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FY 2024 SBA Lending Statistics
5,655 banks all-time funded an SBA 7(a) loan, 2,896 over the last decade, and 1,277 banks funded an SBA loan over the last 12 months.
Our Analytics Platform is a Factory of Business Intelligence
The original source of SBA loan data is derived from data released by the U.S. Small Business Administration (SBA). The SBA collects individual loan data from the SBA lender/bank approving and providing SBA loans. The SBA then makes basic loan data public through the FOIA (Freedom of Information Act) requirements. The SBA FOIA data is imported into the SBADNA advanced analytics platform which is then used to generate the reports and rankings shared on LoanBox.