7(a) Lending
Gross approval amounts
FY2026 Volume
$256.5M
#28 by FY2026 volume
FY2026 Loans
921
$278K avg size
FY2022–FY2026 Volume
$1.98B
FY2022–FY2026 Loans
7,633
Annual Trend
Approval volume (bars) and loan count (line)
Geographic Footprint
Approval volume by project state, FY2026
Activity by State
38 states, districts, and territories with activity
| # | ||||
|---|---|---|---|---|
| 1 | CA | 188 | $49.4M | $263K |
| 2 | TX | 106 | $37.8M | $357K |
| 3 | NY | 138 | $35.5M | $257K |
| 4 | FL | 113 | $25.5M | $226K |
| 5 | NJ | 41 | $11.9M | $291K |
| 6 | IL | 42 | $11.6M | $277K |
| 7 | OH | 25 | $10.2M | $408K |
| 8 | CO | 28 | $9.5M | $340K |
| 9 | WA | 18 | $8.1M | $452K |
| 10 | MI | 23 | $7.7M | $336K |
504 Third Party Lending
First mortgage amounts committed alongside 504 debentures
FY2026 Volume
$178.8M
#6 by FY2026 volume
FY2026 Loans
162
$1.1M avg size
FY2022–FY2026 Volume
$1.35B
FY2022–FY2026 Loans
1,111
Annual Trend
Approval volume (bars) and loan count (line)
Geographic Footprint
Approval volume by project state, FY2026
Activity by State
21 states, districts, and territories with activity
| # | ||||
|---|---|---|---|---|
| 1 | CA | 50 | $60.9M | $1.2M |
| 2 | FL | 21 | $19.2M | $916K |
| 3 | NY | 16 | $15.7M | $978K |
| 4 | IL | 14 | $13.3M | $952K |
| 5 | AZ | 10 | $9.1M | $910K |
| 6 | MI | 5 | $9.1M | $1.8M |
| 7 | NV | 6 | $8.7M | $1.4M |
| 8 | NJ | 6 | $5.8M | $963K |
| 9 | GA | 5 | $5.6M | $1.1M |
| 10 | CO | 4 | $5.3M | $1.3M |
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.