States › Nevada
State1.1% of US approvals178 lenders active
SBA loans in Nevada
7(a) and 504 approvals by fiscal year, the lenders behind them, and where in the state they went. Pick a fiscal year for that year's lenders and counties.
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.
SBA approved 3,774 small business loans in Nevada in FY2021 to FY2025: 3,151 under the 7(a) program and 623 under 504, worth $2.34bn together.
That is 48.8 approvals for every 1,000 business establishments in the state, against 41.0 nationally, and 1.1% of all approvals in the country (26th of 54 states and territories).
In FY2025 there were 982 approvals totalling $523M, up 17% on FY2024. The median 7(a) approval over the five years was $232K and the median 504 approval $678K.
178 lenders had at least one approval in the state; by number of 7(a) approvals the most active were U.S. Bank, National Association (498), Zions Bank, A Division of (281) and Wells Fargo Bank National Association (266).
Of 7(a) loans approved in FY2010 to FY2021 and disbursed, SBA records 7.7% as charged off, against 6.6% nationally.
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. Data through 30 Jun 2026.
Most active 7(a) lenders in Nevada
Ranked by number of approvals to businesses in the state, FY2021–FY2025. The column of bars shows each lender's approvals here in every fiscal year; the charged-off column is the lender's nationwide figure.
| # | Lender | Approvals in NV, FY2021–25 | Dollars | Share | Median approval, all states | FY2016–26 | Charged off, FY2010–21 loans |
|---|---|---|---|---|---|---|---|
| 1 | U.S. Bank, National AssociationCincinnati, OH | 498 | $87.0M | 15.8% | $45K | 6.2% | |
| 2 | Zions Bank, A Division ofSalt Lake City, UT | 281 | $118M | 8.9% | $140K | 5.9% | |
| 3 | Wells Fargo Bank National AssociationSioux Falls, SD | 266 | $71.3M | 8.4% | $15K | 7.9% | |
| 4 | Newtek Bank, National AssociationMiami, FL | 150 | $79.8M | 4.8% | $225K | — | |
| 5 | Northeast BankLewiston, ME | 145 | $19.4M | 4.6% | $106K | 12.8% | |
| 6 | America First Federal Credit UnionRiverdale, UT | 133 | $118M | 4.2% | $563K | 2.0% | |
| 7 | The Huntington National BankColumbus, OH | 114 | $41.8M | 3.6% | $92K | 5.7% | |
| 8 | Readycap Lending, LLCBerkeley Heights, NJ | 110 | $42.8M | 3.5% | $138K | 4.3% | |
| 9 | BayFirst National BankSaint Petersburg, FL | 104 | $17.0M | 3.3% | $150K | 19.2% | |
| 10 | Newtek Small Business Finance, Inc.Lake Success, NY | 87 | $51.4M | 2.8% | $300K | 6.8% | |
| 11 | Live Oak Banking CompanyWilmington, NC | 78 | $108M | 2.5% | $850K | 2.2% | |
| 12 | Bank of America, National AssociationCharlotte, NC | 72 | $38.1M | 2.3% | $300K | 2.6% | |
| 13 | JPMorgan Chase Bank, National AssociationColumbus, OH | 60 | $15.5M | 1.9% | $200K | 7.4% | |
| 14 | Celtic Bank CorporationSalt Lake City, UT | 46 | $26.8M | 1.5% | $150K | 17.0% | |
| 15 | Western Alliance BankPhoenix, AZ | 42 | $48.8M | 1.3% | $706K | 3.7% | |
| 16 | Enterprise Bank & TrustClayton, MO | 41 | $56.3M | 1.3% | $941K | 1.1% | |
| 17 | First Internet Bank of IndianaFishers, IN | 40 | $52.8M | 1.3% | $895K | 5.3% | |
| 18 | United Midwest Savings Bank National AssociationDe Graff, OH | 39 | $13.8M | 1.2% | $150K | 15.9% | |
| 19 | CDC Small Business Finance Corp.San Diego, CA | 39 | $5.4M | 1.2% | $150K | 17.9% | |
| 20 | Harvest Small Business Finance, LLCLaguna Hills, CA | 34 | $33.1M | 1.1% | $765K | 0.4% | |
| 21 | Mountain America FCUSandy, UT | 34 | $10.2M | 1.1% | $70K | 3.6% | |
| 22 | First Bank of the LakeOsage Beach, MO | 31 | $25.9M | 1.0% | $350K | 2.7% | |
| 23 | Byline BankChicago, IL | 30 | $30.4M | 1.0% | $806K | 9.5% | |
| 24 | Plumas BankQuincy, CA | 27 | $17.5M | 0.9% | $528K | 2.7% | |
| 25 | BMO Bank National AssociationChicago, IL | 21 | $18.4M | 0.7% | $512K | 2.9% | |
| 26 | Columbia BankLake Oswego, OR | 21 | $8.7M | 0.7% | $50K | 7.9% | |
| 27 | City National BankLos Angeles, CA | 20 | $34.8M | 0.6% | $887K | 1.8% | |
| 28 | Lendistry SBLC, LLCLos Angeles, CA | 20 | $3.9M | 0.6% | $150K | 22.7% | |
| 29 | GBankLas Vegas, NV | 18 | $13.7M | 0.6% | $2.2M | 1.7% | |
| 30 | Gulf Coast Bank and Trust CompanyNew Orleans, LA | 16 | $13.7M | 0.5% | $623K | 6.4% | |
| 31 | Lexicon BankLas Vegas, NV | 16 | $4.6M | 0.5% | $200K | — | |
| 32 | US Metro BankGarden Grove, CA | 15 | $22.6M | 0.5% | $1.6M | 2.0% | |
| 33 | Customers BankMalvern, PA | 15 | $8.2M | 0.5% | $500K | 6.8% | |
| 34 | CRF Small Business Loan Company, LLCMinneapolis, MN | 15 | $5.7M | 0.5% | $381K | 8.8% | |
| 35 | Mortgage Capital Development CorporationOakland, CA | 14 | $2.8M | 0.4% | $200K | — | |
| 36 | FDIC - Community Bank & Trust-West GeorgiaLagrange, GA | 13 | $13.0M | 0.4% | $923K | 7.1% | |
| 37 | Open BankLos Angeles, CA | 12 | $25.5M | 0.4% | $1.1M | 1.3% | |
| 38 | Bank of HopeLos Angeles, CA | 12 | $8.6M | 0.4% | $350K | 6.5% | |
| 39 | Citizens BankElizabethton, TN | 12 | $4.4M | 0.4% | $495K | 5.4% | |
| 40 | First Savings BankBeresford, SD | 12 | $3.5M | 0.4% | $211K | 3.9% |
504 certified development companies
| # | Lender | Approvals in NV, FY2021–25 | Dollars | Share | Median approval, all states | FY2016–26 | Charged off, FY2010–21 loans |
|---|---|---|---|---|---|---|---|
| 1 | Nevada State Development CorporationLas Vegas, NV · 504 CDC | 284 | $264M | 45.6% | $627K | 1.0% | |
| 2 | Mortgage Capital Development CorporationOakland, CA · 504 CDC | 207 | $211M | 33.2% | $913K | 0.3% | |
| 3 | California Statewide Certified Development CorporationDavis, CA · 504 CDC | 78 | $83.3M | 12.5% | $886K | 0.1% | |
| 4 | CDC Small Business Finance Corp.San Diego, CA · 504 CDC | 24 | $30.9M | 3.9% | $824K | 0.4% | |
| 5 | Mountain West Small Business FinanceSalt Lake City, UT · 504 CDC | 24 | $28.4M | 3.9% | $684K | 0.6% | |
| 6 | AMPAC Tri-State CDC, Inc.Ontario, CA · 504 CDC | 3 | $9.9M | 0.5% | $773K | 0.7% | |
| 7 | Trenton Business Assistance CorporationPrinceton, NJ · 504 CDC | 1 | — | 0.2% | $1.1M | 0.7% | |
| 8 | Small Business Growth CorporationSpringfield, IL · 504 CDC | 1 | — | 0.2% | $609K | 1.4% | |
| 9 | Business Finance CapitalLos Angeles, CA · 504 CDC | 1 | — | 0.2% | $937K | 0.6% |
Fiscal-year ledger
| Fiscal year | 7(a) approvals | 7(a) dollars | Median 7(a) | 504 approvals | 504 dollars | All approvals | Jobs supported, as reported |
|---|---|---|---|---|---|---|---|
| FY2026* | 443 | $241M | $200K | 70 | $88.6M | 513 | 5,687 |
| FY2025 | 881 | $398M | $150K | 101 | $125M | 982 | 10,642 |
| FY2024 | 749 | $356M | $150K | 91 | $109M | 840 | 9,611 |
| FY2023 | 574 | $326M | $207K | 95 | $105M | 669 | 9,494 |
| FY2022 | 436 | $224M | $246K | 161 | $157M | 597 | 6,312 |
| FY2021 | 511 | $398M | $424K | 175 | $141M | 686 | 9,932 |
| FY2020 | 344 | $179M | $186K | 109 | $90.7M | 453 | 4,443 |
| FY2019 | 471 | $195M | $150K | 115 | $89.2M | 586 | 7,095 |
| FY2018 | 529 | $206M | $125K | 95 | $78.7M | 624 | 7,253 |
| FY2017 | 521 | $230M | $150K | 99 | $88.4M | 620 | 7,112 |
| FY2016 | 564 | $216M | $83K | 76 | $52.8M | 640 | 6,385 |
7(a) approvals504 approvals
Counties
Approvals in FY2021–FY2025 set against the Census Bureau's count of business establishments. Counties with at least 30 approvals have their own page.
| # | County | Approvals | Dollars | Establishments | Per 1,000 establishments | By fiscal year |
|---|---|---|---|---|---|---|
| 1 | Clark County | 2,761 | $1.66bn | 54,202 | 50.9 | |
| 2 | Washoe County | 661 | $430M | 14,199 | 46.6 | |
| 3 | Carson City | 88 | $75.4M | 1,962 | 44.9 | |
| 4 | Elko County | 62 | $37.0M | 1,185 | 52.3 | |
| 5 | Douglas County | 51 | $38.4M | 1,714 | 29.8 | |
| 6 | Lyon County | 48 | $32.1M | 874 | 54.9 | |
| 7 | Nye County | 44 | $24.2M | 862 | 51.0 | |
| 8 | Humboldt County | 23 | $14.4M | 418 | 55.0 | |
| 9 | Churchill County | 17 | $9.5M | 485 | 35.1 | |
| 10 | Lander County | 6 | $5.8M | 96 | 62.5 | |
| 11 | Storey County | 5 | $3.5M | 159 | 31.4 | |
| 12 | White Pine County | 2 | — | 197 | 10.2 | |
| 13 | Mineral County | 2 | — | 58 | 34.5 | |
| 14 | Eureka County | 2 | — | 41 | 48.8 | |
| 15 | Lincoln County | 1 | — | 74 | 13.5 | |
| 16 | Pershing County | 1 | — | 71 | 14.1 |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 344 | $196M | 9.1% | |
| 2 | Personal Care ServicesNAICS 8121 | 141 | $52.9M | 3.7% | |
| 3 | Offices of Other Health PractitionersNAICS 6213 | 139 | $62.2M | 3.7% | |
| 4 | Building Equipment ContractorsNAICS 2382 | 137 | $57.5M | 3.6% | |
| 5 | Automotive Repair and MaintenanceNAICS 8111 | 124 | $84.9M | 3.3% | |
| 6 | Offices of PhysiciansNAICS 6211 | 120 | $107M | 3.2% | |
| 7 | Services to Buildings and DwellingsNAICS 5617 | 120 | $40.5M | 3.2% | |
| 8 | Other Specialty Trade ContractorsNAICS 2389 | 96 | $70.0M | 2.5% | |
| 9 | Management, Scientific, and Technical Consulting ServicesNAICS 5416 | 92 | $25.4M | 2.4% | |
| 10 | Other Amusement and Recreation IndustriesNAICS 7139 | 91 | $56.8M | 2.4% | |
| 11 | Legal ServicesNAICS 5411 | 83 | $50.4M | 2.2% | |
| 12 | General Freight TruckingNAICS 4841 | 78 | $15.0M | 2.1% | |
| 13 | Other Professional, Scientific, and Technical ServicesNAICS 5419 | 75 | $63.3M | 2.0% | |
| 14 | Agencies, Brokerages, and Other Insurance Related ActivitiesNAICS 5242 | 65 | $39.9M | 1.7% | |
| 15 | Other Personal ServicesNAICS 8129 | 65 | $30.5M | 1.7% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Health Care and Social Assistance | 465 | 12.3% | |
| 2 | Accommodation and Food Services | 443 | 11.7% | |
| 3 | Professional, Scientific, and Technical Services | 431 | 11.4% | |
| 4 | Retail Trade | 425 | 11.3% | |
| 5 | Construction | 419 | 11.1% | |
| 6 | Other Services (except Public Administration) | 396 | 10.5% | |
| 7 | Administrative and Support and Waste Management and Remediation Services | 211 | 5.6% | |
| 8 | Manufacturing | 186 | 4.9% | |
| 9 | Wholesale Trade | 159 | 4.2% | |
| 10 | Transportation and Warehousing | 151 | 4.0% |
Franchise brands
| # | Brand | Approvals | Share | |
|---|---|---|---|---|
| 1 | The UPS Store | 8 | 0.2% | |
| 2 | Mountain Mike's Pizza | 6 | 0.2% | |
| 3 | Marco's Pizza | 5 | 0.1% | |
| 4 | Motel 6 | 4 | 0.1% | |
| 5 | Big O Tires | 4 | 0.1% | |
| 6 | Kiddie Academy | 4 | 0.1% | |
| 7 | Habit Burger Grill | 4 | 0.1% | |
| 8 | Wienerschnitzel | 4 | 0.1% | |
| 9 | Teriyaki Madness | 4 | 0.1% | |
| 10 | Image360 | 4 | 0.1% |
How earlier loans turned out
| Loans approved FY2010–FY2021 | NV 7(a) | US 7(a) | NV 504 | US 504 |
|---|---|---|---|---|
| Approvals in these years | 5,022 | 639,905 | 1,217 | 85,591 |
| Cancelled or never disbursed | 653 | 79,313 | 132 | 12,514 |
| Disbursed loans | 4,369 | 560,592 | 1,085 | 73,077 |
| Paid in full | 3,342 | 435,813 | 506 | 35,491 |
| Charged off | 337 | 36,891 | 9 | 905 |
| Still outstanding (status exempt from disclosure) | 690 | 87,888 | 570 | 36,681 |
| Charged off, share of disbursed loans | 7.7% | 6.6% | 0.8% | 1.2% |
| Dollars charged off, share of disbursed dollars | 2.0% | 2.5% | 0.5% | 0.9% |
| Dollars charged off | $37.1M | $5.70bn | $3.6M | $499M |
Approval sizes
- $50,000 or less23.3%878
- $50,001 to $150,00015.0%566
- $150,001 to $350,00018.2%687
- $350,001 to $1 million25.6%965
- $1 million to $2 million10.4%392
- Over $2 million7.6%286
Age of the businesses
- Existing, more than 2 years old58.2%2,195
- New business, 2 years or less21.0%794
- Startup, loan funds will open the business13.4%505
- Change of ownership7.3%277
- Not answered0.1%3
Against the country
| FY2021–FY2025 | Nevada | United States |
|---|---|---|
| Approvals per 1,000 establishments | 48.8 | 41.0 |
| Median 7(a) approval | $232K | $190K |
| Median 504 approval | $678K | $657K |
| 504 share of approvals | 16.5% | 11.0% |
| Jobs supported per approval, as reported | 12.2 | 10.5 |
| Approvals, change on FY2016–FY2020 | 29% | 10% |
Questions and answers
Which lenders make the most SBA loans in Nevada?
By 7(a) approvals in FY2021 to FY2025: U.S. Bank, National Association (498), Zions Bank, A Division of (281), Wells Fargo Bank National Association (266), Newtek Bank, National Association (150), Northeast Bank (145). For 504 loans: Nevada State Development Corporation (284), Mortgage Capital Development Corporation (207), California Statewide Certified Development Corporation (78). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Nevada?
The median 7(a) approval was $232K and the median 504 approval $678K; the average across both programs was $620K.
Which industries get the most SBA loans in Nevada?
Restaurants and Other Eating Places (344); Personal Care Services (141); Offices of Other Health Practitioners (139); Building Equipment Contractors (137); Automotive Repair and Maintenance (124).
Which Nevada counties receive the most SBA loans?
Clark County (2,761), Washoe County (661), Carson City (88), Elko County (62), Douglas County (51), by approvals in FY2021 to FY2025.
Is SBA lending in Nevada rising?
Approvals in the three latest complete fiscal years total 2,491, against 1,736 in the three before: rising (+43%).
What share of SBA loans in Nevada are charged off?
Of 7(a) loans approved in FY2010 to FY2021 and disbursed, 7.7% are recorded as charged off (national: 6.6%); for 504 loans the figure is 0.8% (national: 1.2%). Newer loans are left out because most have not had time to reach either outcome.
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. Establishment counts are from the Census Bureau's County Business Patterns 2023, which leaves out most farms, government and businesses without employees. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error