504 Lending (CDC)
Gross approval amounts (504 debenture)
FY2026 Volume
$187.6M
#11 by FY2026 volume
FY2026 Loans
179
$1.0M avg size
FY2022–FY2026 Volume
$992.9M
FY2022–FY2026 Loans
1,015
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
4 states, districts, and territories with activity
| # | ||||
|---|---|---|---|---|
| 1 | WI | 158 | $168.4M | $1.1M |
| 2 | MN | 19 | $16.6M | $876K |
| 3 | OH | 1 | $1.8M | $1.8M |
| 4 | MI | 1 | $0.7M | $725K |
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.