Pathward National Association: SBA Lending Record
What SBA's own loan files show about Pathward National Association as an SBA lender, and how a lender's record bears on a feasibility study.
Pathward National Association: what SBA lists
The SBA file credits Pathward National Association with 760 loans approved in FY2017 to FY2026, and $1.21 billion in gross dollars. Everything is 7(a); the 504 column holds 0. The page repeats SBA's picture of the loans this lender holds or held and nothing more, so it neither praises nor questions the way the institution works.
A mostly unclassed file
649 of the 760 loans fall into none of our asset classes, so the classed view is a thin slice. Full-service restaurant has 26 loans, limited-service restaurant 20 and fitness center 16. Hotel and motel has 12, automotive mechanical repair (car and truck) 9 and beauty salon 5. With so few classed loans, a borrower learns little about the mix of the book from the counts, and the study of the project must carry the case on its own. For a hotel that means occupancy and rate evidence against competing rooms, for a restaurant sales per seat against rent.
Florida, California and Texas
Florida holds 113 loans, California 92 and Texas 87. New York has 35, North Carolina 33, Georgia 29 and Illinois 26. The spread is wide, and no single state dominates the way a home market would, so a few loans may turn up on record for a borrower in many large states.
Rates in a small cohort
Approvals dated FY2017 to FY2024 carry 12.5% cancelled, a floor, rising to 14.1% once undisbursed loans join the count, the ceiling. Charge-offs to date among the 184 loans disbursed in FY2017 to FY2021 reach 5.4%, a floor, with 2.7% inside five years of approval. A cohort of 184 is small, and a few loans move a rate. Floors may rise as loans season, and the rates pool every trade in the book.
A lender record beside a project
When a borrower weighs several lenders, SBA counts help a little and settle nothing. The feasibility study is what a credit reader examines: demand, cost, coverage of debt service when sales disappoint and the appraised value. The lender's file is background to that study and never a stand-in for it.
SBA loans held by Pathward National Association
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 | 760 |
|---|---|
| Gross dollars approved | $1.21 billion |
| SBA 7(a) loans | 760 |
| SBA 504 loans | 0 |
Cancellation and charge-off
| Cancelled after approval, FY2017 to FY2024 approvals (a floor) | 12.5% |
|---|---|
| The same, counting loans still undisbursed as cancelled (a ceiling) | 14.1% |
| Charged off to date, FY2017 to FY2021 disbursed loans (a floor) | 5.4% |
| Charged off within five years of approval | 2.7% |
| Loans in that cohort | 184 |
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 | 649 |
| Full-service restaurant | 26 |
| Limited-service restaurant | 20 |
| Fitness center | 16 |
| Hotel and motel | 12 |
| Automotive mechanical repair (car and truck) | 9 |
| Beauty salon | 5 |
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 | 113 |
| California | 92 |
| Texas | 87 |
| New York | 35 |
| North Carolina | 33 |
| Georgia | 29 |
| Illinois | 26 |
| Michigan | 26 |
| Ohio | 24 |
| Arizona | 21 |
| New Jersey | 21 |
| Colorado | 18 |
| South Carolina | 18 |
| Virginia | 16 |
| Nevada | 15 |
| Pennsylvania | 14 |
| Washington | 14 |
| Maryland | 13 |
| Missouri | 13 |
| Louisiana | 11 |
| Massachusetts | 11 |
| Minnesota | 11 |
| Utah | 10 |
| Connecticut | 9 |
| Oregon | 8 |
| Alabama | 6 |
| Iowa | 6 |
| Indiana | 6 |
| Tennessee | 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-30776.
Related feasibility study pages
- SBA Lender Feasibility Study Data
- Feasibility studies for SBA 7(a) and 504 loans
- Wells Fargo Bank National Association: SBA Lending Record
- The Bancorp Bank National Association: SBA Lending Record
- Citibank, N.A.: SBA Lending Record
- Dakota Business Finance: SBA Lending Record
- Ally Dakota Development, Inc.: SBA Lending Record
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 Pathward National Association or any other lender. Tell us the project and the lender's deadline, and we reply with scope, timeline and fee.
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