7(a) Lending
Gross approval amounts
FY2025 Volume
$18.8M
FY2025 Loans
59
$319K avg size
FY2022–FY2026 Volume
$45.6M
FY2022–FY2026 Loans
174
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
3 states, districts, and territories with activity
| # | ||||
|---|---|---|---|---|
| 1 | MA | 33 | $12.4M | $375K |
| 2 | RI | 25 | $5.3M | $212K |
| 3 | ME | 1 | $1.1M | $1.1M |
504 Third Party Lending
First mortgage amounts committed alongside 504 debentures
FY2025 Volume
$7.4M
FY2025 Loans
12
$617K avg size
FY2022–FY2026 Volume
$27.0M
FY2022–FY2026 Loans
30
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
4 states, districts, and territories with activity
| # | ||||
|---|---|---|---|---|
| 1 | MA | 6 | $3.0M | $502K |
| 2 | RI | 4 | $1.8M | $462K |
| 3 | CT | 1 | $1.7M | $1.7M |
| 4 | NJ | 1 | $0.8M | $828K |
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.