SHANE PIERSON · SBA DATA
SBA Lenders · New Millennium Bank

SBA Lending by New Millennium Bank

New Millennium Bank is an active SBA 7(a) lender, ranked #194 nationally by all-time volume, with 812 approved 7(a) loans worth $659M on record.

812
7(a) loans made
$659M
Approved dollars
$810,991
Average loan size
#194
Rank, all-time volume
#135
Rank, volume since 2020
0.1%
Share of U.S. 7(a) since 2020
-26%
Annualized vs prior decade
6.7%
Active-loan distress
76%
Made under PLP authority

Between 1991 and mid-2026, New Millennium Bank approved 812 SBA 7(a) loans worth $659M across the country, at an average of $810,991 per loan. That places it #194 among all U.S. SBA 7(a) lenders. About 76% were written under Preferred Lender (PLP) authority, and 6.7% of its book is currently delinquent, past due, or in liquidation.

Where New Millennium Bank lends most

What New Millennium Bank funds most

See the whole market on the map

Compare every lender, drill any state to the zip level, and shade the map by volume, growth, or distress.

Open the interactive map ↗

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.