504 Third Party Lending
First mortgage amounts committed alongside 504 debentures
FY2026 Volume
$18.4M
#124 by FY2026 volume
FY2026 Loans
15
$1.2M avg size
FY2022–FY2026 Volume
$89.6M
FY2022–FY2026 Loans
66
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
8 states, districts, and territories with activity
| # | ||||
|---|---|---|---|---|
| 1 | CA | 4 | $5.4M | $1.3M |
| 2 | FL | 2 | $3.8M | $1.9M |
| 3 | NJ | 2 | $3.2M | $1.6M |
| 4 | LA | 1 | $2.7M | $2.7M |
| 5 | UT | 3 | $1.7M | $557K |
| 6 | CT | 1 | $0.7M | $722K |
| 7 | OH | 1 | $0.6M | $550K |
| 8 | TX | 1 | $0.4M | $365K |
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.