Live Oak Bank Named Nation's Top SBA 7(a) Lender
Globe Newswire•19/10/2026•08:30 ET
0
Key Highlights
- ➤Live Oak Bank ranked nation’s top SBA 7(a) lender by dollar amount
- ➤Live Oak approved 2,411 SBA 7(a) loans during fiscal 2026
- ➤SBA 7(a) lending exceeded $2.58 billion for Live Oak borrowers
Expert Statements
James S. (Chip) Mahan III, Chairman and CEO of Live Oak Bancshares
“Small businesses are the backbone of the American economy, and the SBA 7(a) program is one of the most effective tools we have to help them start, grow and create jobs in their communities.”
James S. (Chip) Mahan III, Chairman and CEO of Live Oak Bancshares
“Being recognized as the nation’s most active 7(a) lender is a tremendous honor, and it reflects our responsibility to keep capital flowing to the entrepreneurs who power local economies across the country.”
William C. (BJ) Losch III, President of Live Oak Bank
“Live Oak’s model is built around deep industry expertise, a dedicated team of specialists and technology that makes the borrowing experience simpler.”
William C. (BJ) Losch III, President of Live Oak Bank
“By focusing on the industries we know best and serving customers from application through closing and beyond, we help entrepreneurs move faster and with greater confidence. This recognition reflects the work our team does every day to be America’s bank for small businesses.”
WILMINGTON, N.C., Oct. 19, 2026 (GLOBE NEWSWIRE) -- Live Oak Bank has been named the top SBA 7(a) lender by dollar amount, according to rankings from the U.S. Small Business Administration.
The SBA posted the rankings on its website. They cover the agency's 2026 fiscal year, which ended Sept. 30, 2026.
Get started
Create a free account to read the full story.