SBA Small Business Loans
7(a) and 504 loans approved, fiscal years 2022 to 2026
- Loans approved
- 326,576
- Amount approved
- $179B
- 7(a) loans
- 294,184
- 504 loans
- 32,392
Counts and dollar amounts are SBA 7(a) and 504 loans approved in each federal fiscal year (October to September), from SBA's FOIA loan data. Loans are placed by the project county and the borrower's city. Borrower names are not shown. Jobs supported are the jobs borrowers reported when they applied.
Loans by fiscal year
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| Year | Loans | Amount | Average | 7(a) | 504 |
|---|---|---|---|---|---|
| FY2026 (through 06/30/2026) | 45,283 | $27.1B | $598,495 | 40,824 | 4,459 |
| FY2025 | 84,840 | $45.1B | $531,494 | 78,078 | 6,762 |
| FY2024 | 76,235 | $37.8B | $495,690 | 70,242 | 5,993 |
| FY2023 | 63,286 | $33.9B | $536,217 | 57,362 | 5,924 |
| FY2022 | 56,932 | $34.9B | $613,044 | 47,678 | 9,254 |
Top lenders
7(a) lenders and 504 certified development companies, by amount
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| Lender | Loans | Amount |
|---|---|---|
| Live Oak Banking Company | 7,656 | $10B |
| The Huntington National Bank | 34,099 | $8.8B |
| Newtek Bank, National Association | 13,752 | $5.7B |
| Readycap Lending, LLC | 9,681 | $3.5B |
| Mortgage Capital Development Corporation | 2,466 | $3.3B |
| U.S. Bank, National Association | 13,058 | $3B |
| Celtic Bank Corporation | 4,816 | $2.7B |
| Byline Bank | 1,956 | $2.3B |
| Wells Fargo Bank National Association | 8,295 | $2.2B |
| Northeast Bank | 13,607 | $2.2B |
By state
All years shown
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| State | Loans | Amount |
|---|---|---|
| Alabama | 2,408 | $1.6B |
| Alaska | 588 | $424M |
| Arizona | 6,744 | $4.4B |
| Arkansas | 1,577 | $1B |
| California | 40,496 | $27.3B |
| Colorado | 8,481 | $5.2B |
| Connecticut | 4,368 | $1.8B |
| Delaware | 1,044 | $390M |
| District of Columbia | 690 | $331M |
| Florida | 26,568 | $15.5B |
| Georgia | 9,542 | $7.2B |
| Guam | 35 | $11M |
| Hawaii | 869 | $276M |
| Idaho | 3,236 | $1.5B |
| Illinois | 11,759 | $6.7B |
| Indiana | 6,170 | $3.1B |
| Iowa | 2,040 | $958M |
| Kansas | 2,210 | $1.2B |
| Kentucky | 2,397 | $1.2B |
| Louisiana | 2,358 | $1.5B |
| Maine | 1,858 | $604M |
| Maryland | 5,490 | $2.3B |
| Massachusetts | 8,763 | $3.2B |
| Michigan | 11,647 | $4.8B |
| Minnesota | 8,200 | $4.1B |
| Mississippi | 1,578 | $941M |
| Missouri | 5,137 | $2.9B |
| Montana | 1,141 | $658M |
| Nebraska | 1,690 | $850M |
| Nevada | 3,601 | $2.1B |
| New Hampshire | 2,722 | $895M |
| New Jersey | 11,018 | $5.2B |
| New Mexico | 1,317 | $783M |
| New York | 20,670 | $7.9B |
| North Carolina | 7,232 | $5B |
| North Dakota | 786 | $460M |
| Ohio | 16,513 | $5.7B |
| Oklahoma | 2,477 | $1.5B |
| Oregon | 4,859 | $2.4B |
| Pennsylvania | 10,936 | $5B |
| Puerto Rico | 2,775 | $549M |
| Rhode Island | 1,315 | $489M |
| South Carolina | 3,649 | $2.2B |
| South Dakota | 1,054 | $591M |
| Tennessee | 3,757 | $2.2B |
| Texas | 24,017 | $17.7B |
| U.S. Virgin Islands | 79 | $55.2M |
| Utah | 6,124 | $3.7B |
| Vermont | 851 | $266M |
| Virginia | 5,811 | $3.1B |
| Washington | 8,664 | $5.1B |
| West Virginia | 872 | $340M |
| Wisconsin | 5,807 | $3.4B |
| Wyoming | 586 | $340M |
Source: U.S. Small Business Administration, 7(a) and 504 FOIA loan data ยท Last updated 06/30/2026