Which SBA lenders are most active with salons, spas, and personal-care businesses?

Ranked by real SBA approval volume (FOIA 7(a) & 504, FY2010–present), the most active are The Huntington National Bank, Wells Fargo Bank National Association, Simmons Bank. The full ranking is on this page.

How is this ranking calculated?

It reflects each lender's total gross SBA loan approvals to salons, spas, and personal-care businesses, from the U.S. SBA's public FOIA loan-approval data — not advertising.

SBA lenders by industry

Top SBA lenders for Salons, Spas & Personal Care

1,270 SBA lenders have funded $6.0B across 26,888 approved 7(a) & 504 loans to salons, spas, and personal-care businesses. Ranked by real approval volume from public SBA FOIA records — not advertising.

#	Lender	State	SBA approvals (Salons, Spas & Personal Care)	Loans	Rating
1	The Huntington National Bank	Ohio	$454M	2,652	2.2(69)
2	Wells Fargo Bank National Association	South Dakota	$302M	1,867	3.0(23)
3	Simmons Bank	Arkansas	$282M	1,021	2.5(22)
4	U.S. Bank, National Association	Ohio	$149M	1,560	2.1(31)
5	Live Oak Banking Company	North Carolina	$146M	131	3.4(145)
6	JPMorgan Chase Bank, National Association	Ohio	$140M	1,086	4.3(144)
7	Newtek Bank, National Association	Florida	$121M	481	2.3(3)
8	Stearns Bank National Association	Minnesota	$120M	507	3.3(34)
9	Readycap Lending, LLC	New Jersey	$79M	470	3.6(95)
10	Byline Bank	Illinois	$77M	110	2.5(18)
11	Newtek Small Business Finance, Inc.	New York	$75M	227	1.7(33)
12	Manufacturers and Traders Trust Company	New York	$75M	860	2.6(24)
13	PNC Bank, National Association	Delaware	$75M	522	3.0(23)
14	BayFirst National Bank	Florida	$70M	379	4.0(84)
15	Celtic Bank Corporation	Utah	$69M	349	4.1(348)
16	KeyBank National Association	Ohio	$67M	343	5.0(2)
17	LendingClub Bank, National Association	Utah	$56M	75	2.3(12)
18	TD Bank, National Association	Delaware	$56M	1,070	3.0(38)
19	Harvest Small Business Finance, LLC	California	$51M	70	3.7(116)
20	Northeast Bank	Minnesota	$49M	454	4.0(28)
21	First Internet Bank of Indiana	Indiana	$49M	43	4.4(557)
22	Bank of Hope	California	$48M	196	3.1(21)
23	Beacon Bank and Trust	Massachusetts	$48M	131	5.0(8)
24	Zions Bank, A Division of	Utah	$48M	287	2.4(67)
25	SouthState Bank, National Association	Florida	$48M	114	3.1(38)

Source: U.S. SBA 7(a) & 504 FOIA loan-approval records (FY2010–present).

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