7(a) Lending
Gross approval amounts
FY2026 Volume
$54.5M
#118 by FY2026 volume
FY2026 Loans
61
$894K avg size
FY2022–FY2026 Volume
$203.5M
FY2022–FY2026 Loans
255
Annual Trend
Approval volume (bars) and loan count (line)
Geographic Footprint
Approval volume by project state, FY2026
Activity by State
8 states, districts, and territories with activity
| # | ||||
|---|---|---|---|---|
| 1 | MN | 31 | $28.0M | $904K |
| 2 | AZ | 21 | $17.7M | $842K |
| 3 | IN | 1 | $3.1M | $3.1M |
| 4 | CO | 1 | $1.8M | $1.8M |
| 5 | ND | 4 | $1.6M | $390K |
| 6 | IA | 1 | $1.5M | $1.5M |
| 7 | CA | 1 | $0.5M | $500K |
| 8 | WI | 1 | $0.3M | $349K |
504 Third Party Lending
First mortgage amounts committed alongside 504 debentures
FY2026 Volume
$26.4M
#75 by FY2026 volume
FY2026 Loans
9
$2.9M avg size
FY2022–FY2026 Volume
$135.3M
FY2022–FY2026 Loans
62
Annual Trend
Approval volume (bars) and loan count (line)
Geographic Footprint
Approval volume by project state, FY2026
Activity by State
5 states, districts, and territories with activity
| # | ||||
|---|---|---|---|---|
| 1 | CA | 1 | $13.5M | $13.5M |
| 2 | MN | 3 | $7.9M | $2.6M |
| 3 | ND | 2 | $2.5M | $1.3M |
| 4 | AZ | 2 | $2.2M | $1.1M |
| 5 | NM | 1 | $0.3M | $306K |
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.