Lenders › The Bancorp Bank National Association
7(a) lenderSioux Falls, South DakotaFDIC-insured bank55th of 2,184 by approvals
The Bancorp 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.
The Bancorp Bank National Association, based in Sioux Falls, South Dakota, is an FDIC-insured bank in the SBA 7(a) program. SBA approved 683 of its 7(a) loans worth $631M in FY2021 to FY2025, which places it 55th of 2,184 active 7(a) lenders by number of approvals.
In FY2025, the latest complete fiscal year, it had 123 approvals totalling $150M, up 38% on FY2024 (89). FY2026 to 30 Jun 2026 adds 92 more.
The median approval was $589K, against $190K for the 7(a) program as a whole; 6.3% of its approvals were for $150,000 or less (program: 47.8%).
Its loans went to businesses in 43 states and territories and 301 counties, led by Texas (15.2%), Florida (11.9%) and California (8.2%). The largest industry group was accommodation and food services at 17.4% of approvals, and 40.4% of approvals were to franchise businesses.
Of 1,126 disbursed loans approved in FY2010 to FY2021, SBA records 76 as charged off (6.7%), 750 as paid in full and 300 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* | 92 | $121M | $939K | $1.3M | 1,982 |
| FY2025 | 123 | $150M | $876K | $1.2M | 2,418 |
| FY2024 | 89 | $82.3M | $678K | $925K | 1,443 |
| FY2023 | 144 | $127M | $535K | $885K | 2,588 |
| FY2022 | 110 | $85.4M | $555K | $776K | 1,661 |
| FY2021 | 217 | $185M | $455K | $852K | 3,044 |
| FY2020 | 156 | $99.3M | $384K | $637K | 1,955 |
| FY2019 | 120 | $115M | $602K | $954K | 1,708 |
| FY2018 | 102 | $94.3M | $511K | $924K | 1,427 |
| FY2017 | 104 | $75.5M | $345K | $726K | 2,285 |
| FY2016 | 124 | $121M | $521K | $980K | 2,557 |
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 606 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 | 1,305 | 48,931 | 639,905 |
| Cancelled or never disbursed | 179 | 5,758 | 79,313 |
| Disbursed loans | 1,126 | 43,173 | 560,592 |
| Paid in full | 750 | 31,848 | 435,813 |
| Charged off | 76 | 3,650 | 36,891 |
| Still outstanding (status exempt from disclosure) | 300 | 7,675 | 87,888 |
| Charged off, share of disbursed loans | 6.7% | 8.5% | 6.6% |
| Dollars charged off, share of disbursed dollars | 3.3% | 2.9% | 2.5% |
| Dollars charged off | $28.4M | $682M | $5.70bn |
By approval year
| Approved in | Disbursed | Paid in full | Charged off | Charged off, share | 7(a) program, same year |
|---|---|---|---|---|---|
| FY2021 | 186 | 74 | 1 | 0.5% | 2.8% |
| FY2020 | 139 | 83 | 2 | 1.4% | 4.0% |
| FY2019 | 102 | 58 | 1 | 1.0% | 6.7% |
| FY2018 | 91 | 50 | 3 | 3.3% | 7.9% |
| FY2017 | 89 | 45 | 23 | 25.8% | 7.7% |
| FY2016 | 110 | 78 | 12 | 10.9% | 7.2% |
| FY2015 | 102 | 81 | 12 | 11.8% | 6.9% |
| FY2014 | 64 | 58 | 5 | 7.8% | 6.4% |
| FY2013 | 116 | 104 | 10 | 8.6% | 6.0% |
| FY2012 | 85 | 78 | 6 | 7.1% | 6.3% |
| FY2011 | 41 | 40 | 1 | 2.4% | 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 | $589K | $190K |
| Average approval | $923K | $518K |
| Approvals of $150,000 or less | 6.3% | 47.8% |
| Approvals to startups and businesses 2 years old or less | 46.1% | 34.3% |
| Approvals to franchise businesses | 40.4% | 11.5% |
| Jobs supported per approval, as reported | 16.3 | 10.5 |
| Charged off, loans approved FY2010–FY2021 | 6.7% | 6.6% |
States served
| # | State of the business (43 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Texas | 104 | $84.1M | 15.2% | |
| 2 | Florida | 81 | $62.2M | 11.9% | |
| 3 | California | 56 | $50.0M | 8.2% | |
| 4 | Colorado | 45 | $63.7M | 6.6% | |
| 5 | Arizona | 43 | $39.3M | 6.3% | |
| 6 | North Carolina | 41 | $34.6M | 6.0% | |
| 7 | Georgia | 29 | $28.7M | 4.2% | |
| 8 | New Jersey | 25 | $28.9M | 3.7% | |
| 9 | New York | 20 | $23.9M | 2.9% | |
| 10 | Pennsylvania | 20 | $20.7M | 2.9% | |
| 11 | Michigan | 19 | $15.9M | 2.8% | |
| 12 | Ohio | 16 | $11.9M | 2.3% |
In Texas the lender accounts for 0.4% of all 7(a) approvals in FY2021–FY2025.
Counties served
| # | County of the business (301 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Maricopa County, AZ | 40 | $36.8M | 5.9% | |
| 2 | Harris County, TX | 26 | $23.6M | 3.8% | |
| 3 | San Diego County, CA | 13 | $15.2M | 1.9% | |
| 4 | Los Angeles County, CA | 13 | $9.7M | 1.9% | |
| 5 | Dallas County, TX | 12 | $7.9M | 1.8% | |
| 6 | Orange County, FL | 11 | $7.4M | 1.6% | |
| 7 | Arapahoe County, CO | 8 | $15.4M | 1.2% | |
| 8 | Orange County, CA | 8 | $7.1M | 1.2% | |
| 9 | Collin County, TX | 8 | $3.8M | 1.2% | |
| 10 | St. Louis County, MO | 7 | $10.3M | 1.0% | |
| 11 | Jefferson County, CO | 7 | $10.1M | 1.0% | |
| 12 | Oakland County, MI | 7 | $5.9M | 1.0% |
Industry mix
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Accommodation and Food Services | 119 | 17.4% | |
| 2 | Other Services (except Public Administration) | 94 | 13.8% | |
| 3 | Health Care and Social Assistance | 88 | 12.9% | |
| 4 | Retail Trade | 71 | 10.4% | |
| 5 | Real Estate and Rental and Leasing | 56 | 8.2% | |
| 6 | Administrative and Support and Waste Management and Remediation Services | 56 | 8.2% | |
| 7 | Construction | 46 | 6.7% | |
| 8 | Professional, Scientific, and Technical Services | 45 | 6.6% |
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 108 | 15.8% | |
| 2 | Lessors of Real EstateNAICS 5311 | 49 | 7.2% | |
| 3 | Child Day Care ServicesNAICS 6244 | 36 | 5.3% | |
| 4 | Other Amusement and Recreation IndustriesNAICS 7139 | 31 | 4.5% | |
| 5 | Services to Buildings and DwellingsNAICS 5617 | 30 | 4.4% | |
| 6 | Automotive Repair and MaintenanceNAICS 8111 | 28 | 4.1% | |
| 7 | Death Care ServicesNAICS 8122 | 22 | 3.2% | |
| 8 | Personal Care ServicesNAICS 8121 | 22 | 3.2% | |
| 9 | Business Support ServicesNAICS 5614 | 19 | 2.8% | |
| 10 | Offices of Other Health PractitionersNAICS 6213 | 18 | 2.6% |
Approval sizes
- $50,000 or less0.1%1
- $50,001 to $150,0006.1%42
- $150,001 to $350,00023.7%162
- $350,001 to $1 million42.8%292
- $1 million to $2 million16.5%113
- Over $2 million10.7%73
Loan terms
- 5 years or less0.3%2
- Over 5 to 10 years63.8%436
- Over 10 to 20 years8.1%55
- Over 20 years27.8%190
Age of the businesses
- Existing, more than 2 years old21.8%149
- New business, 2 years or less12.7%87
- Startup, loan funds will open the business33.4%228
- Change of ownership32.1%219
SBA processing method
| # | Method | Approvals | Share | |
|---|---|---|---|---|
| 1 | Preferred Lenders Program | 638 | 93.4% | |
| 2 | SBA Express Program | 24 | 3.5% | |
| 3 | 7a General | 19 | 2.8% | |
| 4 | International Trade Loans | 2 | 0.3% |
Franchise share
276 of 683 approvals in FY2021–FY2025 (40.4%) carried an SBA franchise code; across the 7(a) program the share is 11.5%.
| # | Franchise brand | Approvals | Share | |
|---|---|---|---|---|
| 1 | The UPS Store | 14 | 2.0% | |
| 2 | Marco's Pizza | 13 | 1.9% | |
| 3 | Tropical Smoothie Cafe | 12 | 1.8% | |
| 4 | Grease Monkey | 10 | 1.5% | |
| 5 | Celebree School | 9 | 1.3% | |
| 6 | Charleys Philly Steaks | 9 | 1.3% | |
| 7 | Domino's Pizza | 7 | 1.0% | |
| 8 | Smoothie King | 6 | 0.9% |
Questions and answers
How many SBA loans does The Bancorp Bank National Association make?
SBA approved 123 7(a) loans through The Bancorp Bank National Association in FY2025, worth $150M, and 683 over FY2021 to FY2025. That ranks 55th of 2,184 active 7(a) lenders by number of approvals.
How large are The Bancorp Bank National Association's typical SBA loans?
The median 7(a) approval in FY2021 to FY2025 was $589K and the average $923K. The program-wide median was $190K.
What is The Bancorp Bank National Association's charge-off rate?
Of 1,126 disbursed loans approved in FY2010 to FY2021, SBA records 76 as charged off (6.7%), 750 as paid in full and 300 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 The Bancorp Bank National Association lend to most?
By number of approvals in FY2021 to FY2025: restaurants and other eating places (108); lessors of real estate (49); child day care services (36); other amusement and recreation industries (31).
Where does The Bancorp Bank National Association make SBA loans?
In 43 states and territories. Texas 104, Florida 81, California 56, Colorado 45, Arizona 43. In Texas it accounts for 0.4% of all 7(a) approvals.
Is The Bancorp Bank National Association's SBA lending rising?
Approvals in the three latest complete fiscal years total 356, against 483 in the three before: falling (-26%).
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