Is Harvest Small Business Finance a good match for your SBA loan?
Harvest Small Business Finance project state SBA 7(a) loan approvals in 2020.
Harvest Small Business Finance Highlights
In 2020 Harvest Small Business Finance is ranked #20 for SBA 7(a) loan approvals and ranks #6 in SBA 7(a) approval amounts.
All-time Harvest Small Business Finance has approved 827 SBA 7(a) loans for just over $1 billion. Harvest Small Business Finance approved borrowers from 435 cities, for projects in 37 states, in 286 industries, and for 21 franchise brands.
In 2020 Harvest Small Business Finance approved 298 SBA 7(a) loans for $373,535,300. The average loan approval amount was $1,253,474. Harvest Small Business Finance approved borrowers from 217 cities, for projects in 26 states, in 153 industries, and for 4 franchise brands.
For franchise branded businesses, Harvest Small Business Finance approved 4 loans for $9,873,000 with an average loan amount of $2,468,250.
Harvest Small Business Finance’s SBA loan approvals in 2020 represent 4,250 small business jobs supported or saved.
Read our SBA Lender page on Harvest Small Business Finance for their full report, but below are a few highlights:
Harvest Small Business Finance Historical SBA 7(a) Lending
Harvest Small Business Finance Loan Approvals
2020 Top 25 Business Industries
Harvest Small Business Finance approved the most loans for the Homes for the Elderly industry followed by Child day Care Services, Full-Service Restaurants, and the General Automotive Repair industry. Harvest Small Business Finance approved SBA loans for 153 different industries in 2020.
Harvest Small Business Finance SBA 7(a) Loan Amounts
Harvest Small Business Finance average SBA loan approval amount in 2020 was $1,253,474.
0.34% of approved loans in 2020 were for loan amounts up to $150,000.
12.76% of approved loans in 2020 were for loan amounts up to $350,000.
42.62% of approved loans in 2020 were for loan amounts from $350,001 to $1 million.
36.58% of approved loans in 2020 were for loan amounts over $1 million.
18.79% of loan approvals were for multi-million loan amounts.
Harvest Small Business Finance is the #6 Ranked National SBA Lender
In 2020 Harvest Small Business Finance is ranked #20 for SBA 7(a) loan approvals and ranks #6 in SBA 7(a) approval amounts.
In 2020 Harvest Small Business Finance approved 298 SBA 7(a) loans for $373,535,300.
Harvest Small Business Finance had an average loan approval amount of $1,253,474 in 2020.
In 2020 Harvest Small Business Finance approved borrowers from 217 cities, for projects in 26 states, in 153 industries, and for 4 franchise brands.
See our full (and free) SBA report on Harvest Small Business Finance
This report has about everything a small business owner would want to know to determine if Harvest Small Business Finance would be a good match for an SBA loan. See how Harvest Small Business Finance ranks in multiple SBA loan categories, our SBA lending forecasts for Harvest Small Business Finance, the top 25 industries and franchise brands Harvest Small Business Finance approved loans with, and the top project states and borrower cities.
