Lender · SBA 7(a) record
PNC Bank, National Association
DE · lends in 32 states · 16,475 SBA loans since 2010, 1,812 in the last five years.
How fast they approve. PNC Bank, National Association made 26% of its recent 7(a) loans under full Preferred Lender (PLP) authority and another 74% through SBA Express — both let it approve without waiting on the SBA. Larger, more complex deals lean on the PLP share. Why approval speed comes down to the lender.
What stands out about PNC Bank, National Association
vs every other SBA lenderPNC Bank, National Association lives at the small end. Its median loan is just $50k, well under the $347k typical of SBA lenders — one of the banks genuinely willing to write small.
Its median markup is prime + 4.06%, above the prime + 1.99% norm — worth a hard look at the rate you are quoted.
Its practical minimum of $20k is lower than most lenders will go; it looks at loans others wave off as too small.
This read is built from 1,812 funded 7(a) loans over the last five fiscal years.
Will they talk to you?
loan sizes fundedThe spread of loan sizes tells you where this lender is comfortable. Ask for something far outside it and expect friction.
Do they fund businesses like yours?
last 5 yearsA lender who already knows your industry asks better questions and closes faster. One who doesn't will treat your file as an education.
Lends conservatively
1.13% charged off against 2.11% across all SBA lending. Clean books usually mean tight credit standards. Good rates if you fit their box, and a quick decline if you don't.
What rate people got
median markup over primeThe median borrower here paid prime + 4.06%. Compare that against what you have been quoted — the markup is the negotiable part, and most borrowers never try.
Their loans, year by year
cumulative % of dollars charged off| Approved | Yr 1 | Yr 2 | Yr 3 | Yr 4 | Yr 5 | Yr 6 | Yr 7 | Yr 8 | Yr 9 | Yr 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2010 | 0.0 | 0.1 | 0.1 | 0.4 | 1.4 | 2.2 | 3.2 | 3.5 | 3.7 | 3.7 |
| 2011 | 0.0 | 0.0 | 0.5 | 0.9 | 1.1 | 1.3 | 1.4 | 1.5 | 1.6 | 1.6 |
| 2012 | 0.0 | 0.1 | 0.4 | 1.0 | 1.1 | 1.8 | 1.8 | 1.8 | 1.9 | 1.9 |
| 2013 | 0.1 | 0.2 | 0.4 | 0.9 | 1.3 | 1.6 | 1.6 | 1.7 | 1.7 | 1.8 |
| 2014 | 0.0 | 0.3 | 0.8 | 1.2 | 1.4 | 1.6 | 1.7 | 1.8 | 1.8 | 2.1 |
| 2015 | 0.0 | 0.3 | 0.6 | 1.1 | 1.3 | 1.3 | 1.4 | 1.4 | 1.7 | 1.7 |
| 2016 | 0.0 | 0.4 | 0.8 | 1.4 | 2.4 | 2.7 | 3.0 | 3.1 | 3.4 | · |
| 2017 | 0.0 | 0.3 | 0.7 | 0.9 | 1.0 | 1.0 | 1.1 | 1.1 | · | · |
| 2018 | 0.1 | 0.2 | 0.4 | 0.5 | 0.7 | 1.1 | 1.1 | · | · | · |
| 2019 | 0.0 | 0.1 | 0.1 | 0.1 | 0.1 | 0.2 | · | · | · | · |
| 2020 | 0.0 | 0.0 | 0.0 | 0.3 | 0.7 | · | · | · | · | · |
| 2021 | 0.0 | 0.0 | 0.1 | 0.2 | · | · | · | · | · | · |
| 2022 | 0.0 | 0.2 | 0.2 | · | · | · | · | · | · | · |
| 2023 | 0.0 | 0.5 | · | · | · | · | · | · | · | · |
| 2024 | 0.1 | · | · | · | · | · | · | · | · | · |
| 2025 | · | · | · | · | · | · | · | · | · | · |
| 2026 | · | · | · | · | · | · | · | · | · | · |
Each row is one year's lending. Read down a column to compare years at the same age — that is the only fair comparison, because losses take three to five years to appear and a fast-growing lender always looks clean on a raw average.
What this page cannot tell you
Federal records show what was approved, not how long it took, how the bank communicated, or whether your loan officer returned calls. Ask any lender directly: are you a preferred lender, how many deals like mine did you close last year, and who underwrites it.
Check your eligibility first → Decode what they say to you →
Lenders worth comparing against this one
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Common questions
Does PNC Bank, National Association make SBA startup and acquisition loans?
Yes — its recent SBA 7(a) record includes 202 commercial real-estate loans, 185 startups, 107 franchise loans, 83 business acquisitions. If your deal is one of these, it has funded that kind of loan many times before. See how it ranks for your exact deal.
What is the smallest SBA loan PNC Bank, National Association will make?
Its practical minimum — the 5th percentile of what it has actually funded — is about $20,000, and the typical (median) PNC Bank, National Association loan is $50,000. If your loan is well below its practical minimum, it is unlikely to be interested however strong your file.
What interest rate do PNC Bank, National Association SBA borrowers get?
On variable-rate loans, recent PNC Bank, National Association borrowers paid a median of prime + 4.06%. The markup over prime is the negotiable part of any SBA quote. Check a rate you have been quoted.
What states does PNC Bank, National Association lend in?
Most of PNC Bank, National Association's recent SBA lending is concentrated in Pennsylvania, New Jersey, Texas, among 20 states in total. Compare lenders by state.