7(a) Lending
Gross approval amounts
FY2025 Volume
$162.5M
FY2025 Loans
173
$939K avg size
FY2022–FY2026 Volume
$633.7M
FY2022–FY2026 Loans
726
Annual Trend
Approval volume (bars) and loan count (line)
Volume (left axis)Loans (right axis)
Geographic Footprint
Approval volume by project state, FY2025
LowHigh
Activity by State
29 states, districts, and territories with activity
| # | ||||
|---|---|---|---|---|
| 1 | NC | 33 | $41.0M | $1.2M |
| 2 | FL | 21 | $18.6M | $884K |
| 3 | CA | 16 | $14.0M | $873K |
| 4 | TX | 19 | $13.0M | $686K |
| 5 | CO | 7 | $7.7M | $1.1M |
| 6 | MI | 7 | $7.3M | $1.0M |
| 7 | PA | 10 | $7.0M | $703K |
| 8 | MD | 4 | $6.6M | $1.6M |
| 9 | SC | 6 | $5.8M | $960K |
| 10 | TN | 5 | $4.9M | $981K |
504 Third Party Lending
First mortgage amounts committed alongside 504 debentures
FY2025 Volume
$25.8M
FY2025 Loans
16
$1.6M avg size
FY2022–FY2026 Volume
$75.8M
FY2022–FY2026 Loans
43
Annual Trend
Approval volume (bars) and loan count (line)
Volume (left axis)Loans (right axis)
Geographic Footprint
Approval volume by project state, FY2025
LowHigh
Activity by State
7 states, districts, and territories with activity
| # | ||||
|---|---|---|---|---|
| 1 | NC | 6 | $9.1M | $1.5M |
| 2 | FL | 3 | $5.3M | $1.8M |
| 3 | SC | 2 | $5.0M | $2.5M |
| 4 | TX | 2 | $2.8M | $1.4M |
| 5 | NV | 1 | $1.8M | $1.8M |
| 6 | CT | 1 | $1.1M | $1.1M |
| 7 | NY | 1 | $0.7M | $725K |
Source: SBA lender activity reports, data as of Jun 30, 2026. Historical years reflect fiscal year-end figures and are not restated for subsequent acquisitions or mergers. See data sources & methodology.