504 Third Party Lending
First mortgage amounts committed alongside 504 debentures
FY2026 Volume
$37.6M
#45 by FY2026 volume
FY2026 Loans
25
$1.5M avg size
FY2022–FY2026 Volume
$37.6M
FY2022–FY2026 Loans
25
Annual Trend
Approval volume (bars) and loan count (line)
Volume (left axis)Loans (right axis)
Geographic Footprint
Approval volume by project state, FY2026
LowHigh
Activity by State
7 states, districts, and territories with activity
| # | ||||
|---|---|---|---|---|
| 1 | FL | 13 | $24.3M | $1.9M |
| 2 | GA | 7 | $9.7M | $1.4M |
| 3 | TX | 1 | $1.0M | $1.0M |
| 4 | SC | 1 | $0.7M | $710K |
| 5 | MN | 1 | $0.7M | $657K |
| 6 | AL | 1 | $0.6M | $647K |
| 7 | NV | 1 | $0.5M | $525K |
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.