SBA loan data
SBA loan data: every state, Pennsylvania counties and top industries
How many SBA 7(a) and 504 loans were approved, how large they were, which industries received them and which lenders and CDCs made the most, built from the SBA's public loan-level data. 342,797 loans in FY2020–FY2025, broken down by state, Pennsylvania county and industry.
Data as of (SBA 7(a) & 504 FOIA release). Headline figures cover fiscal years 2020 through 2025 (October 1, 2019 to September 30, 2025). Methodology and sources.
Headline numbers, FY2020–FY2025
342,797 SBA 7(a) and 504 loans totaling $198.75 billion were approved nationwide in FY2020–FY2025 (302,593 7(a) and 40,204 504), excluding loans later cancelled.
- 342,797SBA loans approved (7(a) + 504)
- $198.75 billionTotal approved amount
- $198,300Median 7(a) loan (302,593 loans)
- $631,000Median 504 amount (40,204 loans)
- 3,555,821Jobs supported, as reported on the loans
- 11.8%Loans to franchise businesses
What the national numbers show
- Half of the 7(a) loans approved nationwide were between $52,000 and $518,000, and the median was $198,300. A request well above $518,000 would be larger than three in four 7(a) loans recorded here.
- 40.6% of 7(a) loans here were under $150,000.
- 504 loans were 11.7% of the loans counted here, with a median 504 amount of $631,000.
- 2,116 lenders (counted by name as recorded in the data) approved at least one 7(a) loan here. The 10 most active by count made 40.2% of 7(a) loans, so 7(a) lending here is moderately concentrated.
- 7(a) approvals went from 36,490 in FY2020 to 64,096 in FY2025, up 76%.
- The sector with the most loans was Accommodation and Food Services (12.7% of loans), followed by Construction (12.4%).
These are counts of approved loans. The data does not show applications that were declined or withdrawn, so it says nothing about approval odds, and past volume is not a forecast for any individual request.
Loans by fiscal year
| Fiscal year | 7(a) loans | 7(a) amount | 504 loans | 504 amount |
|---|---|---|---|---|
| FY2020 | 36,490 | $19.51 billion | 6,071 | $4.79 billion |
| FY2021 | 45,360 | $32.20 billion | 8,263 | $6.89 billion |
| FY2022 | 42,282 | $23.27 billion | 8,092 | $7.95 billion |
| FY2023 | 51,747 | $24.66 billion | 5,478 | $5.92 billion |
| FY2024 | 62,618 | $27.52 billion | 5,770 | $6.42 billion |
| FY2025 | 64,096 | $32.07 billion | 6,530 | $7.56 billion |
| FY2026 (to 06/30, partial) | 35,641 | $19.89 billion | 4,414 | $5.22 billion |
FY2026 covers only part of the year and is not included in any other figure on this page. Recent years can still change as loans are cancelled after approval.
Loan sizes
| Measure | 7(a) | 504 |
|---|---|---|
| Loans | 302,593 | 40,204 |
| 25th percentile | $52,000 | $334,000 |
| Median | $198,300 | $631,000 |
| 75th percentile | $518,000 | $1,231,000 |
| Average | $526,186 | $983,192 |
| Loan amount | 7(a) loans | 7(a) share | 504 loans | 504 share |
|---|---|---|---|---|
| Under $150,000 | 122,810 | 40.6% | 1,977 | 4.9% |
| $150,000 to $349,999 | 69,093 | 22.8% | 8,755 | 21.8% |
| $350,000 to $999,999 | 65,943 | 21.8% | 16,569 | 41.2% |
| $1 million to $1,999,999 | 24,765 | 8.2% | 7,993 | 19.9% |
| $2 million to $4,999,999 | 17,700 | 5.8% | 4,430 | 11.0% |
| $5 million or more | 2,282 | 0.8% | 480 | 1.2% |
504 amounts are the CDC portion recorded in SBA's data (the "GrossApproval" field); the separate first-lien lender loan in a 504 project is not included, so 504 and 7(a) amounts are not directly comparable.
Industries
| Sector | Loans | Share | Amount |
|---|---|---|---|
| Accommodation and Food Services (72) | 43,503 | 12.7% | $35.02 billion |
| Construction (23) | 42,457 | 12.4% | $17.04 billion |
| Retail Trade (44-45) | 41,936 | 12.2% | $26.76 billion |
| Health Care and Social Assistance (62) | 34,268 | 10.0% | $22.12 billion |
| Other Services (except Public Administration) (81) | 32,673 | 9.5% | $16.16 billion |
| Professional, Scientific, and Technical Services (54) | 31,769 | 9.3% | $14.68 billion |
| Manufacturing (31-33) | 23,133 | 6.7% | $18.00 billion |
| Transportation and Warehousing (48-49) | 19,277 | 5.6% | $6.88 billion |
| Administrative and Support and Waste Management and Remediation Services (56) | 18,450 | 5.4% | $6.84 billion |
| Wholesale Trade (42) | 15,300 | 4.5% | $11.76 billion |
| Industry | Loans | Share |
|---|---|---|
| Full-Service Restaurants (722511) | 15,580 | 4.5% |
| Limited-Service Restaurants (722513) | 11,002 | 3.2% |
| Residential Remodelers (236118) | 6,509 | 1.9% |
| Fitness and Recreational Sports Centers (713940) | 6,239 | 1.8% |
| Hotels (except Casino Hotels) and Motels (721110) | 6,214 | 1.8% |
| General Freight Trucking, Long-Distance, Truckload (484121) | 6,061 | 1.8% |
| Plumbing, Heating, and Air-Conditioning Contractors (238220) | 5,824 | 1.7% |
| All Other Specialty Trade Contractors (238990) | 5,679 | 1.7% |
| Landscaping Services (561730) | 5,578 | 1.6% |
| Child Care Services (624410) | 5,404 | 1.6% |
Shares are of all 7(a) and 504 loans for the United States in FY2020–FY2025. Only industries with at least 10 loans are listed.
Most active lenders and CDCs
Ranked by number of loans approved for the United States in FY2020–FY2025, then by amount. Names are shown exactly as recorded in SBA's data; the same institution can appear under more than one name, and we do not merge them. Lenders or CDCs with fewer than 10 loans here are not listed. This is a count of past activity, not a ranking of quality or a recommendation.
| # | Lender (as recorded) | Loans | Amount |
|---|---|---|---|
| 1 | The Huntington National Bank | 36,503 | $9.13 billion |
| 2 | TD Bank, National Association | 13,864 | $2.09 billion |
| 3 | U.S. Bank, National Association | 13,192 | $3.27 billion |
| 4 | Wells Fargo Bank National Association | 10,869 | $2.84 billion |
| 5 | Manufacturers and Traders Trust Company | 9,052 | $1.21 billion |
| 6 | BayFirst National Bank | 8,643 | $1.60 billion |
| 7 | Live Oak Banking Company | 8,160 | $11.50 billion |
| 8 | Readycap Lending, LLC | 8,114 | $3.62 billion |
| 9 | JPMorgan Chase Bank, National Association | 7,639 | $1.96 billion |
| 10 | Newtek Bank, National Association | 5,741 | $2.47 billion |
| # | CDC (as recorded) | Loans | Amount |
|---|---|---|---|
| 1 | Mortgage Capital Development Corporation | 2,527 | $3.31 billion |
| 2 | Florida Business Development Corporation | 2,004 | $1.83 billion |
| 3 | Florida First Capital Finance Corporation, Inc. | 1,936 | $2.03 billion |
| 4 | Business Finance Capital | 1,572 | $2.00 billion |
| 5 | Mountain West Small Business Finance | 1,457 | $1.39 billion |
| 6 | Empire State Certified Development Corporation | 1,412 | $1.58 billion |
| 7 | California Statewide Certified Development Corporation | 1,350 | $1.59 billion |
| 8 | WBD, Inc. | 1,273 | $1.16 billion |
| 9 | CDC Small Business Finance Corp. | 1,250 | $1.42 billion |
| 10 | Granite State Economic Development Corporation | 1,246 | $738.6 million |
2,116 lender names appear on at least one 7(a) loan for the United States, and 184 CDC names on at least one 504 loan.
7(a) loans by processing method
| Processing method (as recorded) | Loans | Share of 7(a) |
|---|---|---|
| Preferred Lenders Program | 161,382 | 53.3% |
| SBA Express Program | 117,265 | 38.8% |
| 7a General | 18,844 | 6.2% |
| Community Advantage Initiative | 2,246 | 0.7% |
| Working Capital CAPLine | 880 | 0.3% |
| International Trade Loans | 799 | 0.3% |
SBA loans by state
Each state page has the same tables for that state, plus its most active 7(a) lenders and 504 CDCs. Loans are assigned to the project state recorded on the loan.
| State | All loans | Amount | 7(a) loans | 504 loans | Median 7(a) |
|---|---|---|---|---|---|
| Alabama | 2,456 | $1.74 billion | 2,089 | 367 | $279,900 |
| Alaska | 627 | $436.9 million | 521 | 106 | $311,000 |
| Arizona | 7,109 | $4.93 billion | 6,005 | 1,104 | $320,000 |
| Arkansas | 1,751 | $1.06 billion | 1,628 | 123 | $225,000 |
| California | 42,441 | $31.85 billion | 34,481 | 7,960 | $272,000 |
| Colorado | 9,117 | $6.03 billion | 8,049 | 1,068 | $294,000 |
| Connecticut | 4,198 | $1.84 billion | 3,718 | 480 | $149,450 |
| Delaware | 1,008 | $405.9 million | 979 | 29 | $100,000 |
| District of Columbia | 645 | $317.7 million | 607 | 38 | $150,000 |
| Florida | 25,586 | $15.99 billion | 21,899 | 3,687 | $250,000 |
| Georgia | 10,009 | $8.16 billion | 8,951 | 1,058 | $350,000 |
| Hawaii | 907 | $286.6 million | 796 | 111 | $50,000 |
| Idaho | 3,424 | $1.62 billion | 2,843 | 581 | $150,000 |
| Illinois | 12,353 | $7.34 billion | 10,510 | 1,843 | $200,000 |
| Indiana | 6,973 | $3.50 billion | 6,192 | 781 | $150,000 |
| Iowa | 2,412 | $1.14 billion | 2,029 | 383 | $164,300 |
| Kansas | 2,598 | $1.39 billion | 2,368 | 230 | $237,650 |
| Kentucky | 2,600 | $1.26 billion | 2,441 | 159 | $150,000 |
| Louisiana | 2,381 | $1.60 billion | 2,245 | 136 | $250,000 |
| Maine | 2,011 | $655.8 million | 1,643 | 368 | $100,000 |
| Maryland | 5,093 | $2.25 billion | 4,882 | 211 | $134,000 |
| Massachusetts | 9,065 | $3.27 billion | 7,650 | 1,415 | $100,000 |
| Michigan | 13,048 | $5.37 billion | 12,142 | 906 | $120,800 |
| Minnesota | 10,391 | $5.08 billion | 8,830 | 1,561 | $165,000 |
| Mississippi | 1,812 | $1.06 billion | 1,772 | 40 | $203,150 |
| Missouri | 5,803 | $3.22 billion | 5,249 | 554 | $225,000 |
| Montana | 1,352 | $729.2 million | 1,112 | 240 | $185,000 |
| Nebraska | 1,960 | $994.9 million | 1,720 | 240 | $179,000 |
| Nevada | 3,650 | $2.29 billion | 2,963 | 687 | $235,000 |
| New Hampshire | 2,963 | $962.1 million | 2,435 | 528 | $100,000 |
| New Jersey | 10,560 | $5.61 billion | 10,001 | 559 | $150,000 |
| New Mexico | 1,486 | $921.5 million | 1,300 | 186 | $250,000 |
| New York | 19,625 | $8.11 billion | 18,352 | 1,273 | $125,000 |
| North Carolina | 7,353 | $5.55 billion | 6,861 | 492 | $350,000 |
| North Dakota | 1,076 | $575.8 million | 706 | 370 | $174,600 |
| Ohio | 18,891 | $6.36 billion | 18,026 | 865 | $95,000 |
| Oklahoma | 2,954 | $1.73 billion | 2,744 | 210 | $250,000 |
| Oregon | 5,083 | $2.75 billion | 4,625 | 458 | $147,600 |
| Pennsylvania | 11,089 | $5.44 billion | 10,308 | 781 | $150,000 |
| Rhode Island | 1,411 | $567.4 million | 1,107 | 304 | $145,000 |
| South Carolina | 3,677 | $2.55 billion | 3,439 | 238 | $295,000 |
| South Dakota | 1,321 | $701.8 million | 797 | 524 | $150,000 |
| Tennessee | 3,629 | $2.43 billion | 3,496 | 133 | $260,000 |
| Texas | 24,649 | $19.34 billion | 22,836 | 1,813 | $340,200 |
| Utah | 6,773 | $4.24 billion | 5,194 | 1,579 | $202,450 |
| Vermont | 1,001 | $300.4 million | 880 | 121 | $75,000 |
| Virginia | 5,715 | $3.35 billion | 4,991 | 724 | $220,000 |
| Washington | 9,067 | $5.76 billion | 8,282 | 785 | $215,000 |
| West Virginia | 1,012 | $395.7 million | 989 | 23 | $116,500 |
| Wisconsin | 7,115 | $4.25 billion | 5,763 | 1,352 | $230,000 |
| Wyoming | 625 | $366.0 million | 505 | 120 | $167,300 |
National totals also include loans in U.S. territories (such as Puerto Rico, the U.S. Virgin Islands and Guam), which do not have separate pages.
Pennsylvania by county
Pennsylvania had 11,089 SBA 7(a) and 504 loans totaling $5.44 billion in FY2020–FY2025. The Pennsylvania county index lists all 67 counties, with a page for each county that had at least 10 loans (61 counties).
The 25 industries with the most SBA loans
| # | Industry | NAICS | Loans | Amount | Median 7(a) |
|---|---|---|---|---|---|
| 1 | Full-Service Restaurants | 722511 | 15,580 | $8.99 billion | $271,150 |
| 2 | Limited-Service Restaurants | 722513 | 11,002 | $5.57 billion | $325,000 |
| 3 | Residential Remodelers | 236118 | 6,509 | $1.29 billion | $75,000 |
| 4 | Fitness and Recreational Sports Centers | 713940 | 6,239 | $2.95 billion | $265,000 |
| 5 | Hotels and Motels | 721110 | 6,214 | $15.39 billion | $2,320,000 |
| 6 | Long-Distance Truckload Trucking | 484121 | 6,061 | $1.46 billion | $67,000 |
| 7 | Plumbing and HVAC Contractors | 238220 | 5,824 | $2.77 billion | $150,000 |
| 8 | All Other Specialty Trade Contractors | 238990 | 5,679 | $2.86 billion | $170,000 |
| 9 | Landscaping Services | 561730 | 5,578 | $1.77 billion | $100,000 |
| 10 | Child Care Services | 624410 | 5,404 | $4.80 billion | $447,750 |
| 11 | General Automotive Repair | 811111 | 5,362 | $2.69 billion | $248,800 |
| 12 | Local General Freight Trucking | 484110 | 5,042 | $1.56 billion | $62,700 |
| 13 | Beauty Salons | 812112 | 4,568 | $978.7 million | $80,000 |
| 14 | Snack and Nonalcoholic Beverage Bars | 722515 | 4,511 | $1.75 billion | $260,000 |
| 15 | Dental Offices | 621210 | 4,247 | $3.90 billion | $550,300 |
| 16 | Physician Offices | 621111 | 4,166 | $2.90 billion | $300,000 |
| 17 | Insurance Agencies and Brokerages | 524210 | 4,164 | $1.95 billion | $235,300 |
| 18 | Electrical Contractors | 238210 | 3,857 | $1.67 billion | $150,000 |
| 19 | Law Offices | 541110 | 3,583 | $1.61 billion | $150,000 |
| 20 | Other Personal Care Services | 812199 | 3,225 | $1.17 billion | $165,000 |
| 21 | Chiropractor Offices | 621310 | 2,913 | $824.0 million | $150,000 |
| 22 | Other Professional and Technical Services | 541990 | 2,829 | $1.44 billion | $200,000 |
| 23 | Home Health Care Services | 621610 | 2,790 | $1.40 billion | $200,000 |
| 24 | Other Personal Services | 812990 | 2,762 | $1.07 billion | $132,200 |
| 25 | Pet Care Services | 812910 | 2,750 | $1.42 billion | $245,450 |
Methodology in brief
- Source: the U.S. Small Business Administration's 7(a) & 504 FOIA loan-level data, release as of June 30, 2026.
- Period: loans approved in FY2020–FY2025 (by SBA fiscal year, October to September). FY2026 is shown in the yearly tables as a partial year only.
- What counts: every approved 7(a) and 504 loan except those the data marks as cancelled. Amounts are gross approved amounts; for 504 that is the CDC portion.
- Privacy and small numbers: any figure based on fewer than 10 loans is shown as "fewer than 10". Lenders and CDCs are listed only with at least 10 loans in the place shown.
- Lender names: exactly as recorded in the data, not merged or edited.
Questions this data answers
How many SBA loans were approved nationwide from FY2020 to FY2025?
342,797 SBA 7(a) and 504 loans totaling $198.75 billion: 302,593 7(a) loans and 40,204 504 loans, according to SBA FOIA data as of June 30, 2026. Loans later cancelled are excluded.
What is the median SBA 7(a) loan size nationwide?
$198,300 for loans approved in FY2020–FY2025. Half of the 7(a) loans were between $52,000 and $518,000; the average was $526,186, pulled up by a smaller number of large loans.
What is the typical SBA 504 loan amount nationwide?
The median 504 amount was $631,000 across 40,204 loans. This is the CDC portion recorded in SBA's data; the separate first-lien lender loan in a 504 project is not included.
Which industries received the most SBA loans nationwide?
By loan count: Accommodation and Food Services (12.7%), Construction (12.4%), Retail Trade (12.2%), based on the NAICS code recorded for each loan.
Related guides
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The numbers above describe loans that were approved. They do not say what any lender would do with your request. Tell us what you are trying to finance and we will help you see how it lines up. No documents needed to start, and we do not pull your credit.
Figures are compiled by Precise SBA from the U.S. Small Business Administration's public 7(a) and 504 FOIA loan-level data and are shown as recorded, including lender names. They describe past approvals only: they are not rates, approval odds, a ranking or an endorsement of any lender, and not a prediction for any loan. Precise SBA is not a lender and is not affiliated with the U.S. Small Business Administration. We never charge you. If a loan closes, the lender may pay us a referral fee, disclosed on SBA Form 159 (how we get paid).