SBA Loans for Employee Leasing Services: Top Lenders & Recent Approvals

NAICS 561

NAICS 561 covers employee leasing services businesses. Based on historical SBA 7(a) lending data.

Total Approvals

3,440

for Employee Leasing Services

Median Loan Size

$150,000

per approval

Recent Activity

280

last 90 days through Dec 2025

NAICS 561 covers employee leasing services businesses. This is one of the more actively funded industries through SBA 7(a) lending, with 3,440 approvals on record and a median loan size of $150,000.

Key trends & insights

SBA lending to employee leasing services businesses grew 53% year-over-year — from 366 to 560 approvals.
Total SBA dollars flowing into this industry increased by 60% year-over-year, reaching $220,276,500 in the trailing 12 months.
THE Huntington National Bank leads this industry with 100 approvals (17% market share) and a median loan of $60,000.
The typical loan size for employee leasing services has increased 45% — average median moving from $113,433 to $163,992.
Loan sizes vary dramatically by location — the median in Alaska ($380,000) is 15.2x higher than Delaware ($25,000).

Lending trends for Employee Leasing Services

↑ 53%loan volume YoY

↑ 60%dollar volume YoY

Total loaned ($)

Median loan size

Top lenders by historical volume

#	Lender	Approvals	Median Size	Recent	Top States
1	THE Huntington National Bank	100	$60,000	4	OH, MI, TX
2	TD Bank, National Association	88	$50,000	8	NY, FL, NJ
3	Manufacturers AND Traders Trust Company	49	$35,000	6	NY, MD, CT
4	United Midwest Savings Bank, National Association	47	$150,000	4	TX, FL, NC
5	U.s. Bank, National Association	40	$25,000	6	MN, IL, CA
6	Wells Fargo Bank, National Association	32	$15,000	2	FL, TX, CA
7	Jpmorgan Chase Bank, National Association	26	$200,000	—	CA, TX, VA
8	Newtek Bank, National Association	26	$150,000	5	FL, TX, IL
9	Readycap Lending, LLC	24	$203,500	3	CA, GA, FL
10	Bayfirst National Bank	24	$150,000	1	FL, NJ, NY
11	Northeast Bank	21	$50,000	7	TX, CA, CO
12	Keybank, National Association	19	$150,000	—	WA, OH, NY
13	Cadence Bank	18	$350,000	—	FL, TX, GA
14	Columbia Bank	15	$50,000	1	WA, OR, ID
15	Bank OF America, National Association	14	$250,000	1	FL, CA, NY
16	Live OAK Banking Company	14	$605,000	1	CT, PA, NC
17	First Bank OF THE Lake	12	$350,000	4	ID, NJ, GA
18	Celtic Bank, CORP.	10	$150,000	1	CT, FL, AZ
19	Newtek Small Business Finance, INC.	9	$200,000	—	MI, GA, MO
20	Lendistry Sblc, LLC	9	$275,700	—	CA, NY, PA

Recent SBA 7(a) approvals for Employee Leasing Services

Month	Lender	Borrower	Location	Amount
2025-12	Celtic Bank Corporation	GUA*****LLC	DALLAS, TX	$132,000
2025-12	Readycap Lending, LLC	Cru*****ers	NEW BRAUNFELS, TX	$50,000
2025-12	Community Capital New York, Inc.	Glo*****LLC	Bronx, NY	$250,000
2025-12	The Huntington National Bank	SPE*****NC.	CANTON, MI	$100,000
2025-12	CenTrust Bank, A Division of SmartBiz Bank National Associat	Far*****Inc	LANCASTER, PA	$150,000
2025-12	Bank of America, National Association	Bal*****Inc	LUDLOW, MA	$5,000,000
2025-12	TD Bank, National Association	802*****LLC	BELLOWS FALLS, VT	$50,000
2025-12	First Bank of the Lake	Win*****nta	SANDY SPRINGS, GA	$320,000
2025-12	Live Oak Banking Company	BFB*****LLC	EAST HAMPTON, CT	$50,000
2025-12	United Midwest Savings Bank National Association	MIL****LLC	Princeton, NJ	$150,000
2025-12	United Midwest Savings Bank National Association	KUP****LLC	Otsego, MN	$250,000
2025-12	Readycap Lending, LLC	CCB*****PAS	TERRE HAUTE, IN	$50,000
2025-12	TD Bank, National Association	EVO*****LLC	OSPREY, FL	$146,900
2025-11	FirstBank Puerto Rico	AGM*****INC	HORMIGUEROS, PR	$3,000,000
2025-11	United Midwest Savings Bank National Association	DES*****TES	Port St Lucie, FL	$150,000
2025-11	Eastern Bank	HAR*****ICE	PEMBROKE, MA	$30,000
2025-11	CenTrust Bank, A Division of SmartBiz Bank National Associat	SPE*****CO.	MIDLOTHIAN, VA	$200,000
2025-11	The Huntington National Bank	GAL*****LLC	BARTLETT, IL	$50,000
2025-11	Zions Bank, A Division of	Cli*****LLC	MORGAN, UT	$150,000
2025-11	The Huntington National Bank	Y3**LLC	HARRISBURG, PA	$75,000
2025-11	Newtek Bank, National Association	The*****ity	CARMICHAEL, CA	$350,000
2025-11	U.S. Bank, National Association	REP*****LLC	NEW CASTLE, CO	$37,800
2025-11	Celtic Bank Corporation	The*****int	PILOT POINT, TX	$101,800
2025-11	TD Bank, National Association	Ama*****LLC	JACKSONVILLE, FL	$90,000
2025-11	T Bank, National Association	Per*****LLC	LARAMIE, WY	$365,500

Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.

Activity by state

Less active

More active

State-by-state breakdown

#	State	Approvals	Median Size	#1 Lender	Last 90 Days
1	California	302	$180,000	U.s. Bank, National Association37 approvals	22
2	Florida	291	$150,000	TD Bank, National Association40 approvals	27
3	Texas	247	$150,000	United Midwest Savings Bank, National Association25 approvals	29
4	New York	225	$100,000	TD Bank, National Association48 approvals	19
5	Ohio	207	$60,800	THE Huntington National Bank131 approvals	6
6	Pennsylvania	138	$100,000	TD Bank, National Association28 approvals	11
7	New Jersey	138	$150,000	TD Bank, National Association47 approvals	11
8	Michigan	127	$100,000	THE Huntington National Bank61 approvals	11
9	Massachusetts	126	$70,000	TD Bank, National Association21 approvals	13
10	Illinois	116	$150,000	THE Huntington National Bank29 approvals	8
11	Washington	104	$92,500	Columbia Bank29 approvals	4
12	Georgia	98	$200,000	THE Huntington National Bank13 approvals	8
13	Minnesota	91	$150,000	U.s. Bank, National Association17 approvals	7
14	Maryland	77	$100,000	Manufacturers AND Traders Trust Company31 approvals	11
15	Colorado	74	$162,500	THE Huntington National Bank8 approvals	7
16	Utah	72	$150,000	Zions Bank, A Division OF12 approvals	5
17	North Carolina	68	$234,000	United Midwest Savings Bank, National Association11 approvals	8
18	Indiana	67	$125,000	THE Huntington National Bank13 approvals	6
19	Virginia	59	$150,000	Manufacturers AND Traders Trust Company5 approvals	7
20	Wisconsin	59	$150,000	United Midwest Savings Bank, National Association5 approvals	9
21	Arizona	58	$207,500	Readycap Lending, LLC6 approvals	5
22	Oregon	57	$100,000	Columbia Bank17 approvals	4
23	South Carolina	52	$150,250	TD Bank, National Association16 approvals	2
24	Connecticut	51	$90,000	Manufacturers AND Traders Trust Company11 approvals	10
25	Missouri	46	$144,200	U.s. Bank, National Association9 approvals	2

SBA loans for Employee Leasing Services by state

Similar industries

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Frequently asked questions about SBA loans for Employee Leasing Services

Who are the top SBA lenders for Employee Leasing Services?▾

Based on historical SBA 7(a) data, the most active lenders for Employee Leasing Services (NAICS 561) include THE Huntington National Bank, TD Bank, National Association, Manufacturers AND Traders Trust Company, and 17 more. THE Huntington National Bank leads with 100 approved loans.

What is the typical SBA loan size for Employee Leasing Services?▾

The median SBA 7(a) loan amount for Employee Leasing Services businesses is $150,000, based on 3,440 total approved loans in the dataset.

Which states have the most SBA lending activity for Employee Leasing Services?▾

California leads with 302 SBA 7(a) approvals for Employee Leasing Services, followed by Florida (291) and Texas (247).

How do I find the best SBA lender for my employee leasing services business?▾

Start by reviewing the lender rankings on this page, which are based on real SBA approval data for NAICS 561. You can also use the MyLenderPilot Lender Fit Quiz to get a personalized ranking based on your state, loan size, and years in business.

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