# Small business loans in Sparks, NV

**Short answer:** The most active SBA lenders in Sparks, NV since FY2024 are U.S. Bank (14 loans) and The Huntington National Bank (12). The median loan was $250,000, and half fell between $50,000 and $531,800. For free help, see the Nevada Small Business Development Center. Source: SBA 7(a) loan data.

Canonical page: https://www.sbaexpress.loans/nevada-small-business-loans/sparks/
Data as of: 2026-06-30

## Lenders making SBA loans in Sparks

No lender made more than 18% of the loans in Sparks, and U.S. Bank made the most. The four largest lenders together made 46%.

**Lenders with five or more SBA loans in Sparks, NV, FY2024 to June 2026**

| Lender | Loans | Share |
| --- | --- | --- |
| [U.S. Bank](https://www.sbaexpress.loans/sba-express-lenders/u-s-bank/) | 14 | 17.9% |
| [The Huntington National Bank](https://www.sbaexpress.loans/sba-express-lenders/the-huntington-national-bank/nevada/) | 12 | 15.4% |
| [Mountain America Credit Union](https://www.sbaexpress.loans/sba-express-lenders/mountain-america-credit-union/): Credit union | 5 | 6.4% |
| [Zions Bank](https://www.sbaexpress.loans/sba-express-lenders/zions-bank/) | 5 | 6.4% |

Share is the percent of all Sparks loans in that period. Each name links to that lender's page for Nevada where one exists.

Sparks has four lenders with five or more loans since FY2024. Others had fewer, and the Nevada page counts 117 lenders with at least one approved loan statewide.

## Local help near Sparks

Sparks borrowers can start with SBA's district office for Nevada, an SBDC or SCORE.

46% of Sparks borrowers since FY2024 were startups or businesses two years old or younger. SBDCs provide counseling and training, and SCORE mentors give advice at no cost, according to SBA.

SBA has one district office for Nevada. Its page points to state and federal resources and to lenders in the area. The Nevada Small Business Development Center gives free counseling across Nevada.

- [SBA Nevada District Office (Las Vegas, with a Carson City office): SBA district office](https://www.sba.gov/district/nevada)
- [Nevada Small Business Development Center: Small Business Development Center](https://nevadasbdc.org/)
- [SCORE mentors in Nevada: Business mentoring](https://www.score.org/nv/)

Alongside SBA loans, Nevada runs two loan programs. The [Nevada page](https://www.sbaexpress.loans/nevada-small-business-loans/#loan-programs-in-nevada) describes each, and the official pages are linked here.

- [Battle Born Growth Collateral Support Program](https://nvsmallbiz.org/collateral-support/)
- [Battle Born Growth Loan Participation Program](https://nvsmallbiz.org/small-business-loans/)

## Loan counts and sizes in Sparks

Sparks ranks 5th by loans since FY2024 among the 5 Nevada cities with 100 or more SBA loans since FY2020. Nationally it is the 301st busiest of the 580 cities that reach 100 loans.

The 78 loans, 4.4% of the 1,762 in Nevada, were approved for $35.8 million in all. The median loan was $250,000, 66% above the national median of $150,300. Half of the loans fell between $50,000 and $531,800. The Sparks median is 53% above the Nevada median of $163,000.

**Sparks, NV compared with Nevada and the nation, loans from FY2024 to June 2026**

| Measure | Sparks | Nevada | U.S. |
| --- | --- | --- | --- |
| Loans | 78 | 1,762 | 162,355 |
| Median loan | $250,000 | $163,000 | $150,300 |
| 25th percentile | $50,000 | $50,000 | $50,000 |
| 75th percentile | $531,800 | $500,000 | $500,000 |
| Via SBA Express | 34.6% | 34.4% | 35.8% |
| Lines of credit | 23.1% | 23.2% | 28.1% |
| Startups | 30.8% | 13.6% | 16.1% |
| Ownership changes | 7.7% | 6.9% | 10.4% |
| Median term | 10 years | 10 years | 10 years |
| Median spread | 2.75 | 2.75 | 2.75 |
| Charged off | Fewer than 5 | 6.3% | 3.6% |

A quarter of loans were smaller than the 25th percentile loan and a quarter were larger than the 75th. Median spread is in percentage points over Prime. Charged off is the share of FY2020 to FY2022 loans a lender wrote off as a loss. It is shown only for groups of 30 loans or more. Fewer than 5 marks a share that would stand for 1 to 4 loans, which we do not publish. U.S. covers every loan in the file.

74% of the loans were $500,000 or less, the size SBA Express covers. 34.6% of all loans went through SBA Express, close to the national 35.8%. Lines of credit were 23.1% of loans, below the national 28.1%.

SBA loans in Sparks, NV by size, FY2024 to June 2026

- $50,000 or less (29%): 23
- $50,001 to $150,000 (14%): 11
- $150,001 to $350,000 (22%): 17
- $350,001 to $500,000 (9%): 7
- $500,001 to $1,000,000 (9%): 7
- $1,000,001 to $2,000,000 (14%): 11
- Over $2,000,000: Fewer than 5

Labels show each size's share of all loans. The highlighted bar is the size band that contains the median.

By business age, 46.2% of loans went to businesses more than two years old and 15.4% to businesses two years old or younger. Startups received 30.8% and changes of ownership 7.7%. The national startup share is 16.1%.

SBA loans in Sparks, NV by fiscal year

- FY2020: 12
- FY2021: 17
- FY2022: 12
- FY2023: 23
- FY2024: 29
- FY2025: 35
- FY2026 (through June 30): 14

Fiscal years run October to September. The last bar covers nine of its twelve months.

Volume rose 21% from FY2024 (29 loans) to FY2025 (35), the two latest full years. The busiest full year in the file was FY2025, with 35 loans. FY2026 already shows 14 loans through June 30.

Of the 41 loans Sparks borrowers received in FY2020 to FY2022, fewer than 5 were charged off by June 30, 2026, against 3.6% nationally. Lenders reported 648 jobs supported across the 78 loans since FY2024, about 8.3 per loan. SBA does not audit these estimates.

## What businesses in Sparks borrow for

Electrical Contractors and Other Wiring Installation Contractors was the largest borrower group in Sparks, with 5 loans or 6.4% of the total.

**Industries with the most SBA loans in Sparks, NV, FY2024 to June 2026**

| Industry | Loans | Share | U.S. share |
| --- | --- | --- | --- |
| [Electrical Contractors and Other Wiring Installation Contractors](https://www.sbaexpress.loans/industries/electrical-contractors-other-wiring-installation-contractors/) | 5 | 6.4% | 1.3% |

Share is the percent of all Sparks loans in that period. Industry is the NAICS code on each loan. A name links to the Nevada page for that industry where one exists.

## A typical loan payment in Sparks

The median Sparks loan was $250,000 with a median term of 10 years.

The median variable-rate loan in Sparks was priced at Prime plus 2.75 percentage points at approval. At today's Prime that spread works out to 9.75%. On $250,000 over 10 years, principal and interest would come to about $3,269 a month. That is arithmetic on past loans, not a rate a lender is offering.

**Payment at today's rate on three Sparks loan sizes over 10 years**

| Loan | Amount | Monthly payment |
| --- | --- | --- |
| 25th percentile loan | $50,000 | $654 |
| Median loan | $250,000 | $3,269 |
| 75th percentile loan | $531,800 | $6,954 |

Principal and interest only. Fees, a different term or a fixed rate change the payment. This is an illustration from SBA's file, not an offer.

SBA's rate ceiling for this loan size

SBA's maximum for a loan of $250,000 is Prime plus 6.0 percentage points, or 13.00% today. The median variable-rate loan here was priced 3.2 points under that ceiling. Source: 13 CFR § 120.214(d)(2); SOP 50 10 8.1, App. 18, Para. A.2 (p. 395).

Sparks loans approved since FY2024 had a median starting rate of 10.37% at approval, against 10.25% nationally. Prime changed during those years, so use the spread above, not that rate, as the guide to today's cost.

Run your own numbers: [payments on a $250,000 loan](https://www.sbaexpress.loans/loan-amounts/250000-business-loan/) and [SBA Express payment calculator](https://www.sbaexpress.loans/sba-express-payment-calculator/).

## SBA 504 loans near Sparks

Sparks has 23 SBA 504 loans since FY2024, with $26.2 million in SBA and CDC dollars.

The median 504 loan in Sparks was $946,000 in SBA and CDC dollars, 19% of the $5,000,000 program maximum. The bank's share of each project is separate and is not counted in these figures.

Nevada State Development Corporation is the Certified Development Company (CDC) named on the most loans since FY2020, with 26. California Statewide Certified Development Corporation follows with 14. The three CDCs listed are named on 46 loans between them.

**CDCs named on five or more 504 loans in Sparks, FY2020 to June 2026**

| Certified Development Company | 504 loans |
| --- | --- |
| Nevada State Development Corporation | 26 |
| California Statewide Certified Development Corporation | 14 |
| Mortgage Capital Development Corporation | 6 |

How a 504 loan is split

A standard 504 project is 50% third party lender, 40% CDC debenture, 10% borrower. 504 money pays for major fixed assets such as land, buildings and long-term machinery and equipment, not working capital or inventory. Source: SOP 50 10 8.1, Sec. C, Ch. 1, Para. B (p. 221). SBA keeps a [list of Certified Development Companies](https://www.sba.gov/loans/504-loans/list-of-certified-development-companies/).

## Nevada cities near Sparks

Sparks made up 4.4% of Nevada's SBA loans since FY2024.

Sparks is one of 5 Nevada cities with 100 or more SBA loans since FY2020. The [Nevada page](https://www.sbaexpress.loans/nevada-small-business-loans/) covers all 1,762 loans in Nevada. The closest come first, ranked by county and ZIP code on their loans.

- [Reno: 198 loans, median $221,750](https://www.sbaexpress.loans/nevada-small-business-loans/reno/)
- [Las Vegas: 958 loans, median $150,000](https://www.sbaexpress.loans/nevada-small-business-loans/las-vegas/)
- [Henderson: 225 loans, median $180,000](https://www.sbaexpress.loans/nevada-small-business-loans/henderson/)
- [North Las Vegas: 94 loans, median $129,000](https://www.sbaexpress.loans/nevada-small-business-loans/north-las-vegas/)

## Common questions about SBA loans in Sparks

### Which lenders make the most SBA loans in Sparks?

U.S. Bank leads with 14 loans in Sparks since FY2024. The Huntington National Bank (12) and Mountain America Credit Union (5) follow. Only lenders with five or more Sparks loans are counted.

### Which industries get SBA loans in Sparks?

Electrical Contractors and Other Wiring Installation Contractors leads with 5 loans in Sparks since FY2024.

How to read this

Counts come from SBA's 7(a) loan-level data release, as of June 30, 2026. The file lists loans SBA approved. It does not list declined applications, so it cannot show approval odds. We do not publish any figure built on fewer than 5 loans. Location is the borrower's address in the file, and city names are as SBA recorded them. Recent means FY2024 through June 30, 2026. Charge-off rates use FY2020 to FY2022 loans, the only years old enough to have had time to go bad. Jobs supported are lender-reported estimates. [How we build these pages](https://www.sbaexpress.loans/method/).

## Sources

- [SBA 7(a) and 504 FOIA loan-level data, as of June 30, 2026](https://data.sba.gov/dataset/7a-504-foia)
- [SBA, 504 loans](https://www.sba.gov/loans/504-loans/)
- [SBA, resource partners: SBDCs and SCORE](https://www.sba.gov/counseling/local-assistance/resource-partners/)
- [SBA Nevada District Office (Las Vegas, with a Carson City office)](https://www.sba.gov/district/nevada)
- [Nevada Small Business Development Center](https://nevadasbdc.org/)
- [SCORE, Nevada](https://www.score.org/nv/)
- [SOP 50 10 8.1, Sec. C, Ch. 1, Para. D.1 (p. 241); 13 CFR § 120.931](https://legacy.sba.gov/sites/default/files/2026-10/SOP%2050%2010%208.1%20Technical%20Policy%20Updates%20effective%20%2010.1.2026.docx)
- [SOP 50 10 8.1, Sec. C, Ch. 1, Para. B (p. 221)](https://legacy.sba.gov/sites/default/files/2026-10/SOP%2050%2010%208.1%20Technical%20Policy%20Updates%20effective%20%2010.1.2026.docx)
- [sba.gov/loans/504-loans; SOP 50 10 8.1, Sec. A, Ch. 3, Para. A (p. 51)](https://www.sba.gov/loans/504-loans/)
- [SOP 50 10 8.1, Sec. B, Ch. 2, Para. B.1 (p. 126)](https://legacy.sba.gov/sites/default/files/2026-10/SOP%2050%2010%208.1%20Technical%20Policy%20Updates%20effective%20%2010.1.2026.docx)
- [13 CFR § 120.214(d)(2); SOP 50 10 8.1, App. 18, Para. A.2 (p. 395)](https://www.ecfr.gov/current/title-13/section-120.214)