Northeast Bank approved 13,548 SBA loans worth $2.1B between October 2021 and June 2026, ranking #4 of 2,283 SBA lenders nationally by loan count. Its median loan was $125,000, and 11% went to startups or businesses under two years old. It lent in 51 states, most often in California, and its most financed industry was construction.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| California | 2,150 | $371.4M | $150,000 | #2 |
| Florida | 1,288 | $207.0M | $125,000 | #6 |
| Texas | 1,213 | $189.4M | $122,500 | #3 |
| New York | 932 | $163.7M | $150,000 | #4 |
| New Jersey | 600 | $90.6M | $100,000 | #3 |
| Georgia | 552 | $82.0M | $124,400 | #3 |
| Illinois | 548 | $87.2M | $132,000 | #5 |
| North Carolina | 427 | $61.4M | $110,000 | #3 |
| Pennsylvania | 425 | $66.4M | $130,000 | #4 |
| Colorado | 341 | $55.6M | $120,000 | #6 |
| Virginia | 332 | $49.1M | $107,700 | #4 |
| Arizona | 307 | $46.1M | $145,400 | #6 |
| Washington | 307 | $47.9M | $125,000 | #5 |
| Michigan | 288 | $42.6M | $100,000 | #6 |
| Maryland | 270 | $41.9M | $120,000 | #2 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Construction | 2,008 | $150,000 | |
| Professional and technical services | 1,855 | $100,000 | |
| Retail | 1,623 | $140,000 | |
| Health care and social assistance | 1,201 | $112,000 | |
| Restaurants and hotels | 1,160 | $133,000 | |
| Other services (repair, personal care) | 1,160 | $100,000 | |
| Transportation and warehousing | 996 | $86,600 | |
| Administrative and support services | 718 | $120,050 | |
| Manufacturing | 713 | $143,300 | |
| Wholesale trade | 711 | $150,000 |