Evolve Bank and Trust: SBA Lending Record
What SBA's own loan files show about Evolve Bank and Trust as an SBA lender, and how a lender's record bears on a feasibility study.
Evolve: SBA record
356 loans for FY2017 to FY2026 stand against Evolve Bank and Trust. At Evolve, gross dollars approved come to $347.0 million. The Evolve book of 356 is SBA 7(a) business, with Evolve at 0 SBA 504 loans. Evolve lists Arkansas as its state. Evolve holds 356 loans now or at last record. For Evolve, SBA guarantees 356. Earlier holders of the 356 do not show. Who first financed a Evolve loan is not shown, nor how Evolve judges a request.
Evolve: class mix
The class view leaves 207 of 356 unplaced at Evolve. Evolve: limited-service restaurant at 31, assisted living at 19, then full-service restaurant at 19. Also at Evolve: fitness center at 12, then child care center at 11, next automotive mechanical repair at 10. Then at Evolve: medical office at 7, car wash at 6, then grocery store at 6. 207 unplaced loans lead the Evolve table, so Evolve covers under half of 356 in a class comparison.
Evolve by state
By state, Florida leads Evolve with 47 loans, then California with 43 and Arizona with 31. The Evolve table continues through Oregon at 28, Colorado at 26, Washington at 26, Texas at 25, Pennsylvania at 12, Tennessee at 12 and Utah at 12, then smaller counts. For Evolve, home state Arkansas shows 8 loans. Use the Evolve spread to see how far 356 holdings extend past Arkansas.
Evolve: cancellations
Evolve cancellation floor, FY2017 to FY2024: 9.3% of 356 approvals. Our own rule withholds the Evolve five-year figure. Evolve's cohorts are too small. Evolve ceiling: 9.3%, counting undisbursed loans as cancelled. Evolve: floor and ceiling meet. Of Evolve's 162 FY2017 to FY2021 disbursements, at least 3.7% are charged off to date. The Evolve figure of 3.7% is a floor. Open Evolve loans can still be charged off.
Evolve: reading the record
Evolve offers borrowers facts about holdings, and 356 loans are those facts. Evolve has another: the 9.3% floor. At Evolve, neither fact predicts a decision. A Evolve project stands on own numbers. The Evolve study should pick out the 356 loans that resemble it. For Evolve, it should flag the differences. Evolve reads the project against 356 loans. A cancellation floor of 9.3% at Evolve describes the past, not the future.
Evolve: the study
With Evolve in view, 356 loans frame the study, not the Evolve decision. For limited-service restaurant, Evolve has 31 loans, the nearest comparison. Evolve: the study tests ticket counts. Evolve needs build-out cost tested too. Show Evolve coverage in a slow year too. Evolve needs an appraisal that supports it. Evolve offers just 207 unplaced loans for an unnamed type. Evolve's study makes the case. Evolve holds 47 loans in Florida. Elsewhere, Evolve holdings need a reason. The Evolve floor of 9.3% is a warning. The Evolve study should allow for delay.
SBA loans held by Evolve Bank and Trust
SBA guarantees these loans; the lender does not. The lender's name and every figure come from the U.S. Small Business Administration's public 7(a) and 504 FOIA file (data.sba.gov).
7(a) lender is the bank or lender the loan is currently assigned to (or last held it), as SBA records it; 504 lender is the Certified Development Company (CDC). 504 third-party (first-lien) lenders are free text with no identifier and are not credited.
| Loans approved, FY2017 to FY2026 | 356 |
|---|---|
| Gross dollars approved | $347.0 million |
| SBA 7(a) loans | 356 |
| SBA 504 loans | 0 |
Cancellation and charge-off
| Cancelled after approval, FY2017 to FY2024 approvals (a floor) | 9.3% |
|---|---|
| The same, counting loans still undisbursed as cancelled (a ceiling) | 9.3% |
| Charged off to date, FY2017 to FY2021 disbursed loans (a floor) | 3.7% |
| Charged off within five years of approval | withheld |
| Loans in that cohort | 162 |
Both rates are floors. SBA withholds the status of open loans, so a loan counts as charged off only once SBA reports it; a rate needs at least 30 loans in its cohort and is otherwise not reported.
Loans by asset class
| Asset class | Loans |
|---|---|
| Not in any of the 39 asset classes | 207 |
| Limited-service restaurant | 31 |
| Assisted living (without nursing care) | 19 |
| Full-service restaurant | 19 |
| Fitness center | 12 |
| Child care center | 11 |
| Automotive mechanical repair (car and truck) | 10 |
| Medical office (physicians) | 7 |
| Car wash | 6 |
| Grocery store | 6 |
Classes with 5 or more loans; smaller ones are withheld, and more where a small one could be derived.
Loans by project state
| State or area | Loans |
|---|---|
| Florida | 47 |
| California | 43 |
| Arizona | 31 |
| Oregon | 28 |
| Colorado | 26 |
| Washington | 26 |
| Texas | 25 |
| Pennsylvania | 12 |
| Tennessee | 12 |
| Utah | 12 |
| New York | 11 |
| Arkansas | 8 |
| Ohio | 8 |
| Virginia | 7 |
| North Carolina | 6 |
| New Jersey | 6 |
| Georgia | 5 |
| Illinois | 5 |
| Michigan | 5 |
| South Carolina | 5 |
States with 5 or more loans; smaller ones are withheld, and more where a small one could be derived.
A value marked withheld rests on fewer than 5 loans, or is withheld so that such a figure cannot be derived from other published figures.
Source: U.S. Small Business Administration, 7(a) and 504 loan-level FOIA files (data.sba.gov), as of 2026-09-30; Loan Analytics lender cell LP-fdic-1299.
Related feasibility study pages
Loan Analytics prepares the feasibility study a lender reads before it commits: for a commercial project anywhere in the United States, financed under SBA 7(a), SBA 504, USDA Business and Industry or a conventional bank loan, by Evolve Bank and Trust or any other lender. Tell us the project and the lender's deadline, and we reply with scope, timeline and fee.
Request Scope & Timeline
Start with the data.
Contact Us