Live Oak Banking Company
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Live Oak Banking Company · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 541940 | Veterinary Services | 2,166 | $2.75B | $1.3M | 13.1% |
| 621210 | Offices of Dentists | 1,950 | $2.78B | $1.4M | 11.8% |
| 112320 | Broilers and Other Meat Type Chicken Production | 654 | $1.33B | $2.0M | 4.0% |
| 531130 | Lessors of Miniwarehouses and Self-Storage Units | 610 | $1.23B | $2.0M | 3.7% |
| 524210 | Insurance Agencies and Brokerages | 574 | $527.7M | $919K | 3.5% |
| 812210 | Funeral Homes and Funeral Services | 567 | $835.8M | $1.5M | 3.4% |
| 722513 | Limited-Service Restaurants | 357 | $382.0M | $1.1M | 2.2% |
| 238220 | Plumbing, Heating, and Air-Conditioning Contractors | 322 | $303.5M | $943K | 1.9% |
| 811111 | General Automotive Repair | 277 | $286.9M | $1.0M | 1.7% |
| 621610 | Home Health Care Services | 272 | $255.6M | $940K | 1.6% |
Geographic Distribution
SBA lending activity for Live Oak Banking Company by state
| State | Loans | Volume | Share |
|---|---|---|---|
| California (CA) | 2,110 | $2.76B | 12.8% |
| Texas (TX) | 1,649 | $2.30B | 10.0% |
| Florida (FL) | 1,233 | $1.63B | 7.5% |
| North Carolina (NC) | 1,024 | $1.33B | 6.2% |
| Georgia (GA) | 688 | $912.4M | 4.2% |
| Colorado (CO) | 713 | $910.0M | 4.3% |
| New York (NY) | 568 | $693.8M | 3.4% |
| Virginia (VA) | 458 | $645.8M | 2.8% |
| Ohio (OH) | 466 | $595.1M | 2.8% |
| Pennsylvania (PA) | 468 | $570.0M | 2.8% |
| Washington (WA) | 391 | $559.3M | 2.4% |
| Illinois (IL) | 451 | $556.5M | 2.7% |
| Arizona (AZ) | 434 | $552.8M | 2.6% |
| Michigan (MI) | 413 | $545.8M | 2.5% |
| New Jersey (NJ) | 410 | $524.2M | 2.5% |
| Tennessee (TN) | 327 | $435.0M | 2.0% |
| South Carolina (SC) | 342 | $432.1M | 2.1% |
| Massachusetts (MA) | 317 | $401.6M | 1.9% |
| Missouri (MO) | 231 | $371.1M | 1.4% |
| Alabama (AL) | 240 | $351.1M | 1.5% |
| Oregon (OR) | 277 | $334.0M | 1.7% |
| Maryland (MD) | 241 | $325.6M | 1.5% |
| Indiana (IN) | 242 | $319.1M | 1.5% |
| Arkansas (AR) | 183 | $295.4M | 1.1% |
| Utah (UT) | 219 | $294.3M | 1.3% |
| Connecticut (CT) | 221 | $277.4M | 1.3% |
| Wisconsin (WI) | 197 | $239.3M | 1.2% |
| Minnesota (MN) | 178 | $235.1M | 1.1% |
| Oklahoma (OK) | 155 | $229.7M | 0.9% |
| Kentucky (KY) | 168 | $224.3M | 1.0% |
| Louisiana (LA) | 168 | $210.1M | 1.0% |
| Nevada (NV) | 128 | $180.3M | 0.8% |
| New Mexico (NM) | 125 | $177.1M | 0.8% |
| Idaho (ID) | 115 | $149.0M | 0.7% |
| Mississippi (MS) | 105 | $146.4M | 0.6% |
| Kansas (KS) | 118 | $141.6M | 0.7% |
| New Hampshire (NH) | 101 | $116.5M | 0.6% |
| Montana (MT) | 78 | $99.0M | 0.5% |
| Nebraska (NE) | 71 | $94.4M | 0.4% |
| Delaware (DE) | 61 | $84.5M | 0.4% |
| Iowa (IA) | 69 | $81.7M | 0.4% |
| Maine (ME) | 63 | $69.5M | 0.4% |
| Alaska (AK) | 47 | $61.5M | 0.3% |
| Wyoming (WY) | 44 | $58.8M | 0.3% |
| West Virginia (WV) | 43 | $45.3M | 0.3% |
| Hawaii (HI) | 33 | $41.5M | 0.2% |
| Vermont (VT) | 32 | $35.4M | 0.2% |
| Rhode Island (RI) | 38 | $34.4M | 0.2% |
| District of Columbia (DC) | 17 | $29.8M | 0.1% |
| South Dakota (SD) | 16 | $27.4M | 0.1% |
| PR (PR) | 10 | $22.1M | 0.1% |
| North Dakota (ND) | 12 | $10.8M | 0.1% |
| VI (VI) | 6 | $8.7M | 0.0% |
Why Choose Live Oak Banking Company?
Based on SBA 7(a) lending track record from 2007-2025
- ✓Proven Track Record: 16,514 SBA loans approved, totaling $21.78B in financing
- ✓Industry Expertise: Specialized focus on Veterinary Services, Offices of Dentists, Broilers and Other Meat Type Chicken Production
- ✓Competitive Terms: Average interest rate of 6.91% with flexible term lengths averaging 187 months
- ✓Loan Range: Loan sizes from $19K to $5.0M, with an average of $1.3M
- ✓Nationwide Reach: Active lending in 53 states, with strong presence in CA, TX, FL
Note: Approval and terms are subject to SBA and lender requirements. This profile is based on historical data and does not guarantee future lending decisions.
Frequently Asked Questions
Common questions about Live Oak Banking Company SBA lending
What types of businesses does Live Oak Banking Company typically finance?
Live Oak Banking Company specializes in SBA 7(a) lending to specific industries including veterinary services, offices of dentists, broilers and other meat type chicken production, lessors of miniwarehouses and self-storage units. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Live Oak Banking Company's typical SBA loan terms?
Live Oak Banking Company's SBA 7(a) loans typically feature an average interest rate of 6.91% and average term length of 187 months (approximately 16 years). Loan sizes range from $19K to $5.0M, with an average loan size of $1.3M.
Do I need a business valuation for a Live Oak Banking Company SBA loan?
Yes, Live Oak Banking Company typically requires a professional business valuation for SBA loans over $250,000 or for change-of-ownership transactions. A certified valuation helps establish the purchase price, loan amount, and ensures SBA compliance. The valuation typically costs $5,000-$15,000 depending on business complexity.
How does Live Oak Banking Company compare to other SBA lenders?
Live Oak Banking Company has originated 16,514 SBA loans totaling $21.78B since 2007. They distinguish themselves through industry specialization and expertise in their focus sectors. Compare their rates and terms with other lenders in our Commercial Lending Directory.
What states does Live Oak Banking Company lend in?
Live Oak Banking Company provides SBA 7(a) financing with particularly strong presence in CA, TX, FL, NC, CO. Based on their lending history, they have experience with diverse state-specific business regulations and licensing requirements.
Research Your Target Industry Before Applying
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