Lenders › Patriot Bank, National Association
7(a) lenderStamford, ConnecticutFDIC-insured bank410th of 2,184 by approvals
Patriot 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.
Patriot Bank, National Association, based in Stamford, Connecticut, is an FDIC-insured bank in the SBA 7(a) program. SBA approved 70 of its 7(a) loans worth $75.1M in FY2021 to FY2025, which places it 410th of 2,184 active 7(a) lenders by number of approvals.
In FY2025, the latest complete fiscal year, it had 0 approvals totalling —.
The median approval was $576K, against $190K for the 7(a) program as a whole; 8.6% of its approvals were for $150,000 or less (program: 47.8%).
Its loans went to businesses in 23 states and territories and 49 counties, led by Florida (24.3%), Georgia (10.0%) and California (8.6%). The largest industry group was accommodation and food services at 18.6% of approvals, and 15.7% of approvals were to franchise businesses.
Of 75 disbursed loans approved in FY2010 to FY2021, SBA records 8 as charged off (10.7%), 33 as paid in full and 34 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is above 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* | 0 | — | — | — | 0 |
| FY2025 | 0 | — | — | — | 0 |
| FY2024 | 1 | — | — | — | 10 |
| FY2023 | 19 | $21.6M | $567K | $1.1M | 167 |
| FY2022 | 32 | $36.5M | $581K | $1.1M | 572 |
| FY2021 | 18 | $16.8M | $591K | $932K | 363 |
| FY2020 | 15 | $18.3M | $580K | $1.2M | 274 |
| FY2019 | 40 | $31.8M | $385K | $795K | 800 |
| FY2018 | 10 | $2.3M | $125K | $230K | 98 |
| FY2017 | 0 | — | — | — | 0 |
| FY2016 | 0 | — | — | — | 0 |
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 65 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 | Florida | 7(a) program |
|---|---|---|---|
| Approvals in these years | 86 | 31,863 | 639,905 |
| Cancelled or never disbursed | 11 | 3,596 | 79,313 |
| Disbursed loans | 75 | 28,267 | 560,592 |
| Paid in full | 33 | 20,064 | 435,813 |
| Charged off | 8 | 2,783 | 36,891 |
| Still outstanding (status exempt from disclosure) | 34 | 5,420 | 87,888 |
| Charged off, share of disbursed loans | 10.7% | 9.8% | 6.6% |
| Dollars charged off, share of disbursed dollars | 3.1% | 3.1% | 2.5% |
| Dollars charged off | $1.8M | $442M | $5.70bn |
By approval year
| Approved in | Disbursed | Paid in full | Charged off | Charged off, share | 7(a) program, same year |
|---|---|---|---|---|---|
| FY2021 | 16 | 7 | 2 | — | 2.8% |
| FY2020 | 10 | 2 | 0 | — | 4.0% |
| FY2019 | 36 | 17 | 3 | 8.3% | 6.7% |
| FY2018 | 10 | 5 | 3 | — | 7.9% |
| FY2017 | 0 | 0 | 0 | — | 7.7% |
| FY2016 | 0 | 0 | 0 | — | 7.2% |
| FY2015 | 1 | 0 | 0 | — | 6.9% |
| FY2014 | 0 | 0 | 0 | — | 6.4% |
| FY2013 | 0 | 0 | 0 | — | 6.0% |
| FY2012 | 0 | 0 | 0 | — | 6.3% |
| FY2011 | 1 | 1 | 0 | — | 6.9% |
| FY2010 | 1 | 1 | 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 | $576K | $190K |
| Average approval | $1.1M | $518K |
| Approvals of $150,000 or less | 8.6% | 47.8% |
| Approvals to startups and businesses 2 years old or less | 68.6% | 34.3% |
| Approvals to franchise businesses | 15.7% | 11.5% |
| Jobs supported per approval, as reported | 15.9 | 10.5 |
| Charged off, loans approved FY2010–FY2021 | 10.7% | 6.6% |
States served
| # | State of the business (23 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Florida | 17 | $13.2M | 24.3% | |
| 2 | Georgia | 7 | $5.5M | 10.0% | |
| 3 | California | 6 | $13.2M | 8.6% | |
| 4 | Colorado | 5 | $8.8M | 7.1% | |
| 5 | Texas | 5 | $3.8M | 7.1% | |
| 6 | Connecticut | 4 | $894K | 5.7% | |
| 7 | Pennsylvania | 2 | — | 2.9% | |
| 8 | Wisconsin | 2 | — | 2.9% | |
| 9 | Louisiana | 2 | — | 2.9% | |
| 10 | New Hampshire | 2 | — | 2.9% | |
| 11 | Missouri | 2 | — | 2.9% | |
| 12 | Ohio | 2 | — | 2.9% |
In Florida the lender accounts for 0.1% of all 7(a) approvals in FY2021–FY2025.
Counties served
| # | County of the business (49 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Hillsborough County, FL | 6 | $3.3M | 8.6% | |
| 2 | Fulton County, GA | 5 | $3.7M | 7.1% | |
| 3 | Denver County, CO | 3 | $4.1M | 4.3% | |
| 4 | Pinellas County, FL | 3 | $1.1M | 4.3% | |
| 5 | El Paso County, CO | 2 | — | 2.9% | |
| 6 | Riverside County, CA | 2 | — | 2.9% | |
| 7 | East Baton Rouge Parish, LA | 2 | — | 2.9% | |
| 8 | Grafton County, NH | 2 | — | 2.9% | |
| 9 | Jackson County, MO | 2 | — | 2.9% | |
| 10 | Charlotte County, FL | 2 | — | 2.9% | |
| 11 | Rankin County, MS | 2 | — | 2.9% | |
| 12 | South Central Connecticut Planning Region, CT | 2 | — | 2.9% |
Industry mix
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Accommodation and Food Services | 13 | 18.6% | |
| 2 | Other Services (except Public Administration) | 11 | 15.7% | |
| 3 | Health Care and Social Assistance | 10 | 14.3% | |
| 4 | Retail Trade | 10 | 14.3% | |
| 5 | Finance and Insurance | 8 | 11.4% | |
| 6 | Professional, Scientific, and Technical Services | 4 | 5.7% | |
| 7 | Transportation and Warehousing | 4 | 5.7% | |
| 8 | Manufacturing | 3 | 4.3% |
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Automotive Repair and MaintenanceNAICS 8111 | 11 | 15.7% | |
| 2 | Restaurants and Other Eating PlacesNAICS 7225 | 9 | 12.9% | |
| 3 | Agencies, Brokerages, and Other Insurance Related ActivitiesNAICS 5242 | 8 | 11.4% | |
| 4 | Continuing Care Retirement Communities and Assisted Living Facilities for the ElderlyNAICS 6233 | 5 | 7.1% | |
| 5 | Grocery StoresNAICS 4451 | 3 | 4.3% | |
| 6 | Beer, Wine, and Liquor StoresNAICS 4453 | 3 | 4.3% | |
| 7 | Drinking Places (Alcoholic Beverages)NAICS 7224 | 2 | 2.9% | |
| 8 | Management, Scientific, and Technical Consulting ServicesNAICS 5416 | 2 | 2.9% | |
| 9 | RV (Recreational Vehicle) Parks and Recreational CampsNAICS 7212 | 2 | 2.9% | |
| 10 | Offices of Other Health PractitionersNAICS 6213 | 2 | 2.9% |
Approval sizes
- $50,001 to $150,0008.6%6
- $150,001 to $350,00012.9%9
- $350,001 to $1 million48.6%34
- $1 million to $2 million14.3%10
- Over $2 million15.7%11
Loan terms
- 5 years or less4.3%3
- Over 5 to 10 years45.7%32
- Over 10 to 20 years8.6%6
- Over 20 years41.4%29
Age of the businesses
- Existing, more than 2 years old22.9%16
- New business, 2 years or less25.7%18
- Startup, loan funds will open the business42.9%30
- Change of ownership8.6%6
SBA processing method
| # | Method | Approvals | Share | |
|---|---|---|---|---|
| 1 | Preferred Lenders Program | 40 | 57.1% | |
| 2 | 7a General | 29 | 41.4% | |
| 3 | SBA Express Program | 1 | 1.4% |
Franchise share
11 of 70 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 | Huey Magoo's Chicken Tenders | 2 | 2.9% | |
| 2 | Roll On In | 2 | 2.9% | |
| 3 | The Brass Tap Craft Beer Bar | 1 | 1.4% | |
| 4 | Ace Hardware | 1 | 1.4% | |
| 5 | BurgerFi | 1 | 1.4% | |
| 6 | Glass Doctor | 1 | 1.4% | |
| 7 | Beef 'O' Brady's | 1 | 1.4% | |
| 8 | Crave Hot Dogs & BBQ | 1 | 1.4% |
Questions and answers
How many SBA loans does Patriot Bank, National Association make?
SBA approved 0 7(a) loans through Patriot Bank, National Association in FY2025, worth —, and 70 over FY2021 to FY2025. That ranks 410th of 2,184 active 7(a) lenders by number of approvals.
How large are Patriot Bank, National Association's typical SBA loans?
The median 7(a) approval in FY2021 to FY2025 was $576K and the average $1.1M. The program-wide median was $190K.
What is Patriot Bank, National Association's charge-off rate?
Of 75 disbursed loans approved in FY2010 to FY2021, SBA records 8 as charged off (10.7%), 33 as paid in full and 34 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is above 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 Patriot Bank, National Association lend to most?
By number of approvals in FY2021 to FY2025: automotive repair and maintenance (11); restaurants and other eating places (9); agencies, brokerages, and other insurance related activities (8); continuing care retirement communities and assisted living facilities for the elderly (5).
Where does Patriot Bank, National Association make SBA loans?
In 23 states and territories. Florida 17, Georgia 7, California 6, Colorado 5, Texas 5. In Florida it accounts for 0.1% of all 7(a) approvals.
Is Patriot Bank, National Association's SBA lending rising?
Approvals in the three latest complete fiscal years total 20, against 65 in the three before: falling (-69%).
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