Independent reference built on public SBA FOIA loan data. Not affiliated with the U.S. Small Business Administration.

SBA Loan Index
Lender Finder Tools States Industries Trends Research Guides

SBA lending by industry

Real Estate

SBA lenders funded 12,909 7(a) and 504 loans in Real Estate, totaling $8.6B at an average of $668K per loan. The most active lender in this sector is Live Oak Banking Company, and the most funding goes to California.

By Mario Bailey · Source: SBA FOIA data, as of 2026-03-31

NAICS sector
53
Funded loans
12,909
Total volume
$8.6B
Average loan size
$668K

Do you qualify as a small business here?

To use an SBA loan, your business has to count as small under the SBA size standard for its specific NAICS code. In Real Estate, standards are generally based on your average annual receipts (revenue), but the exact threshold is set per 6-digit NAICS code and varies within the sector, so check yours with the official tool. Our eligibility guide explains the rest.

Check your SBA size standard

Most active SBA lenders in Real Estate

LenderLoansTotal volume
Live Oak Banking Company 534 $946.4M
Bank Five Nine 196 $207.4M
Mortgage Capital Development Corporation 168 $188.1M
Mountain West Small Business Finance 197 $186.0M
Florida Business Development Corporation 194 $171.9M
CDC Small Business Finance Corp. 199 $171.6M
The Huntington National Bank 590 $164.9M
U.S. Bank, National Association 592 $130.4M

Where Real Estate loans go

StateLoansTotal volume
California 1,949 $1.5B
Texas 856 $805.3M
Florida 1,067 $658.4M
Utah 429 $326.3M
Colorado 388 $301.6M
New York 646 $298.7M
Georgia 364 $289.5M
Illinois 405 $276.1M

Real Estate SBA lending by year

Fiscal yearLoansTotal volume
2010105$49.0M
2011171$106.0M
2012337$231.6M
2013251$162.5M
2014177$112.7M
2015205$125.4M
2016219$164.5M
2017203$153.9M
2018202$166.8M
2019215$178.9M
20201,384$999.3M
20212,016$1.7B
20221,732$1.2B
20231,682$1.1B
20241,652$869.9M
20251,718$877.8M
2026640$425.3M
Sources and disclaimer. Figures are computed from the U.S. Small Business Administration's public FOIA 7(a) and 504 loan data (as of 2026-03-31); see our methodology. SBA Loan Index is not affiliated with the SBA and is not a lender, broker, or financial advisor.

All industries