SBA Ledger

States › Nevada › FY2023

FY20231 Oct 2022 – 30 Sep 2023

SBA loans in Nevada, FY2023

That fiscal year's approvals by lender and by county.

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.

In FY2023 (1 October 2022 to 30 September 2023) SBA approved 669 loans in Nevada: 574 under 7(a) and 95 under 504, worth $431M.

That is up 12% on FY2022, when there were 597 approvals worth $381M.

Nevada accounted for 1.1% of the 63,286 approvals nationwide that year. 86 lenders had at least one approval in the state; U.S. Bank, National Association had the most, 102.

669approvalsFY2022: 597
$431Mdollars approvedFY2022: $381M
$207Kmedian 7(a) approvalFY2022: $246K
86lenders with an approval
9,494jobs supported, as reported

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.

Approvals by lender

The 40 lenders with the most approvals to Nevada businesses in FY2023, of 86 active.

#LenderProgramApprovalsDollarsShare of stateFY2022Change
1U.S. Bank, National Association7(a)102$17.1M15.2%80+22
2Wells Fargo Bank National Association7(a)47$9.3M7.0%470
3Zions Bank, A Division of7(a)45$23.2M6.7%19+26
4BayFirst National Bank7(a)39$5.7M5.8%9+30
5Nevada State Development Corporation50436$40.5M5.4%70-34
6Mortgage Capital Development Corporation50434$39.1M5.1%57-23
7Newtek Small Business Finance, Inc.7(a)25$18.6M3.7%39-14
8The Huntington National Bank7(a)22$10.5M3.3%21+1
9Newtek Bank, National Association7(a)22$8.7M3.3%0new
10America First Federal Credit Union7(a)20$24.6M3.0%21-1
11California Statewide Certified Development Corporation50415$17.8M2.2%17-2
12Readycap Lending, LLC7(a)15$6.9M2.2%13+2
13Bank of America, National Association7(a)15$6.0M2.2%11+4
14Live Oak Banking Company7(a)14$17.3M2.1%13+1
15Enterprise Bank & Trust7(a)12$22.1M1.8%5+7
16First Bank of the Lake7(a)11$14.2M1.6%4+7
17First Internet Bank of Indiana7(a)10$14.9M1.5%4+6
18City National Bank7(a)8$21.8M1.2%5+3
19Western Alliance Bank7(a)8$6.0M1.2%4+4
20CDC Small Business Finance Corp.7(a)8$1.8M1.2%9-1
21Byline Bank7(a)7$7.2M1.0%6+1
22BMO Bank National Association7(a)7$5.4M1.0%2+5
23CDC Small Business Finance Corp.5047$4.8M1.0%8-1
24Mountain America FCU7(a)7$1.3M1.0%5+2
25Celtic Bank Corporation7(a)7$898K1.0%10-3
26Harvest Small Business Finance, LLC7(a)6$6.1M0.9%2+4
27Bank of Hope7(a)6$4.2M0.9%1+5
28JPMorgan Chase Bank, National Association7(a)6$1.7M0.9%5+1
29Oconee State Bank7(a)5$4.5M0.7%0new
30Customers Bank7(a)5$3.5M0.7%9-4
31United Midwest Savings Bank National Association7(a)4$4.3M0.6%8-4
32Five Star Bank7(a)4$1.3M0.6%1+3
33Mortgage Capital Development Corporation7(a)4$760K0.6%0new
34Heritage Bank Inc7(a)4$574K0.6%0new
35Northeast Bank7(a)4$207K0.6%0new
36Mountain West Small Business Finance5043$2.9M0.4%6-3
37Gulf Coast Bank and Trust Company7(a)3$2.5M0.4%2+1
38Plumas Bank7(a)3$1.8M0.4%30
39DreamSpring7(a)3$775K0.4%0new
40Cache Valley Bank7(a)3$750K0.4%2+1

Approvals by county

#CountyApprovalsDollarsShare of stateFY2022Change
1Clark County510$320M76.2%446+64
2Washoe County101$71.2M15.1%98+3
3Carson City17$13.9M2.5%13+4
4Elko County10$4.1M1.5%12-2
5Douglas County9$7.1M1.3%8+1
6Lyon County8$2.0M1.2%10-2
7Nye County7$8.6M1.0%2+5
8Churchill County4$2.6M0.6%3+1
9Humboldt County2—0.3%5-3
10Storey County1—0.1%0new

FY2023 against FY2022

NevadaFY2023FY2022
7(a) approvals574436
7(a) dollars$326M$224M
Median 7(a) approval$207K$246K
504 approvals95161
504 dollars$105M$157M
Jobs supported, as reported9,4946,312

Questions and answers

Which lenders made the most SBA loans in Nevada in FY2023?

U.S. Bank, National Association (102), Wells Fargo Bank National Association (47), Zions Bank, A Division of (45), BayFirst National Bank (39), Nevada State Development Corporation (36). 86 lenders had at least one approval.

How many SBA loans were approved in Nevada in FY2023?

669: 574 under 7(a) worth $326M and 95 under 504 worth $105M.

Which Nevada counties had the most SBA approvals in FY2023?

Clark County (510), Washoe County (101), Carson City (17), Elko County (10), Douglas County (9).

When does FY2023 start and end?

The federal fiscal year 2023 runs from 1 October 2022 to 30 September 2023.

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