504 Third Party Lending
First mortgage amounts committed alongside 504 debentures
FY2026 Volume
$21.5M
#101 by FY2026 volume
FY2026 Loans
21
$1.0M avg size
FY2022–FY2026 Volume
$104.3M
FY2022–FY2026 Loans
70
Annual Trend
Approval volume (bars) and loan count (line)
Volume (left axis)Loans (right axis)
Geographic Footprint
Approval volume by project state, FY2026
LowHigh
Activity by State
6 states, districts, and territories with activity
| # | ||||
|---|---|---|---|---|
| 1 | CA | 9 | $10.9M | $1.2M |
| 2 | GA | 3 | $4.5M | $1.5M |
| 3 | MI | 3 | $3.3M | $1.1M |
| 4 | FL | 3 | $1.8M | $611K |
| 5 | TX | 2 | $0.5M | $271K |
| 6 | IN | 1 | $0.4M | $388K |
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.