SBA 7(a) program
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Live Oak Bank Leads Nation in SBA 7(a) Lending Activity
Globenewswireยท 2025-10-06 20:30
Core Insights - Live Oak Bank has been recognized as the most active SBA 7(a) lender by dollar amount for the fiscal year 2025, as reported by the U.S. Small Business Administration [1] - The bank approved 2,280 SBA loans under the 7(a) program, totaling over $2.8 billion in funding for small business owners across the United States [2] Company Overview - Live Oak Bancshares, Inc. is the parent company of Live Oak Bank, focusing on redefining banking through service and technology [4] - The company aims to be the preferred bank for small businesses by providing exceptional customer service and leveraging its expertise in SBA lending [3]