SBAPULSE

9am - 5pm

Headquartered in MILTON, GA

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504 Third Party Lending

First mortgage amounts committed alongside 504 debentures

FY2026 Volume

$11.9M

#181 by FY2026 volume

FY2026 Loans

10

$1.2M avg size

FY2022–FY2026 Volume

$12.6M

FY2022–FY2026 Loans

11

Annual Trend

Approval volume (bars) and loan count (line)

Volume (left axis)Loans (right axis)

Geographic Footprint

Approval volume by project state, FY2026

Low
High

Activity by State

4 states, districts, and territories with activity

#
1FL4$6.5M$1.6M
2GA4$3.7M$921K
3TX1$1.0M$1.0M
4SC1$0.7M$710K
Explore 504 loan-level performance as third party lender

Source: SBA lender activity reports, data as of Sep 30, 2026. Historical years reflect fiscal year-end figures and are not restated for subsequent acquisitions or mergers. See data sources & methodology.