SBA loans in Nevada, FY2025

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 FY2025 (1 October 2024 to 30 September 2025) SBA approved 982 loans in Nevada: 881 under 7(a) and 101 under 504, worth $523M.

That is up 17% on FY2024, when there were 840 approvals worth $465M.

Nevada accounted for 1.2% of the 84,840 approvals nationwide that year. 95 lenders had at least one approval in the state; U.S. Bank, National Association had the most, 132.

982approvalsFY2024: 840

$523Mdollars approvedFY2024: $465M

$150Kmedian 7(a) approvalFY2024: $150K

95lenders with an approval

10,642jobs 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 FY2025, of 95 active.

#	Lender	Program	Approvals	Dollars	Share of state	FY2024	Change
1	U.S. Bank, National Association	7(a)	132	$19.2M	13.4%	119	+13
2	Zions Bank, A Division of	7(a)	107	$26.4M	10.9%	64	+43
3	Northeast Bank	7(a)	103	$15.6M	10.5%	38	+65
4	Newtek Bank, National Association	7(a)	62	$26.9M	6.3%	66	-4
5	Wells Fargo Bank National Association	7(a)	51	$23.8M	5.2%	77	-26
6	Nevada State Development Corporation	504	50	$53.0M	5.1%	40	+10
7	Readycap Lending, LLC	7(a)	33	$10.7M	3.4%	43	-10
8	Mortgage Capital Development Corporation	504	28	$41.1M	2.9%	36	-8
9	America First Federal Credit Union	7(a)	27	$25.9M	2.7%	27	0
10	The Huntington National Bank	7(a)	25	$7.1M	2.5%	37	-12
11	JPMorgan Chase Bank, National Association	7(a)	24	$6.4M	2.4%	22	+2
12	BayFirst National Bank	7(a)	23	$3.8M	2.3%	28	-5
13	Live Oak Banking Company	7(a)	19	$23.7M	1.9%	15	+4
14	Lendistry SBLC, LLC	7(a)	17	$3.5M	1.7%	3	+14
15	Bank of America, National Association	7(a)	16	$10.8M	1.6%	25	-9
16	California Statewide Certified Development Corporation	504	15	$18.1M	1.5%	10	+5
17	First Internet Bank of Indiana	7(a)	14	$17.0M	1.4%	6	+8
18	Mountain America FCU	7(a)	13	$4.8M	1.3%	5	+8
19	Celtic Bank Corporation	7(a)	13	$1.8M	1.3%	11	+2
20	Western Alliance Bank	7(a)	11	$14.5M	1.1%	5	+6
21	Harvest Small Business Finance, LLC	7(a)	8	$4.5M	0.8%	6	+2
22	AMPAC Tri-State CDC, Inc.	7(a)	8	$955K	0.8%	0	new
23	Plumas Bank	7(a)	7	$4.7M	0.7%	4	+3
24	GBank	7(a)	7	$2.4M	0.7%	6	+1
25	United Midwest Savings Bank National Association	7(a)	7	$2.3M	0.7%	9	-2
26	CDC Small Business Finance Corp.	7(a)	7	$765K	0.7%	7	0
27	Mountain West Small Business Finance	504	6	$11.1M	0.6%	3	+3
28	Byline Bank	7(a)	6	$9.1M	0.6%	6	0
29	Open Bank	7(a)	5	$11.8M	0.5%	2	+3
30	US Metro Bank	7(a)	5	$4.8M	0.5%	0	new
31	Truliant FCU	7(a)	5	$4.0M	0.5%	2	+3
32	Milestone Bank	7(a)	5	$3.8M	0.5%	1	+4
33	Columbia Bank	7(a)	5	$1.1M	0.5%	3	+2
34	T Bank, National Association	7(a)	4	$8.1M	0.4%	2	+2
35	City National Bank	7(a)	4	$5.9M	0.4%	2	+2
36	MidFirst Bank	7(a)	4	$4.0M	0.4%	2	+2
37	First Bank of the Lake	7(a)	4	$1.3M	0.4%	10	-6
38	Icon Business Bank	7(a)	3	$6.8M	0.3%	0	new
39	East West Bank	7(a)	3	$5.8M	0.3%	3	0
40	VelocitySBA, LLC	7(a)	3	$4.5M	0.3%	1	+2

Approvals by county

#	County	Approvals	Dollars	Share of state	FY2024	Change
1	Clark County	718	$381M	73.1%	599	+119
2	Washoe County	171	$87.9M	17.4%	154	+17
3	Carson City	21	$14.4M	2.1%	21	0
4	Nye County	17	$4.0M	1.7%	10	+7
5	Douglas County	16	$12.9M	1.6%	13	+3
6	Lyon County	15	$12.1M	1.5%	6	+9
7	Elko County	11	$6.4M	1.1%	12	-1
8	Humboldt County	8	$3.7M	0.8%	5	+3
9	Churchill County	2	—	0.2%	8	-6
10	Storey County	1	—	0.1%	1	0
11	Mineral County	1	—	0.1%	1	0
12	Lander County	1	—	0.1%	5	-4

FY2025 against FY2024

Nevada	FY2025	FY2024
7(a) approvals	881	749
7(a) dollars	$398M	$356M
Median 7(a) approval	$150K	$150K
504 approvals	101	91
504 dollars	$125M	$109M
Jobs supported, as reported	10,642	9,611

Questions and answers

Which lenders made the most SBA loans in Nevada in FY2025?

U.S. Bank, National Association (132), Zions Bank, A Division of (107), Northeast Bank (103), Newtek Bank, National Association (62), Wells Fargo Bank National Association (51). 95 lenders had at least one approval.

How many SBA loans were approved in Nevada in FY2025?

982: 881 under 7(a) worth $398M and 101 under 504 worth $125M.

Which Nevada counties had the most SBA approvals in FY2025?

Clark County (718), Washoe County (171), Carson City (21), Nye County (17), Douglas County (16).

When does FY2025 start and end?

The federal fiscal year 2025 runs from 1 October 2024 to 30 September 2025.

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