Santander Bank, National Association: SBA Lending Profile
Santander Bank, National Association is an FDIC-insured bank, headquartered in Wilmington, DE. It is active in 8 states, concentrated around NJ, MA, NY. Everything below comes from federal SBA loan records, not from the lender's marketing. This is what it has actually funded.
Loan sizes Santander Bank, National Association actually approves
The median SBA approval at Santander Bank, National Association is $70,000. The middle 80% of its loans fall between $20,700 and $150,000. The smallest funded approval in the available source window is $10,000 and the largest is $1,000,000. If the amount you need sits far outside that range, this is probably not the right first call, no matter what the website says.
Industries it funds most
| Industry | Funded loans in source data | Share |
|---|---|---|
| Full-Service Restaurants | 66 | 15.8% |
| Residential Remodelers | 48 | 11.5% |
| General Freight Trucking, Local | 34 | 8.1% |
| Plumbing, Heating, and Air-Conditioning Contractors | 20 | 4.8% |
| General Freight Trucking, Long-Distance, Truckload | 18 | 4.3% |
| Limited-Service Restaurants | 14 | 3.3% |
| Electrical Contractors and Other Wiring Installation Contractors | 14 | 3.3% |
| All Other Specialty Trade Contractors | 14 | 3.3% |
| New Single-Family Housing Construction (except For-Sale Builders) | 14 | 3.3% |
| Supermarkets and Other Grocery (except Convenience) Stores | 12 | 2.9% |
| Painting and Wall Covering Contractors | 12 | 2.9% |
| Finish Carpentry Contractors | 9 | 2.2% |
How fast Santander Bank, National Association actually funds
Approval is not money in the bank. Across 382 loans where both dates are on record, the typical gap between SBA approval and first disbursement at Santander Bank, National Association is 15 days. Half its loans fund between 7 and 33 days. The typical SBA lender takes about 20 days, so this is roughly in line with the market.
Lending momentum
Santander Bank, National Association has been pulling back. Approvals are down 29.3% from FY2023 to FY2025, which can mean tightened credit or a shift in strategy. Worth asking about before you invest time in an application.
Funded approvals by SBA fiscal year (October to September). FY2026 is excluded because it is still in progress.
Borrower profile
- only 6.4% of its funded SBA records with known business age went to startups, this lender works almost entirely with established businesses.
- Collateral was taken on 17% of its recent SBA loans.
- 84% of its SBA lending is revolving lines of credit rather than term loans.
- 15.8% of its loans carry fixed rates; the rest are variable.
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Sources and limits. Figures are derived from U.S. Small Business Administration 7(a) and 504 FOIA loan-level records (data as of 2026-06-30, retrieved 2026-08-08) and FDIC public institution data. Funding speed is the median gap between approval date and first disbursement date in SBA records. Some lenders report disbursement at month end, which can round the figure upward. They describe past lending activity only. They are not rate quotes, not current offers, and not an indication that any business will qualify. Lender programs and criteria change. Big Brain Funding is not affiliated with or endorsed by Santander Bank, National Association.