7(a) Lending
Gross approval amounts
FY2026 Volume
$175.2M
#44 by FY2026 volume
FY2026 Loans
165
$1.1M avg size
FY2022–FY2026 Volume
$930.7M
FY2022–FY2026 Loans
933
Annual Trend
Approval volume (bars) and loan count (line)
Geographic Footprint
Approval volume by project state, FY2026
Activity by State
12 states, districts, and territories with activity
| # | ||||
|---|---|---|---|---|
| 1 | MN | 39 | $45.3M | $1.2M |
| 2 | IN | 30 | $29.8M | $993K |
| 3 | IL | 16 | $29.3M | $1.8M |
| 4 | WI | 26 | $23.6M | $907K |
| 5 | MI | 18 | $15.4M | $853K |
| 6 | TN | 21 | $13.3M | $633K |
| 7 | KY | 5 | $7.0M | $1.4M |
| 8 | OH | 2 | $3.2M | $1.6M |
| 9 | TX | 2 | $3.0M | $1.5M |
| 10 | KS | 1 | $1.9M | $1.9M |
504 Third Party Lending
First mortgage amounts committed alongside 504 debentures
FY2026 Volume
$40.7M
#42 by FY2026 volume
FY2026 Loans
19
$2.1M avg size
FY2022–FY2026 Volume
$222.4M
FY2022–FY2026 Loans
134
Annual Trend
Approval volume (bars) and loan count (line)
Geographic Footprint
Approval volume by project state, FY2026
Activity by State
6 states, districts, and territories with activity
| # | ||||
|---|---|---|---|---|
| 1 | IL | 8 | $17.2M | $2.1M |
| 2 | WI | 5 | $9.4M | $1.9M |
| 3 | KY | 1 | $7.4M | $7.4M |
| 4 | MN | 1 | $4.2M | $4.2M |
| 5 | MI | 3 | $2.4M | $813K |
| 6 | IN | 1 | $0.1M | $91K |
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.