Actual disbursement records
The fastest SBA lenders after approval
Ranked by the median gap between SBA approval and first disbursement. This is not total application time. It measures how quickly money moved after the SBA approval date.
WaFd Bank leads this qualified sample at 3 days. Colony Bank and City National Bank of Florida follow at 4 days. Sample size matters, so every lender below has at least 100 observed disbursements and 100 recent approvals.
Fastest SBA lenders in the federal record
| # | Lender | Median days | Middle 50% | Observed loans | Median loan |
|---|---|---|---|---|---|
| 1 | WaFd Bank | 3 | 1 to 5 days | 180 | $30K |
| 2 | Colony Bank | 4 | 1 to 14 days | 1,071 | $150K |
| 3 | City National Bank of Florida | 4 | 1 to 11 days | 257 | $350K |
| 4 | BayFirst National Bank | 5 | 2 to 10 days | 8,659 | $150K |
| 5 | Frandsen Bank and Trust | 6 | 3 to 15 days | 311 | $335K |
| 6 | CenTrust Bank, A Division of SmartBiz Bank National Association | 7 | 3 to 14 days | 1,064 | $150K |
| 7 | Bangor Savings Bank | 7 | 2 to 24 days | 354 | $120K |
| 8 | Oriental Bank | 8 | 2 to 23 days | 757 | $112K |
| 9 | 1st Source Bank | 8 | 3 to 19 days | 565 | $85K |
| 10 | BankVista | 8 | 3 to 20 days | 551 | $256K |
| 11 | Zions Bank, A Division of | 9 | 5 to 23 days | 3,146 | $135K |
| 12 | Eastern Bank | 9 | 0 to 28 days | 2,062 | $65K |
| 13 | SouthState Bank, National Association | 9 | 2 to 26 days | 1,945 | $350K |
| 14 | Magnifi Financial CU | 9 | 5 to 21 days | 370 | $234K |
| 15 | PlainsCapital Bank | 9 | 4 to 22 days | 354 | $149K |
| 16 | Celtic Bank Corporation | 10 | 6 to 22 days | 5,225 | $150K |
| 17 | Lendistry SBLC, LLC | 10 | 5 to 18 days | 3,350 | $150K |
| 18 | Banner Bank | 10 | 5 to 24 days | 1,302 | $100K |
| 19 | Peoples Bank | 10 | 4 to 22 days | 971 | $288K |
| 20 | Stearns Bank National Association | 10 | 4 to 22 days | 915 | $225K |
What this ranking does not tell you
- It does not measure the time from application to approval.
- It does not prove the lender will move this quickly on your deal.
- Some lenders record disbursements at month end, which can lengthen the reported gap.
- A fast lender can still be a poor fit for your amount, industry, or borrower profile.
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We calculated each lender's median calendar days from ApprovalDate toFirstDisbursementDate. We excluded lenders with fewer than 100 usable observations or fewer than 100 FY2025 and FY2026 approvals.
- SBA 7(a) and 504 FOIA dataset, data as of 2026-06-30
- Data retrieved and lender identities verified 2026-08-08
Not a lender or broker of record. Past speed is not a promise of future performance. Educational only. Not financial or legal advice.