SBA loan data: 7(a) and 504
How large are SBA loans, who makes them, and how does your state or industry compare? Built from the SBA's official loan-level public data.
Source: U.S. Small Business Administration, 7(a) & 504 FOIA loan data [source] · File as of September 30, 2026 · Loans approved in federal fiscal years 2024–2026 (Oct 2023 – Sept 2026) · Imported November 4, 2026
Loan sizes
Compare two states
| U.S. |
|---|
By fiscal year
| Fiscal year | Loans | Median | Total |
|---|---|---|---|
| FY2024 | 62,540 | $150,000 | $27.5B |
| FY2025 | 63,954 | $180,000 | $32.0B |
| FY2026 | 48,528 | $235,000 | $29.5B |
By industry sector
| Sector | Loans | Median |
|---|---|---|
| Construction | 24,107 | $150,000 |
| Accommodation & food | 21,722 | $320,000 |
| Retail trade | 19,789 | $202,500 |
| Other services | 17,873 | $150,000 |
| Professional services | 17,778 | $150,000 |
| Health care | 17,505 | $224,000 |
| Admin & support services | 10,636 | $150,000 |
| Manufacturing | 10,080 | $250,000 |
| Arts & recreation | 7,165 | $250,000 |
| Transportation | 7,131 | $90,700 |
| Wholesale trade | 7,071 | $240,000 |
| Real estate | 3,497 | $150,000 |
| Education | 3,011 | $150,000 |
| Finance & insurance | 2,985 | $195,000 |
| Information | 1,666 | $150,000 |
Explore
By state
Loan counts, sizes, top industries and lenders for every state.
By industry
Loans to landscapers, restaurants, laundromats and more.
Top lenders
Which lenders make the most 7(a) loans.
Franchise brands
Franchise brands with the most SBA-financed units.
SBA 504 loans
504 loans finance real estate and major equipment through a Certified Development Company (CDC). Approved FY2024–FY2026, file as of September 30, 2026 [source].
What these 504 amounts cover: only the SBA-backed CDC portion of each project (typically up to 40%). A bank first loan and the borrower's down payment make up the rest, so total project costs are larger.
What this data does — and doesn't — tell you
- Approvals, not applications. These are loans SBA approved. The data has no denials, so it cannot tell you your odds of approval.
- Loan size is not startup cost. 7(a) loans also pay for buying existing businesses, real estate, equipment, refinancing and working capital.
- Gross approval amount. Figures are the full approved loan, including the part SBA does not guarantee. Some approved loans are later reduced or never fully disbursed.
- Industry codes are assigned at approval (NAICS) and can be imprecise — a mobile detailer may be coded as a car wash, for example.
- Medians beat averages here: a few very large loans pull averages up. We show the median and the middle half (25th–75th percentile).
- No default rates. Most recent loans are still being repaid, so charge-off rates for these years would be misleading. We don't show them.
- Cancelled loans are excluded, and any group with fewer than 10 loans is hidden. We never publish borrower names.
- Lender counts aren't a quality rating. Big national lenders make many small loans; local lenders may know your market better. Talk to several, or use SBA Lender Match.
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