---
schema_version: "secwatch.filing_event.v1"
accession: "0001587987-24-000204"
form_type: "8-K"
ticker: "NEWT"
cik: "0001587987"
company_name: "NewtekOne, Inc."
filed_at: "2024-10-03T23:59:59+00:00"
generated_at: "2026-05-30T21:30:54.608473+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# NewtekOne achieves record total loan closings of $371.8M in Q3 2024, up 17.3% sequentially

## Summary
- Record total loan closings $371.8M in Q3 2024, up 17.3% from $316.7M in Q2 2024.
- SBA 7(a) closings $245.3M in Q3 2024, up 6.6% QoQ and 12.5% YoY.
- Full-year 2024 SBA 7(a) forecast of $935M, representing 14.7% increase over 2023.
- Expects total loan originations ~$1.5B in 2024; SBA guaranteed portion sales $650-700M.
- Alternative loan program (since 2019) funded $380M with only ~$3M write-offs.

## SEC filing metadata
- accession: 0001587987-24-000204
- form_type: 8-K
- ticker: NEWT
- cik: 0001587987
- company_name: NewtekOne, Inc.
- filed_at: 2024-10-03T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1587987/000158798724000204/0001587987-24-000204-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1587987/000158798724000204/newt-20241003.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001587987-24-000204
- JSON: https://secwatch.observer/filing/0001587987-24-000204.json
- Plain text: https://secwatch.observer/filing/0001587987-24-000204.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.