NAICS 523930 Quarterly Industry Report
Investment Advice
Comprehensive industry research for valuation professionals, business owners, buyers, and lenders
Industry Definition & Overview
NAICS Classification Hierarchy
| Level | Description | Code |
|---|---|---|
| Sector | Finance and Insurance | 52 |
| Subsector | Securities, Commodity Contracts, and Other Financial Investments and Related Activities | 523 |
| Industry Group | Other Financial Investment Activities | 5239 |
Geographic Concentration
Top states by share of national establishments.
| # | State | % Est. | Total Est. |
|---|---|---|---|
| 1 | California | 13.0% | 3,169 |
| 2 | Florida | 8.3% | 2,021 |
| 3 | Texas | 7.7% | 1,879 |
| 4 | New York | 6.7% | 1,634 |
| 5 | Illinois | 3.8% | 931 |
| 6 | Pennsylvania | 3.7% | 896 |
| 7 | Ohio | 3.5% | 838 |
| 8 | North Carolina | 3.1% | 758 |
| 9 | Colorado | 3.0% | 725 |
| 10 | New Jersey | 2.8% | 685 |
SBA Lending Summary
Top SBA Lenders
| # | Lender | Loans | Volume | Avg Loan |
|---|---|---|---|---|
| 1 | Pathward National Association | 8 | $24.9M | $3.1M |
| 2 | TD Bank, National Association | 8 | $520K | $65K |
Sources & References
Government datasets and editorial sources used in this report.
- [1]U.S. Census Bureau, County Business Patterns census.gov
- [2]U.S. Small Business Administration, SBA 7(a) Loan Program Data data.sba.gov
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