Lenders › PNC Bank, National Association
7(a) lenderWilmington, DelawareFDIC-insured bank20th of 2,184 by approvals
PNC 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.
PNC Bank, National Association (Wilmington, Delaware) is an FDIC-insured bank in the SBA 7(a) program, 20th of 2,184 by approvals in FY2021 to FY2025: 2,641 loans worth $833M.
In FY2025, the latest complete fiscal year, it had 341 approvals totalling $99.9M, down 43% on FY2024 (597). FY2026 to 30 Jun 2026 adds 162 more.
The median approval was $50K, against $190K for the 7(a) program as a whole; 65.4% of its approvals were for $150,000 or less (program: 47.8%).
Its loans went to businesses in 33 states and territories and 470 counties, led by Texas (16.4%), Pennsylvania (11.5%) and New Jersey (10.5%). The largest industry group was construction at 20.6% of approvals, and 5.2% of approvals were to franchise businesses.
Of 14,672 disbursed loans approved in FY2010 to FY2021, SBA records 1,195 as charged off (8.1%), 12,239 as paid in full and 1,238 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* | 162 | $54.6M | $122K | $337K | 1,486 |
| FY2025 | 341 | $99.9M | $150K | $293K | 2,774 |
| FY2024 | 597 | $107M | $30K | $179K | 3,532 |
| FY2023 | 669 | $165M | $50K | $246K | 4,062 |
| FY2022 | 427 | $156M | $50K | $365K | 2,914 |
| FY2021 | 607 | $306M | $100K | $504K | 5,457 |
| FY2020 | 511 | $202M | $75K | $395K | 3,831 |
| FY2019 | 727 | $355M | $100K | $488K | 6,786 |
| FY2018 | 1,346 | $459M | $50K | $341K | 10,087 |
| FY2017 | 1,996 | $380M | $40K | $191K | 16,321 |
| FY2016 | 2,147 | $366M | $35K | $171K | 19,398 |
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 6,727 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 | 16,713 | 48,931 | 639,905 |
| Cancelled or never disbursed | 2,041 | 5,758 | 79,313 |
| Disbursed loans | 14,672 | 43,173 | 560,592 |
| Paid in full | 12,239 | 31,848 | 435,813 |
| Charged off | 1,195 | 3,650 | 36,891 |
| Still outstanding (status exempt from disclosure) | 1,238 | 7,675 | 87,888 |
| Charged off, share of disbursed loans | 8.1% | 8.5% | 6.6% |
| Dollars charged off, share of disbursed dollars | 1.7% | 2.9% | 2.5% |
| Dollars charged off | $62.9M | $682M | $5.70bn |
By approval year
| Approved in | Disbursed | Paid in full | Charged off | Charged off, share | 7(a) program, same year |
|---|---|---|---|---|---|
| FY2021 | 493 | 178 | 31 | 6.3% | 2.8% |
| FY2020 | 457 | 275 | 22 | 4.8% | 4.0% |
| FY2019 | 668 | 480 | 15 | 2.2% | 6.7% |
| FY2018 | 1,238 | 994 | 93 | 7.5% | 7.9% |
| FY2017 | 1,818 | 1,537 | 149 | 8.2% | 7.7% |
| FY2016 | 1,923 | 1,633 | 197 | 10.2% | 7.2% |
| FY2015 | 1,611 | 1,398 | 135 | 8.4% | 6.9% |
| FY2014 | 1,600 | 1,384 | 168 | 10.5% | 6.4% |
| FY2013 | 1,196 | 1,061 | 109 | 9.1% | 6.0% |
| FY2012 | 1,356 | 1,213 | 106 | 7.8% | 6.3% |
| FY2011 | 1,306 | 1,175 | 98 | 7.5% | 6.9% |
| FY2010 | 1,006 | 911 | 72 | 7.2% | 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 | $50K | $190K |
| Average approval | $316K | $518K |
| Approvals of $150,000 or less | 65.4% | 47.8% |
| Approvals to startups and businesses 2 years old or less | 33.2% | 34.3% |
| Approvals to franchise businesses | 5.2% | 11.5% |
| Jobs supported per approval, as reported | 7.1 | 10.5 |
| Charged off, loans approved FY2010–FY2021 | 8.1% | 6.6% |
States served
| # | State of the business (33 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Texas | 432 | $202M | 16.4% | |
| 2 | Pennsylvania | 304 | $86.5M | 11.5% | |
| 3 | New Jersey | 277 | $61.0M | 10.5% | |
| 4 | Ohio | 218 | $54.3M | 8.3% | |
| 5 | Florida | 212 | $77.0M | 8.0% | |
| 6 | Illinois | 154 | $46.8M | 5.8% | |
| 7 | Michigan | 118 | $28.2M | 4.5% | |
| 8 | North Carolina | 113 | $31.5M | 4.3% | |
| 9 | Maryland | 107 | $15.2M | 4.1% | |
| 10 | California | 97 | $49.9M | 3.7% | |
| 11 | Arizona | 83 | $36.6M | 3.1% | |
| 12 | Indiana | 72 | $13.1M | 2.7% |
In Texas the lender accounts for 1.9% of all 7(a) approvals in FY2021–FY2025.
Counties served
| # | County of the business (470 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Allegheny County, PA | 90 | $26.0M | 3.4% | |
| 2 | Cook County, IL | 87 | $27.5M | 3.3% | |
| 3 | Harris County, TX | 71 | $34.9M | 2.7% | |
| 4 | Maricopa County, AZ | 48 | $21.9M | 1.8% | |
| 5 | Tarrant County, TX | 46 | $20.9M | 1.7% | |
| 6 | Dallas County, TX | 45 | $12.6M | 1.7% | |
| 7 | Palm Beach County, FL | 35 | $16.0M | 1.3% | |
| 8 | Bergen County, NJ | 35 | $6.4M | 1.3% | |
| 9 | Hamilton County, OH | 34 | $12.4M | 1.3% | |
| 10 | Bexar County, TX | 31 | $24.7M | 1.2% | |
| 11 | Franklin County, OH | 28 | $9.3M | 1.1% | |
| 12 | Broward County, FL | 28 | $3.8M | 1.1% |
Industry mix
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Construction | 543 | 20.6% | |
| 2 | Professional, Scientific, and Technical Services | 298 | 11.3% | |
| 3 | Health Care and Social Assistance | 286 | 10.8% | |
| 4 | Accommodation and Food Services | 272 | 10.3% | |
| 5 | Other Services (except Public Administration) | 261 | 9.9% | |
| 6 | Retail Trade | 226 | 8.6% | |
| 7 | Transportation and Warehousing | 161 | 6.1% | |
| 8 | Manufacturing | 142 | 5.4% |
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 249 | 9.4% | |
| 2 | Residential Building ConstructionNAICS 2361 | 131 | 5.0% | |
| 3 | Building Equipment ContractorsNAICS 2382 | 125 | 4.7% | |
| 4 | Personal Care ServicesNAICS 8121 | 110 | 4.2% | |
| 5 | General Freight TruckingNAICS 4841 | 98 | 3.7% | |
| 6 | Offices of Other Health PractitionersNAICS 6213 | 97 | 3.7% | |
| 7 | Foundation, Structure, and Building Exterior ContractorsNAICS 2381 | 92 | 3.5% | |
| 8 | Automotive Repair and MaintenanceNAICS 8111 | 86 | 3.3% | |
| 9 | Building Finishing ContractorsNAICS 2383 | 79 | 3.0% | |
| 10 | Management, Scientific, and Technical Consulting ServicesNAICS 5416 | 72 | 2.7% |
Approval sizes
- $50,000 or less55.8%1,473
- $50,001 to $150,0009.7%255
- $150,001 to $350,00011.8%311
- $350,001 to $1 million15.4%407
- $1 million to $2 million3.8%100
- Over $2 million3.6%95
Loan terms
- 5 years or less3.8%100
- Over 5 to 10 years78.9%2,085
- Over 10 to 20 years3.6%94
- Over 20 years13.7%362
Age of the businesses
- Existing, more than 2 years old63.0%1,663
- New business, 2 years or less24.6%651
- Startup, loan funds will open the business8.6%226
- Change of ownership3.8%101
SBA processing method
| # | Method | Approvals | Share | |
|---|---|---|---|---|
| 1 | SBA Express Program | 1,958 | 74.1% | |
| 2 | Preferred Lenders Program | 674 | 25.5% | |
| 3 | 7a General | 8 | 0.3% | |
| 4 | International Trade Loans | 1 | 0.0% |
Franchise share
138 of 2,641 approvals in FY2021–FY2025 (5.2%) carried an SBA franchise code; across the 7(a) program the share is 11.5%.
| # | Franchise brand | Approvals | Share | |
|---|---|---|---|---|
| 1 | The UPS Store | 6 | 0.2% | |
| 2 | Nothing Bundt Cakes | 3 | 0.1% | |
| 3 | Cold Stone Creamery | 3 | 0.1% | |
| 4 | Playa Bowls | 3 | 0.1% | |
| 5 | Clean Eatz | 3 | 0.1% | |
| 6 | Fastsigns | 3 | 0.1% | |
| 7 | Culver's ButterBurgers & Frozen Custard | 2 | 0.1% | |
| 8 | Dogtopia | 2 | 0.1% |
Questions and answers
How many SBA loans does PNC Bank, National Association make?
SBA approved 341 7(a) loans through PNC Bank, National Association in FY2025, worth $99.9M, and 2,641 over FY2021 to FY2025. That ranks 20th of 2,184 active 7(a) lenders by number of approvals.
How large are PNC Bank, National Association's typical SBA loans?
The median 7(a) approval in FY2021 to FY2025 was $50K and the average $316K. The program-wide median was $190K.
What is PNC Bank, National Association's charge-off rate?
Of 14,672 disbursed loans approved in FY2010 to FY2021, SBA records 1,195 as charged off (8.1%), 12,239 as paid in full and 1,238 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 PNC Bank, National Association lend to most?
By number of approvals in FY2021 to FY2025: restaurants and other eating places (249); residential building construction (131); building equipment contractors (125); personal care services (110).
Where does PNC Bank, National Association make SBA loans?
In 33 states and territories. Texas 432, Pennsylvania 304, New Jersey 277, Ohio 218, Florida 212. In Texas it accounts for 1.9% of all 7(a) approvals.
Is PNC Bank, National Association's SBA lending rising?
Approvals in the three latest complete fiscal years total 1,607, against 1,545 in the three before: broadly level (+4%).
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