Newtek Bank, National Association: SBA Lending Record

Newtek Bank: SBA record

14,946 loans for FY2017 to FY2026 stand against Newtek Bank, National Association. At Newtek Bank, gross dollars approved come to $6.07 billion. The Newtek Bank book of 14,946 is SBA 7(a) business, with Newtek Bank at 0 SBA 504 loans. Newtek Bank lists Florida as its state. Newtek Bank holds 14,946 loans now or at last record. For Newtek Bank, SBA guarantees 14,946. Earlier holders of the 14,946 do not show. Who first financed a Newtek Bank loan is not shown, nor how Newtek Bank judges a request.

Newtek Bank: class mix

The class view leaves 10,993 of 14,946 unplaced at Newtek Bank. Newtek Bank: full-service restaurant at 960, automotive mechanical repair at 401, then limited-service restaurant at 371. Also at Newtek Bank: fitness center at 318, then medical office at 311, next coffee shop and snack bar at 241. Then at Newtek Bank: beauty salon at 239, dental office at 180, then child care center at 165. Lower at Newtek Bank: rehabilitation and therapy clinic at 120; data center at 97, liquor store at 71. 10,993 unplaced loans lead the Newtek Bank table, so Newtek Bank covers under half of 14,946 in a class comparison.

Newtek Bank by state

By state, California leads Newtek Bank with 2,233 loans, then Florida with 2,097 and Texas with 1,456. The Newtek Bank table continues through New York at 985, Georgia at 692, New Jersey at 521, Illinois at 436, Colorado at 417, Pennsylvania at 390 and North Carolina at 387, then smaller counts. For Newtek Bank, home state Florida shows 2,097 loans. Use the Newtek Bank spread to see how far 14,946 holdings extend past Florida.

Newtek Bank: cancellations

Newtek Bank cancellation floor, FY2017 to FY2024: 32.8% of 14,946 approvals. Our own rule withholds the Newtek Bank ceiling. The Newtek Bank charge-off rate is withheld too. Newtek Bank's cohorts are too small.

Newtek Bank: reading the record

Newtek Bank offers borrowers facts about holdings, and 14,946 loans are those facts. Newtek Bank has another: the 32.8% floor. At Newtek Bank, neither fact predicts a decision. A Newtek Bank project stands on own numbers. The Newtek Bank study should pick out the 14,946 loans that resemble it. For Newtek Bank, it should flag the differences. Newtek Bank reads the project against 14,946 loans. A cancellation floor of 32.8% at Newtek Bank describes the past, not the future.

Newtek Bank: the study

With Newtek Bank in view, 14,946 loans frame the study, not the Newtek Bank decision. For full-service restaurant, Newtek Bank has 960 loans, the nearest comparison. Newtek Bank: the study tests sales per seat. Newtek Bank needs labour cost tested too. Show Newtek Bank coverage in a slow year too. Newtek Bank needs an appraisal that supports it. Newtek Bank offers just 10,993 unplaced loans for an unnamed type. Newtek Bank's study makes the case. Newtek Bank holds 2,233 loans in California. Elsewhere, Newtek Bank holdings need a reason. The Newtek Bank floor of 32.8% is a warning. The Newtek Bank study should allow for delay.