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

SBA Loan Index

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SBA lending by industry

Real Estate

SBA lenders funded 24,962 7(a) and 504 loans in Real Estate since FY2010, totaling $14.9B at an average of $597K 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, FY2010–2026 (as of 2026-03-31)

NAICS sector
53
Funded loans
24,962
Since FY2010
Total volume
$14.9B
Average loan size
$597K

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

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Where Real Estate loans go

StateLoansTotal volume
California 3,632 $2.5B
Texas 1,749 $1.4B
Florida 1,715 $1.0B
New York 1,346 $579.2M
Georgia 634 $530.8M
Illinois 793 $526.0M
Colorado 775 $511.9M
Utah 768 $483.6M

Real Estate SBA lending by year

Funded SBA volume by approval fiscal year (FY2010–2026).

Fiscal yearLoansTotal volume
20101,061$342.2M
20111,349$802.8M
20121,242$729.7M
20131,218$668.3M
20141,298$642.4M
20151,675$871.3M
20161,642$911.2M
20171,653$961.4M
20181,622$975.6M
20191,378$819.6M
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

SBA lending in Real Estate: frequently asked questions

How much SBA lending goes to Real Estate?

SBA lenders funded 24,962 7(a) and 504 loans in Real Estate totaling $14.9B in the public SBA data (as of 2026-03-31), an average of $597K per loan.

Who is the most active SBA lender for Real Estate?

Live Oak Banking Company is the most active SBA lender in the Real Estate sector in the public data, by funded volume.

Which states get the most SBA lending in Real Estate?

The most SBA funding for Real Estate goes to California.

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.

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