Truist Bank approved 427 SBA loans worth $572.5M between October 2021 and June 2026, ranking #105 of 2,283 SBA lenders nationally by loan count. Its median loan was $835,000, and 26% went to startups or businesses under two years old. It lent in 19 states, most often in Florida, and its most financed industry was restaurants and hotels.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| Florida | 134 | $170.2M | $834,250 | #33 |
| North Carolina | 56 | $58.8M | $599,000 | #36 |
| Georgia | 47 | $49.2M | $742,300 | #44 |
| Virginia | 39 | $44.0M | $657,000 | #35 |
| Texas | 32 | $57.4M | $1,317,250 | #110 |
| Maryland | 31 | $42.2M | $960,000 | #25 |
| Pennsylvania | 28 | $50.9M | $1,222,500 | #50 |
| South Carolina | 16 | $11.3M | $349,500 | #38 |
| Tennessee | 9 | $6.7M | $336,000 | #60 |
| Alabama | 9 | $19.7M | $1,279,000 | #48 |
| New York | 8 | $19.9M | $2,128,750 | #123 |
| New Jersey | 6 | $14.2M | $1,907,500 | #101 |
| Ohio | 5 | $8.6M | $1,944,800 | #117 |
| District of Columbia | 2 | $6.6M | $3,321,600 | #55 |
| Colorado | 1 | $1.9M | $1,867,500 | #245 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Restaurants and hotels | 62 | $829,400 | |
| Retail | 61 | $612,000 | |
| Construction | 52 | $1,460,600 | |
| Professional and technical services | 46 | $1,331,250 | |
| Health care and social assistance | 43 | $508,800 | |
| Manufacturing | 34 | $1,566,200 | |
| Other services (repair, personal care) | 32 | $702,050 | |
| Wholesale trade | 26 | $1,016,500 | |
| Administrative and support services | 20 | $364,500 | |
| Transportation and warehousing | 17 | $954,800 |