SBAPULSE

Morgan Stanley Bank NA

Headquartered in SALT LAKE CITY, UT

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504 Third Party Lending

First mortgage amounts committed alongside 504 debentures

FY2026 YTD Volume

$2.2M

#533 by FY2026 volume

FY2026 YTD Loans

6

$370K avg size

FY2022–FY2026 Volume

$37.9M

FY2022–FY2026 Loans

40

Annual Trend

Approval volume (bars) and loan count (line)

Volume (left axis)Loans (right axis)

Geographic Footprint

Approval volume by project state, FY2026 YTD

Low
High

Activity by State

5 states, districts, and territories with activity

#
1CA2$0.7M$353K
2IN1$0.6M$634K
3FL1$0.3M$315K
4SC1$0.3M$300K
5GA1$0.3M$265K

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.