Sovereign Bank approved 13 SBA loans worth $7.9M between October 2021 and June 2026, ranking #1073 of 2,283 SBA lenders nationally by loan count. Its median loan was $220,000, and 23% went to startups or businesses under two years old. It lent in 1 states, most often in Oklahoma, and its most financed industry was manufacturing.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| Oklahoma | 13 | $7.9M | $220,000 | #38 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Manufacturing | 3 | $220,000 | |
| Professional and technical services | 3 | $220,000 | |
| Other services (repair, personal care) | 3 | $180,000 | |
| Retail | 3 | $386,000 | |
| Finance and insurance | 1 | $2,520,000 |