SBA Ledger

States › Nevada › FY2024

FY20241 Oct 2023 – 30 Sep 2024

SBA loans in Nevada, FY2024

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 FY2024 (1 October 2023 to 30 September 2024) SBA approved 840 loans in Nevada: 749 under 7(a) and 91 under 504, worth $465M.

That is up 26% on FY2023, when there were 669 approvals worth $431M.

Nevada accounted for 1.1% of the 76,235 approvals nationwide that year. 86 lenders had at least one approval in the state; U.S. Bank, National Association had the most, 119.

840approvalsFY2023: 669
$465Mdollars approvedFY2023: $431M
$150Kmedian 7(a) approvalFY2023: $207K
86lenders with an approval
9,611jobs 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 FY2024, of 86 active.

#LenderProgramApprovalsDollarsShare of stateFY2023Change
1U.S. Bank, National Association7(a)119$14.2M14.2%102+17
2Wells Fargo Bank National Association7(a)77$22.7M9.2%47+30
3Newtek Bank, National Association7(a)66$44.1M7.9%22+44
4Zions Bank, A Division of7(a)64$20.1M7.6%45+19
5Readycap Lending, LLC7(a)43$11.3M5.1%15+28
6Nevada State Development Corporation50440$41.5M4.8%36+4
7Northeast Bank7(a)38$3.6M4.5%4+34
8The Huntington National Bank7(a)37$14.4M4.4%22+15
9Mortgage Capital Development Corporation50436$45.9M4.3%34+2
10BayFirst National Bank7(a)28$4.1M3.3%39-11
11America First Federal Credit Union7(a)27$22.3M3.2%20+7
12Bank of America, National Association7(a)25$15.8M3.0%15+10
13JPMorgan Chase Bank, National Association7(a)22$4.7M2.6%6+16
14Live Oak Banking Company7(a)15$21.4M1.8%14+1
15Celtic Bank Corporation7(a)11$10.0M1.3%7+4
16Enterprise Bank & Trust7(a)10$13.9M1.2%12-2
17California Statewide Certified Development Corporation50410$12.2M1.2%15-5
18First Bank of the Lake7(a)10$3.1M1.2%11-1
19United Midwest Savings Bank National Association7(a)9$2.1M1.1%4+5
20CRF Small Business Loan Company, LLC7(a)8$3.9M1.0%2+6
21Mortgage Capital Development Corporation7(a)7$1.3M0.8%4+3
22CDC Small Business Finance Corp.7(a)7$1.1M0.8%8-1
23First Internet Bank of Indiana7(a)6$7.4M0.7%10-4
24Harvest Small Business Finance, LLC7(a)6$7.3M0.7%60
25FDIC - Community Bank & Trust-West Georgia7(a)6$6.2M0.7%1+5
26GBank7(a)6$3.9M0.7%2+4
27Byline Bank7(a)6$2.7M0.7%7-1
28Western Alliance Bank7(a)5$6.1M0.6%8-3
29Mountain America FCU7(a)5$899K0.6%7-2
30Plumas Bank7(a)4$4.7M0.5%3+1
31Hanmi Bank7(a)4$4.4M0.5%0new
32Pathward National Association7(a)3$7.6M0.4%1+2
33Mountain West Small Business Finance5043$4.2M0.4%30
34First Merchants Bank7(a)3$2.7M0.4%2+1
35East West Bank7(a)3$2.3M0.4%2+1
36Lendistry SBLC, LLC7(a)3$352K0.4%0new
37Columbia Bank7(a)3$88K0.4%0new
38CDC Small Business Finance Corp.5042—0.2%7-5
39Beacon Bank and Trust7(a)2—0.2%1+1
40Open Bank7(a)2—0.2%20

Approvals by county

#CountyApprovalsDollarsShare of stateFY2023Change
1Clark County599$309M71.3%510+89
2Washoe County154$93.1M18.3%101+53
3Carson City21$21.2M2.5%17+4
4Douglas County13$7.5M1.5%9+4
5Elko County12$8.6M1.4%10+2
6Nye County10$6.2M1.2%7+3
7Churchill County8$2.6M1.0%4+4
8Lyon County6$4.9M0.7%8-2
9Humboldt County5$1.2M0.6%2+3
10Lander County5$5.8M0.6%0new
11White Pine County2—0.2%0new
12Eureka County2—0.2%0new
13Storey County1—0.1%10
14Mineral County1—0.1%0new
15Pershing County1—0.1%0new

FY2024 against FY2023

NevadaFY2024FY2023
7(a) approvals749574
7(a) dollars$356M$326M
Median 7(a) approval$150K$207K
504 approvals9195
504 dollars$109M$105M
Jobs supported, as reported9,6119,494

Questions and answers

Which lenders made the most SBA loans in Nevada in FY2024?

U.S. Bank, National Association (119), Wells Fargo Bank National Association (77), Newtek Bank, National Association (66), Zions Bank, A Division of (64), Readycap Lending, LLC (43). 86 lenders had at least one approval.

How many SBA loans were approved in Nevada in FY2024?

840: 749 under 7(a) worth $356M and 91 under 504 worth $109M.

Which Nevada counties had the most SBA approvals in FY2024?

Clark County (599), Washoe County (154), Carson City (21), Douglas County (13), Elko County (12).

When does FY2024 start and end?

The federal fiscal year 2024 runs from 1 October 2023 to 30 September 2024.

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