Lenders › Quaint Oak Bank
7(a) lenderSouthampton, PennsylvaniaFDIC-insured bank269th of 2,184 by approvals
Quaint Oak 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.
Quaint Oak Bank, based in Southampton, Pennsylvania, is an FDIC-insured bank in the SBA 7(a) program. SBA approved 127 of its 7(a) loans worth $86.0M in FY2021 to FY2025, which places it 269th of 2,184 active 7(a) lenders by number of approvals.
In FY2025, the latest complete fiscal year, it had 33 approvals totalling $19.9M, up 43% on FY2024 (23). FY2026 to 30 Jun 2026 adds 28 more.
The median approval was $465K, against $190K for the 7(a) program as a whole; 13.4% of its approvals were for $150,000 or less (program: 47.8%).
Its loans went to businesses in 19 states and territories and 57 counties, led by Pennsylvania (43.3%), New Jersey (11.8%) and New York (7.9%). The largest industry group was accommodation and food services at 29.9% of approvals, and 37.0% of approvals were to franchise businesses.
Of 52 disbursed loans approved in FY2010 to FY2021, SBA records 2 as charged off (3.8%), 30 as paid in full and 20 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* | 28 | $31.2M | $702K | $1.1M | 769 |
| FY2025 | 33 | $19.9M | $500K | $604K | 489 |
| FY2024 | 23 | $17.4M | $495K | $755K | 413 |
| FY2023 | 27 | $20.3M | $442K | $752K | 730 |
| FY2022 | 25 | $19.2M | $400K | $769K | 426 |
| FY2021 | 19 | $9.2M | $280K | $484K | 189 |
| FY2020 | 10 | $2.9M | $213K | $286K | 195 |
| FY2019 | 12 | $5.4M | $373K | $447K | 68 |
| FY2018 | 5 | $1.6M | $325K | $330K | 49 |
| FY2017 | 5 | $882K | $196K | $176K | 11 |
| FY2016 | 3 | $1.9M | $635K | $632K | 14 |
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 35 approvals. First approval on file: FY2012.
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 | Pennsylvania | 7(a) program |
|---|---|---|---|
| Approvals in these years | 62 | 20,449 | 639,905 |
| Cancelled or never disbursed | 10 | 2,853 | 79,313 |
| Disbursed loans | 52 | 17,596 | 560,592 |
| Paid in full | 30 | 13,626 | 435,813 |
| Charged off | 2 | 1,040 | 36,891 |
| Still outstanding (status exempt from disclosure) | 20 | 2,930 | 87,888 |
| Charged off, share of disbursed loans | 3.8% | 5.9% | 6.6% |
| Dollars charged off, share of disbursed dollars | 4.7% | 2.6% | 2.5% |
| Dollars charged off | $1.0M | $171M | $5.70bn |
By approval year
| Approved in | Disbursed | Paid in full | Charged off | Charged off, share | 7(a) program, same year |
|---|---|---|---|---|---|
| FY2021 | 14 | 7 | 0 | — | 2.8% |
| FY2020 | 10 | 4 | 1 | — | 4.0% |
| FY2019 | 10 | 5 | 0 | — | 6.7% |
| FY2018 | 4 | 2 | 0 | — | 7.9% |
| FY2017 | 4 | 3 | 0 | — | 7.7% |
| FY2016 | 3 | 3 | 0 | — | 7.2% |
| FY2015 | 3 | 3 | 0 | — | 6.9% |
| FY2014 | 3 | 3 | 0 | — | 6.4% |
| FY2013 | 0 | 0 | 0 | — | 6.0% |
| FY2012 | 1 | 0 | 1 | — | 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 | $465K | $190K |
| Average approval | $677K | $518K |
| Approvals of $150,000 or less | 13.4% | 47.8% |
| Approvals to startups and businesses 2 years old or less | 57.5% | 34.3% |
| Approvals to franchise businesses | 37.0% | 11.5% |
| Jobs supported per approval, as reported | 17.7 | 10.5 |
| Charged off, loans approved FY2010–FY2021 | 3.8% | 6.6% |
States served
| # | State of the business (19 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Pennsylvania | 55 | $43.0M | 43.3% | |
| 2 | New Jersey | 15 | $12.0M | 11.8% | |
| 3 | New York | 10 | $6.5M | 7.9% | |
| 4 | North Carolina | 6 | $3.7M | 4.7% | |
| 5 | Texas | 6 | $3.1M | 4.7% | |
| 6 | Virginia | 6 | $1.8M | 4.7% | |
| 7 | Florida | 5 | $2.8M | 3.9% | |
| 8 | Georgia | 4 | $3.0M | 3.1% | |
| 9 | Ohio | 4 | $2.1M | 3.1% | |
| 10 | South Carolina | 3 | $1.9M | 2.4% | |
| 11 | California | 3 | $1.5M | 2.4% | |
| 12 | Tennessee | 2 | — | 1.6% |
In Pennsylvania the lender accounts for 0.5% of all 7(a) approvals in FY2021–FY2025.
Counties served
| # | County of the business (57 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Bucks County, PA | 16 | $10.2M | 12.6% | |
| 2 | Montgomery County, PA | 14 | $14.2M | 11.0% | |
| 3 | Philadelphia County, PA | 8 | $11.6M | 6.3% | |
| 4 | Delaware County, PA | 7 | $2.4M | 5.5% | |
| 5 | Lehigh County, PA | 6 | $2.9M | 4.7% | |
| 6 | Cape May County, NJ | 4 | $5.9M | 3.1% | |
| 7 | Wake County, NC | 4 | $2.5M | 3.1% | |
| 8 | Gwinnett County, GA | 2 | — | 1.6% | |
| 9 | New York County, NY | 2 | — | 1.6% | |
| 10 | Westchester County, NY | 2 | — | 1.6% | |
| 11 | Greenville County, SC | 2 | — | 1.6% | |
| 12 | Mecklenburg County, NC | 2 | — | 1.6% |
Industry mix
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Accommodation and Food Services | 38 | 29.9% | |
| 2 | Arts, Entertainment, and Recreation | 14 | 11.0% | |
| 3 | Other Services (except Public Administration) | 11 | 8.7% | |
| 4 | Health Care and Social Assistance | 11 | 8.7% | |
| 5 | Professional, Scientific, and Technical Services | 10 | 7.9% | |
| 6 | Retail Trade | 10 | 7.9% | |
| 7 | Wholesale Trade | 7 | 5.5% | |
| 8 | Manufacturing | 6 | 4.7% |
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 34 | 26.8% | |
| 2 | Other Amusement and Recreation IndustriesNAICS 7139 | 14 | 11.0% | |
| 3 | Offices of PhysiciansNAICS 6211 | 6 | 4.7% | |
| 4 | Other Personal ServicesNAICS 8129 | 4 | 3.1% | |
| 5 | Computer Systems Design and Related ServicesNAICS 5415 | 4 | 3.1% | |
| 6 | Lessors of Real EstateNAICS 5311 | 4 | 3.1% | |
| 7 | Automotive Repair and MaintenanceNAICS 8111 | 4 | 3.1% | |
| 8 | Architectural, Engineering, and Related ServicesNAICS 5413 | 3 | 2.4% | |
| 9 | Grocery StoresNAICS 4451 | 3 | 2.4% | |
| 10 | Beverage ManufacturingNAICS 3121 | 3 | 2.4% |
Approval sizes
- $50,000 or less4.7%6
- $50,001 to $150,0008.7%11
- $150,001 to $350,00025.2%32
- $350,001 to $1 million47.2%60
- $1 million to $2 million7.1%9
- Over $2 million7.1%9
Loan terms
- 5 years or less1.6%2
- Over 5 to 10 years54.3%69
- Over 10 to 20 years29.9%38
- Over 20 years14.2%18
Age of the businesses
- Existing, more than 2 years old31.5%40
- New business, 2 years or less15.7%20
- Startup, loan funds will open the business41.7%53
- Change of ownership11.0%14
SBA processing method
| # | Method | Approvals | Share | |
|---|---|---|---|---|
| 1 | 7a General | 76 | 59.8% | |
| 2 | SBA Express Program | 32 | 25.2% | |
| 3 | Preferred Lenders Program | 18 | 14.2% | |
| 4 | 7(a) WCP | 1 | 0.8% |
Franchise share
47 of 127 approvals in FY2021–FY2025 (37.0%) carried an SBA franchise code; across the 7(a) program the share is 11.5%.
| # | Franchise brand | Approvals | Share | |
|---|---|---|---|---|
| 1 | Pure Green | 24 | 18.9% | |
| 2 | JETSET Pilates | 5 | 3.9% | |
| 3 | iSmash | 4 | 3.1% | |
| 4 | Servpro | 2 | 1.6% | |
| 5 | AAMCO Transmissions and Total Car Care | 2 | 1.6% | |
| 6 | Urban Air Adventure Park | 1 | 0.8% | |
| 7 | Pet Evolution | 1 | 0.8% | |
| 8 | Bread and Vine | 1 | 0.8% |
Questions and answers
How many SBA loans does Quaint Oak Bank make?
SBA approved 33 7(a) loans through Quaint Oak Bank in FY2025, worth $19.9M, and 127 over FY2021 to FY2025. That ranks 269th of 2,184 active 7(a) lenders by number of approvals.
How large are Quaint Oak Bank's typical SBA loans?
The median 7(a) approval in FY2021 to FY2025 was $465K and the average $677K. The program-wide median was $190K.
What is Quaint Oak Bank's charge-off rate?
Of 52 disbursed loans approved in FY2010 to FY2021, SBA records 2 as charged off (3.8%), 30 as paid in full and 20 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 Quaint Oak Bank lend to most?
By number of approvals in FY2021 to FY2025: restaurants and other eating places (34); other amusement and recreation industries (14); offices of physicians (6); other personal services (4).
Where does Quaint Oak Bank make SBA loans?
In 19 states and territories. Pennsylvania 55, New Jersey 15, New York 10, North Carolina 6, Texas 6. In Pennsylvania it accounts for 0.5% of all 7(a) approvals.
Is Quaint Oak Bank's SBA lending rising?
Approvals in the three latest complete fiscal years total 83, against 54 in the three before: rising (+54%).
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