7(a) Lending
Gross approval amounts
FY2026 Volume
$37.7M
#150 by FY2026 volume
FY2026 Loans
57
$662K avg size
FY2022–FY2026 Volume
$135.7M
FY2022–FY2026 Loans
326
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 | ID | 18 | $11.4M | $634K |
| 2 | CO | 5 | $9.6M | $1.9M |
| 3 | MT | 17 | $7.7M | $451K |
| 4 | AZ | 6 | $3.2M | $530K |
| 5 | TX | 2 | $2.3M | $1.2M |
| 6 | UT | 4 | $2.3M | $575K |
| 7 | WA | 4 | $1.0M | $257K |
| 8 | WY | 1 | $0.2M | $234K |
504 Third Party Lending
First mortgage amounts committed alongside 504 debentures
FY2026 Volume
$82.4M
#18 by FY2026 volume
FY2026 Loans
58
$1.4M avg size
FY2022–FY2026 Volume
$400.8M
FY2022–FY2026 Loans
328
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 | UT | 19 | $52.2M | $2.7M |
| 2 | AZ | 8 | $12.6M | $1.6M |
| 3 | WY | 6 | $4.1M | $689K |
| 4 | ID | 9 | $3.9M | $433K |
| 5 | MT | 9 | $3.7M | $407K |
| 6 | WA | 3 | $2.8M | $945K |
| 7 | NV | 3 | $2.7M | $893K |
| 8 | ND | 1 | $0.5M | $454K |
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.