Bankwell Bank approved 160 SBA loans worth $209.5M between October 2021 and June 2026, ranking #257 of 2,283 SBA lenders nationally by loan count. Its median loan was $738,750, and 29% went to startups or businesses under two years old. It lent in 31 states, most often in Texas, and its most financed industry was finance and insurance.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| Texas | 30 | $53.8M | $1,712,500 | #115 |
| Florida | 22 | $31.4M | $1,031,100 | #111 |
| California | 14 | $11.8M | $415,000 | #155 |
| New Jersey | 12 | $17.4M | $1,192,500 | #75 |
| Pennsylvania | 12 | $14.1M | $972,500 | #83 |
| New York | 9 | $17.0M | $1,100,000 | #118 |
| Georgia | 8 | $5.2M | $418,500 | #122 |
| Connecticut | 7 | $2.7M | $192,000 | #50 |
| Illinois | 5 | $2.0M | $265,000 | #142 |
| Michigan | 4 | $5.6M | $290,000 | #141 |
| Maryland | 4 | $1.9M | $350,000 | #92 |
| Colorado | 3 | $4.8M | $776,000 | #149 |
| Massachusetts | 3 | $1.4M | $350,000 | #147 |
| North Carolina | 3 | $3.4M | $630,000 | #145 |
| South Carolina | 3 | $1.3M | $350,000 | #102 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Finance and insurance | 41 | $1,435,000 | |
| Health care and social assistance | 22 | $1,227,500 | |
| Restaurants and hotels | 21 | $350,000 | |
| Professional and technical services | 14 | $500,000 | |
| Retail | 12 | $375,000 | |
| Other services (repair, personal care) | 11 | $675,000 | |
| Construction | 10 | $455,000 | |
| Administrative and support services | 7 | $500,000 | |
| Education | 6 | $1,011,000 | |
| Arts, entertainment and recreation | 4 | $192,500 |