SBA Loans for Data Processing: Top Lenders & Recent Approvals
NAICS 518NAICS 518 covers data processing, hosting, and related services businesses. Based on historical SBA 7(a) lending data.
Total Approvals
130
for Data Processing
Median Loan Size
$250,000
per approval
Recent Activity
8
last 90 days through Nov 2025
NAICS 518 covers data processing, hosting, and related services businesses. This is a moderately active sector for SBA 7(a) lending with 130 approvals and a median loan size of $250,000.
Key trends & insights
- SBA lending to data processing businesses declined 22% year-over-year — from 102 to 80 approvals.
- Total SBA dollars flowing into this industry decreased by 34% year-over-year, reaching $34,115,700 in the trailing 12 months.
- Newtek Bank, National Association leads this industry with 50 approvals (18% market share) and a median loan of $350,000.
- Loan sizes vary dramatically by location — the median in Missouri ($480,500) is 4.8x higher than Maryland ($100,000).
Lending trends for Data Processing
Top lenders by historical volume
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 50 | $350,000 | |
| 2 | 26 | $150,000 | |
| 3 | 23 | $112,000 | |
| 4 | 21 | $150,000 | |
| 5 | 17 | $750,000 | |
| 6 | 15 | $250,000 | |
| 7 | 15 | $200,000 | |
| 8 | 14 | $85,000 | |
| 9 | 14 | $350,000 | |
| 10 | 12 | $350,000 | |
| 11 | 11 | $50,000 | |
| 12 | 10 | $60,000 | |
| 13 | 9 | $20,000 | |
| 14 | 8 | $262,000 | |
| 15 | 7 | $150,000 | |
| 16 | 4 | $50,000 | |
| 17 | 4 | $21,000 | |
| 18 | 4 | $577,000 | |
| 19 | 4 | $2,250,000 | |
| 20 | 4 | $1,560,000 |
Recent SBA 7(a) approvals for Data Processing
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-12 | Financial Resources Federal Credit Union | Tec*****ion | BRANCHBURG, NJ | $4,880,000 |
| 2025-12 | Newtek Bank, National Association | Bon*****LLC | FRISCO, TX | $250,000 |
| 2025-12 | Accion Opportunity Fund Community Development | Vis*****LLC | Irving, TX | $350,000 |
| 2025-12 | JPMorgan Chase Bank, National Association | LIG*****INC | BOULDER, CO | $250,000 |
| 2025-12 | DreamSpring | Go *****LLC | Mckinney, TX | $53,300 |
| 2025-11 | JPMorgan Chase Bank, National Association | Tzu****nc. | AURORA, IL | $304,600 |
| 2025-11 | BayFirst National Bank | INT*****NC. | ROCKLIN, CA | $350,000 |
| 2025-11 | Idaho Central CU | Bri*****LLC | STAR, ID | $250,000 |
| 2025-11 | TD Bank, National Association | Sae*****Co. | MIAMI, FL | $25,000 |
| 2025-09 | City National Bank | Ult*****nup | NASHVILLE, TN | $200,000 |
| 2025-09 | Byline Bank | MSP*****nc. | CHATSWORTH, CA | $522,000 |
| 2025-09 | City National Bank | Ult*****nup | NASHVILLE, TN | $2,325,000 |
| 2025-09 | Live Oak Banking Company | THE*****LLC | SALEM, UT | $575,000 |
| 2025-09 | Live Oak Banking Company | THE*****LLC | SALEM, UT | $660,000 |
| 2025-09 | Capital Bank, National Association | SIG*****LLC | Cookeville, TN | $150,000 |
| 2025-09 | Celtic Bank Corporation | Oli*****LLC | Derby, KS | $66,600 |
| 2025-09 | JPMorgan Chase Bank, National Association | Tec*****LLC | PALATINE, IL | $1,726,100 |
| 2025-08 | Cadence Bank | Lea*****LLC | Pearl, MS | $676,000 |
| 2025-08 | Northeast Bank | Sal*****LLC | Seattle, WA | $50,000 |
| 2025-08 | CIBC Bank USA | Pre*****nc. | ELGIN, IL | $431,000 |
| 2025-08 | CIBC Bank USA | Pre*****nc. | ELGIN, IL | $175,000 |
| 2025-08 | Zions Bank, A Division of | Nav*****Inc | CARROLLTON, TX | $650,000 |
| 2025-08 | Stearns Bank National Association | COM*****ION | GREENSBORO, NC | $260,000 |
| 2025-08 | Northeast Bank | IRI*****NC. | ELMHURST, IL | $65,700 |
| 2025-08 | PeopleFund | Spa*****LLC | DRIFTWOOD, TX | $115,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
Activity by state
State-by-state breakdown
| # | State | Approvals |
|---|---|---|
| 1 | Texas | 15 |
| 2 | California | 13 |
| 3 | New York | 10 |
| 4 | Florida | 8 |
| 5 | North Carolina | 7 |
| 6 | Maryland | 6 |
| 7 | Michigan | 5 |
| 8 | Massachusetts | 5 |
| 9 | Missouri | 5 |
| 10 | Oregon | 4 |
| 11 | Ohio | 4 |
| 12 | Illinois | 4 |
| 13 | Georgia | 4 |
| 14 | Nevada | 3 |
| 15 | Virginia | 3 |
| 16 | Kentucky | 3 |
| 17 | West Virginia | 2 |
| 18 | Wisconsin | 2 |
| 19 | Washington | 2 |
| 20 | Indiana | 2 |
| 21 | South Carolina | 2 |
| 22 | Colorado | 2 |
| 23 | Connecticut | 2 |
| 24 | Puerto Rico | 2 |
| 25 | Wyoming | 1 |
SBA loans for Data Processing by state
Similar industries
Frequently asked questions about SBA loans for Data Processing
Who are the top SBA lenders for Data Processing?▾
Based on historical SBA 7(a) data, the most active lenders for Data Processing (NAICS 518) include Newtek Bank, National Association, THE Huntington National Bank, Northeast Bank, and 17 more. Newtek Bank, National Association leads with 50 approved loans.
What is the typical SBA loan size for Data Processing?▾
The median SBA 7(a) loan amount for Data Processing businesses is $250,000, based on 130 total approved loans in the dataset.
Which states have the most SBA lending activity for Data Processing?▾
Texas leads with 15 SBA 7(a) approvals for Data Processing, followed by California (13) and New York (10).
How do I find the best SBA lender for my data processing business?▾
Start by reviewing the lender rankings on this page, which are based on real SBA approval data for NAICS 518. You can also use the MyLenderPilot Lender Fit Quiz to get a personalized ranking based on your state, loan size, and years in business.
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