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

SBA Loan Index
Subscribe
Lender Finder Tools States Industries Trends Research Guides

Research

SBA lending statistics: the key numbers

The headline figures on SBA 7(a) and 504 lending, straight from the public SBA data: 490,325 funded loans worth $291.6B across 2,334 lenders.

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

SBA loans funded
490,325
Total funded volume
$291.6B
Active lenders
2,334
Average loan size
$595K
Top 10 lenders share (7a)
27.7%
States and territories
54

The biggest SBA lenders

  1. 1. Live Oak Banking Company $13.3B
  2. 2. The Huntington National Bank $10.8B
  3. 3. Mortgage Capital Development Corporation $6.4B
  4. 4. Newtek Bank, National Association $5.3B
  5. 5. CDC Small Business Finance Corp. $5.2B

See the full ranking

Most SBA lending by state

  1. 1. California $50.2B
  2. 2. Texas $26.9B
  3. 3. Florida $23.4B
  4. 4. New York $12.4B
  5. 5. Georgia $11.5B

Most SBA lending by industry

  1. 1. Accommodation and Food Services $52.1B
  2. 2. Retail Trade $38.2B
  3. 3. Health Care and Social Assistance $33.1B
  4. 4. Manufacturing $29.1B
  5. 5. Construction $23.2B
Method, sources, and disclaimer. All figures are computed from the public SBA FOIA 7(a) and 504 data (as of 2026-03-31); 7(a) covers FY2020 onward and 504 FY2010 onward. See our methodology and data sources. SBA Loan Index is not affiliated with the SBA.
Cite this analysis

Mario Bailey. (2026). SBA lending statistics: key numbers. SBA Loan Index. https://sbaloanindex.com/studies/sba-lending-statistics/

Free to cite and quote with attribution and a link. Members of the press can reach us via our press page.

More SBA data analysis

We publish new studies on SBA lending patterns. Get them by email, no spam.

We use your email only to send lending-trend updates. See our privacy policy.

All research