SBA Loans for Securities Brokerage: Top Lenders & Recent Approvals
NAICS 523NAICS 523 covers securities brokerage businesses. Based on historical SBA 7(a) lending data.
Total Approvals
319
for Securities Brokerage
Median Loan Size
$300,000
per approval
Recent Activity
15
last 90 days through Dec 2025
NAICS 523 covers securities brokerage businesses. This is a moderately active sector for SBA 7(a) lending with 319 approvals and a median loan size of $300,000.
Key trends & insights
- SBA lending to securities brokerage businesses grew 27% year-over-year — from 155 to 197 approvals.
- Securities Brokerage lending is concentrated — Live OAK Banking Company, Byline Bank, TD Bank, National Association together account for 59% of all approvals. If you're in this industry, these are your highest-probability lenders.
- Live OAK Banking Company leads this industry with 193 approvals (28% market share) and a median loan of $500,000.
- Loan sizes vary dramatically by location — the median in Florida ($540,000) is 9.0x higher than Washington ($60,000).
Lending trends for Securities Brokerage
Top lenders by historical volume
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 193 | $500,000 | |
| 2 | 165 | $625,000 | |
| 3 | 53 | $50,000 | |
| 4 | 42 | $76,200 | |
| 5 | 34 | $150,000 | |
| 6 | 28 | $250,000 | |
| 7 | 25 | $40,000 | |
| 8 | 22 | $150,000 | |
| 9 | 20 | $249,900 | |
| 10 | 18 | $325,000 | |
| 11 | 15 | $200,000 | |
| 12 | 12 | $650,000 | |
| 13 | 12 | $500,000 | |
| 14 | 12 | $731,500 | |
| 15 | 9 | $75,000 | |
| 16 | 9 | $540,000 | |
| 17 | 9 | $1,995,000 | |
| 18 | 8 | $100,000 | |
| 19 | 7 | $247,400 | |
| 20 | 7 | $20,000 |
Recent SBA 7(a) approvals for Securities Brokerage
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-12 | Live Oak Banking Company | ASP*****LLC | CHESTERTON, IN | $615,000 |
| 2025-12 | Live Oak Banking Company | Cap*****LLC | PALM COAST, FL | $150,000 |
| 2025-12 | Northeast Bank | MIC*****INC | MURRIETA, CA | $280,000 |
| 2025-12 | Byline Bank | Ric*****urt | FRANKLIN SQUARE, NY | $625,000 |
| 2025-12 | MY CU | Joh*****.C. | MINNEAPOLIS, MN | $30,000 |
| 2025-12 | Live Oak Banking Company | Mor*****LLC | CONROE, TX | $540,000 |
| 2025-12 | Newtek Bank, National Association | Squ*****LLC | Northbrook, IL | $50,000 |
| 2025-12 | Guaranty Bank | KGS****LLC | SPRINGFIELD, MO | $1,469,200 |
| 2025-11 | Live Oak Banking Company | Nau*****LLC | IRVING, TX | $350,000 |
| 2025-11 | Newtek Bank, National Association | Mar*****LLC | NEW YORK, NY | $350,000 |
| 2025-11 | Live Oak Banking Company | SG***LLC | ISSAQUAH, WA | $1,382,000 |
| 2025-11 | TD Bank, National Association | Rya*****rer | RED BANK, NJ | $60,000 |
| 2025-11 | Eastern Bank | Lig*****LLC | MARBLEHEAD, MA | $75,000 |
| 2025-11 | Eastern Bank | Lig*****LLC | MARBLEHEAD, MA | $125,000 |
| 2025-11 | Live Oak Banking Company | Fin*****nc. | CUMMING, GA | $150,000 |
| 2025-11 | The Huntington National Bank | Sag*****LLC | SYLVANIA, OH | $40,000 |
| 2025-11 | Mountain America FCU | CA *****ent | MURRAY, UT | $509,600 |
| 2025-11 | Summit CU | Blp*****LLC | Middleton, WI | $221,500 |
| 2025-11 | Live Oak Banking Company | Hea*****nc. | BISMARCK, ND | $350,000 |
| 2025-11 | Ives Bank | GRA*****LLC | STAMFORD, CT | $250,000 |
| 2025-11 | Live Oak Banking Company | FUL*****INC | TEMECULA, CA | $350,000 |
| 2025-11 | Newtek Bank, National Association | 1V1*****ion | NEW YORK, NY | $2,000,000 |
| 2025-11 | Enterprise Bank & Trust | Axb*****any | SUN CITY WEST, AZ | $212,800 |
| 2025-11 | Live Oak Banking Company | PAR*****LLC | GREENWOOD VILLAGE, CO | $100,000 |
| 2025-11 | The Huntington National Bank | Ele*****LLC | COLUMBUS, OH | $76,200 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
Activity by state
State-by-state breakdown
| # | State | Approvals |
|---|---|---|
| 1 | California | 26 |
| 2 | Florida | 25 |
| 3 | Texas | 21 |
| 4 | New York | 20 |
| 5 | Ohio | 19 |
| 6 | New Jersey | 17 |
| 7 | Michigan | 13 |
| 8 | Massachusetts | 13 |
| 9 | Pennsylvania | 11 |
| 10 | Oregon | 10 |
| 11 | North Carolina | 10 |
| 12 | Illinois | 9 |
| 13 | Wisconsin | 9 |
| 14 | Maryland | 9 |
| 15 | Utah | 7 |
| 16 | Colorado | 7 |
| 17 | Missouri | 7 |
| 18 | Virginia | 7 |
| 19 | Washington | 6 |
| 20 | Minnesota | 6 |
| 21 | South Carolina | 5 |
| 22 | Hawaii | 5 |
| 23 | Louisiana | 4 |
| 24 | Nebraska | 4 |
| 25 | Tennessee | 4 |
SBA loans for Securities Brokerage by state
Similar industries
Frequently asked questions about SBA loans for Securities Brokerage
Who are the top SBA lenders for Securities Brokerage?▾
Based on historical SBA 7(a) data, the most active lenders for Securities Brokerage (NAICS 523) include Live OAK Banking Company, Byline Bank, TD Bank, National Association, and 17 more. Live OAK Banking Company leads with 193 approved loans.
What is the typical SBA loan size for Securities Brokerage?▾
The median SBA 7(a) loan amount for Securities Brokerage businesses is $300,000, based on 319 total approved loans in the dataset.
Which states have the most SBA lending activity for Securities Brokerage?▾
California leads with 26 SBA 7(a) approvals for Securities Brokerage, followed by Florida (25) and Texas (21).
How do I find the best SBA lender for my securities brokerage business?▾
Start by reviewing the lender rankings on this page, which are based on real SBA approval data for NAICS 523. 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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