Colorado | 230 | $76.3M | 3.3% | |
| 9 | Michigan | 181 | $62.3M | 2.6% | |
| 10 | Georgia | 169 | $42.1M | 2.4% | |
| 11 | Washington | 150 | $43.1M | 2.1% | |
| 12 | Ohio | 150 | $34.1M | 2.1% |
In California the lender accounts for 4.3% of all 7(a) approvals in FY2021–FY2025.
Counties served
| # | County of the business (565 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Los Angeles County, CA | 547 | $156M | 7.8% | |
| 2 | Cook County, IL | 243 | $64.7M | 3.4% | |
| 3 | Kings County, NY | 240 | $53.1M | 3.4% | |
| 4 | New York County, NY | 237 | $61.3M | 3.4% | |
| 5 | Miami-Dade County, FL | 234 | $47.5M | 3.3% | |
| 6 | Harris County, TX | 200 | $55.0M | 2.8% | |
| 7 | Maricopa County, AZ | 186 | $57.5M | 2.6% | |
| 8 | Queens County, NY | 183 | $38.0M | 2.6% | |
| 9 | Orange County, CA | 180 | $63.6M | 2.6% | |
| 10 | San Diego County, CA | 150 | $35.6M | 2.1% | |
| 11 | Suffolk County, NY | 133 | $34.6M | 1.9% | |
| 12 | Nassau County, NY | 121 | $32.5M | 1.7% |
Industry mix
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Construction | 1,687 | 23.9% | |
| 2 | Professional, Scientific, and Technical Services | 1,114 | 15.8% | |
| 3 | Retail Trade | 652 | 9.2% | |
| 4 | Health Care and Social Assistance | 569 | 8.1% | |
| 5 | Wholesale Trade | 545 | 7.7% | |
| 6 | Transportation and Warehousing | 431 | 6.1% | |
| 7 | Administrative and Support and Waste Management and Remediation Services | 389 | 5.5% | |
| 8 | Other Services (except Public Administration) | 384 | 5.4% |
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Building Equipment ContractorsNAICS 2382 | 405 | 5.7% | |
| 2 | Residential Building ConstructionNAICS 2361 | 384 | 5.4% | |
| 3 | Management, Scientific, and Technical Consulting ServicesNAICS 5416 | 299 | 4.2% | |
| 4 | Restaurants and Other Eating PlacesNAICS 7225 | 264 | 3.7% | |
| 5 | General Freight TruckingNAICS 4841 | 233 | 3.3% | |
| 6 | Building Finishing ContractorsNAICS 2383 | 230 | 3.3% | |
| 7 | Foundation, Structure, and Building Exterior ContractorsNAICS 2381 | 219 | 3.1% | |
| 8 | Nonresidential Building ConstructionNAICS 2362 | 215 | 3.0% | |
| 9 | Offices of Other Health PractitionersNAICS 6213 | 204 | 2.9% | |
| 10 | Computer Systems Design and Related ServicesNAICS 5415 | 201 | 2.8% |
Approval sizes
- $50,000 or less16.6%1,170
- $50,001 to $150,00028.6%2,016
- $150,001 to $350,00035.5%2,505
- $350,001 to $1 million16.7%1,181
- $1 million to $2 million1.8%124
- Over $2 million0.8%59
Loan terms
- 5 years or less0.7%49
- Over 5 to 10 years92.6%6,532
- Over 10 to 20 years2.4%167
- Over 20 years4.4%307
Age of the businesses
- Existing, more than 2 years old91.5%6,457
- New business, 2 years or less7.4%523
- Startup, loan funds will open the business0.9%64
- Change of ownership0.1%10
- Not answered0.0%1
SBA processing method
| # | Method | Approvals | Share | |
|---|---|---|---|---|
| 1 | SBA Express Program | 6,363 | 90.2% | |
| 2 | Preferred Lenders Program | 690 | 9.8% | |
| 3 | 7a General | 2 | 0.0% |
Franchise share
90 of 7,055 approvals in FY2021–FY2025 (1.3%) carried an SBA franchise code; across the 7(a) program the share is 11.5%.
| # | Franchise brand | Approvals | Share | |
|---|---|---|---|---|
| 1 | The UPS Store | 7 | 0.1% | |
| 2 | Jet's Pizza | 4 | 0.1% | |
| 3 | Servpro | 3 | 0.0% | |
| 4 | Right at Home | 3 | 0.0% | |
| 5 | Transworld Business Advisors | 2 | 0.0% | |
| 6 | Club Pilates | 2 | 0.0% | |
| 7 | Crumbl | 2 | 0.0% | |
| 8 | Anytime Fitness | 2 | 0.0% |
Questions and answers
How many SBA loans does JPMorgan Chase Bank, National Association make?
SBA approved 1,914 7(a) loans through JPMorgan Chase Bank, National Association in FY2025, worth $591M, and 7,055 over FY2021 to FY2025. That ranks 11th of 2,184 active 7(a) lenders by number of approvals.
How large are JPMorgan Chase Bank, National Association's typical SBA loans?
The median 7(a) approval in FY2021 to FY2025 was $200K and the average $261K. The program-wide median was $190K.
What is JPMorgan Chase Bank, National Association's charge-off rate?
Of 33,294 disbursed loans approved in FY2010 to FY2021, SBA records 2,463 as charged off (7.4%), 29,174 as paid in full and 1,657 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 JPMorgan Chase Bank, National Association lend to most?
By number of approvals in FY2021 to FY2025: building equipment contractors (405); residential building construction (384); management, scientific, and technical consulting services (299); restaurants and other eating places (264).
Where does JPMorgan Chase Bank, National Association make SBA loans?
In 49 states and territories. California 1,480, New York 1,213, Texas 807, Florida 794, Illinois 411. In California it accounts for 4.3% of all 7(a) approvals.
Is JPMorgan Chase Bank, National Association's SBA lending rising?
Approvals in the three latest complete fiscal years total 6,012, against 1,984 in the three before: rising (+203%).
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