Lending data
Who lends to media and information businesses, state by state
1,776 SBA 7(a) loans to media and information businesses across 26 states, with the most active lender and the median loan in each.
Short answer
1,776 SBA 7(a) loans went to media and information businesses across 26 states with enough volume to report. Pick your state below to see which lenders actually funded them.
By state
Only states with at least 20 loans are listed, because below that the figures are noise rather than signal. Computed from SBA 7(a) loan-level FOIA data released 2026-06-30.
| State | Loans | Median loan | Startup share | Most active lender |
|---|---|---|---|---|
| California | 350 | $150,000 | 17% | Newtek Bank |
| New York | 180 | $132,500 | 16% | TD Bank |
| Texas | 173 | $150,000 | 21% | Newtek Bank |
| Florida | 165 | $150,000 | 18% | TD Bank |
| Ohio | 74 | $150,000 | 20% | The Huntington National Bank |
| New Jersey | 67 | $100,000 | 27% | TD Bank |
| Michigan | 57 | $124,000 | 16% | The Huntington National Bank |
| Minnesota | 55 | $100,000 | 29% | U.S. Bank |
| Georgia | 54 | $150,000 | 20% | Newtek Bank |
| Illinois | 51 | $175,000 | 22% | The Huntington National Bank |
| Pennsylvania | 49 | $100,000 | 22% | TD Bank |
| Massachusetts | 46 | $100,000 | 15% | Eastern Bank |
| Washington | 41 | $200,000 | 17% | Columbia Bank |
| Colorado | 40 | $225,000 | 18% | Wells Fargo Bank |
| Maryland | 39 | $100,000 | 26% | Manufacturers and Traders Trust Company |
| North Carolina | 38 | $237,500 | 21% | Newtek Bank |
| Virginia | 36 | $150,000 | 28% | Manufacturers and Traders Trust Company |
| Oregon | 34 | $82,500 | 15% | Columbia Bank |
| Utah | 34 | $249,550 | 21% | Zions Bank |
| Missouri | 30 | $221,000 | 20% | The Huntington National Bank |
| Tennessee | 30 | $152,500 | 20% | U.S. Bank |
| Arizona | 29 | $246,500 | 17% | Newtek Bank |
| Indiana | 29 | $125,000 | 3% | The Huntington National Bank |
| Iowa | 26 | $50,000 | 42% | Nicolet National Bank |
| Nevada | 26 | $193,500 | 38% | Newtek Bank |
| Connecticut | 23 | $204,000 | 26% | Manufacturers and Traders Trust Company |
What 7(a) lending to media and information businesses looks like nationally
| Measure | Information and media | All 7(a) borrowers |
|---|---|---|
| Loans approved, fiscal years 2023 to 2026, using data released June 2026 | 2,027 | 214,102 |
| Median loan | $150,000 | $150,000 |
| 25th - 75th percentile | $50,000 - $350,000 | $50,000 - $500,000 |
| Median term | 10 years | 10 years |
| Median initial rate | 10.75% | 10.25% |
| Share to startups | 20.4% | 33.6% |
| Charge-off rate, FY2010-19 | 7.1% | 7.1% |
| Jobs supported | 15,518 | 2,142,602 |
Reading those figures against all 7(a) borrowers:
- Loan sizes are typical. The median of $150,000 is within a few percent of the $150,000 national median across all 7(a) borrowers, so nothing about this market is unusual on size.
- This is a hard market for new businesses. Only 20% of these loans went to startups, against 34% nationally. If you are pre-revenue, work from the startup table below rather than the main list.
- Rates run higher here. The median initial rate of 10.75% is 0.50 points above the 10.25% national median, which usually tracks loan size and perceived sector risk rather than geography.
How to use this
Open your state, shortlist three lenders whose median loan is close to what you need, then read choosing an SBA lender before you call.