SHANE PIERSON · SBA DATA
SBA Lenders · Merchants Bank, National Association

SBA Lending by Merchants Bank, National Association

Merchants Bank, National Association is an active SBA 7(a) lender, ranked #276 nationally by all-time volume, with 524 approved 7(a) loans worth $130M on record.

524
7(a) loans made
$130M
Approved dollars
$247,979
Average loan size
#276
Rank, all-time volume
#251
Rank, volume since 2020
0.0%
Share of U.S. 7(a) since 2020
-58%
Annualized vs prior decade
9.7%
Active-loan distress
27%
Made under PLP authority

Between 1991 and mid-2026, Merchants Bank, National Association approved 524 SBA 7(a) loans worth $130M across the country, at an average of $247,979 per loan. That places it #276 among all U.S. SBA 7(a) lenders. About 27% were written under Preferred Lender (PLP) authority, and 9.7% of its book is currently delinquent, past due, or in liquidation.

Where Merchants Bank, National Association lends most

What Merchants Bank, National Association funds most

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7(a) loans only, approved and not cancelled, gross basis. Distress is the current share of the active book in delinquent, past-due, or liquidation status. Approval is not funding. FOIA record as of March 31, 2026. No borrower identity appears here.