Research / SbaLoanPulse
New SBA 7(a) & 504 Loan Approvals: 2026 statistics from 32,327 public records
California leads with 4,061 of 32,327 records (12.6%), ahead of Texas with 2,957 (9.1%) (as of 2026-11-04; source: U.S. Small Business Administration 7(a) and 504 FOIA loan data).
Data as of · Compiled by Zalwin from U.S. Small Business Administration 7(a) and 504 FOIA loan data
Key findings
- Zalwin's SbaLoanPulse dataset holds 32,327 SbaLoanPulse records dated 2026-01-01 to 2026-09-30 (as of 2026-11-04; source: U.S. Small Business Administration 7(a) and 504 FOIA loan data). #
- California leads with 4,061 of 32,327 records (12.6%), ahead of Texas with 2,957 (9.1%) (as of 2026-11-04; source: U.S. Small Business Administration 7(a) and 504 FOIA loan data). #
- The most common industry is Hotels & restaurants: 4,823 of 32,327 records (14.9%) (as of 2026-11-04; source: U.S. Small Business Administration 7(a) and 504 FOIA loan data). #
- Across 32,327 records with a stated loan, the total is $29,409,686,718 and the median is $447,000; the largest is $5,500,000 (CREATIVE PROPERTIES OF KENTUCKY, LLC, Shelbyville KY) (as of 2026-11-04; source: U.S. Small Business Administration 7(a) and 504 FOIA loan data). #
- The top 10% of records by loan (3,233 of 32,327) account for 40.9% of the total (as of 2026-11-04; source: U.S. Small Business Administration 7(a) and 504 FOIA loan data). #
- In California, the leading industry is Retail trade with 536 of 4,061 records (13.2%) (as of 2026-11-04; source: U.S. Small Business Administration 7(a) and 504 FOIA loan data). #
SbaLoanPulse records by state
| Group | Records | Share | Total loan |
|---|---|---|---|
| California | 4,061 | 12.6% | $4,114,475,500 |
| Texas | 2,957 | 9.1% | $3,149,500,900 |
| Florida | 2,861 | 8.9% | $2,557,480,600 |
| New York | 1,602 | 5.0% | $1,262,774,000 |
| Illinois | 1,090 | 3.4% | $1,025,576,800 |
| Georgia | 1,075 | 3.3% | $1,128,344,000 |
| Ohio | 1,048 | 3.2% | $940,680,100 |
| New Jersey | 1,001 | 3.1% | $838,976,400 |
| Pennsylvania | 983 | 3.0% | $852,572,400 |
| Washington | 900 | 2.8% | $887,498,600 |
| Michigan | 887 | 2.7% | $766,151,200 |
| Colorado | 876 | 2.7% | $769,865,500 |
| North Carolina | 852 | 2.6% | $873,121,800 |
| Arizona | 810 | 2.5% | $789,903,400 |
| Massachusetts | 802 | 2.5% | $511,934,700 |
SbaLoanPulse records by industry
| Group | Records | Share | Total loan |
|---|---|---|---|
| Hotels & restaurants | 4,823 | 14.9% | $5,421,670,500 |
| Construction | 3,850 | 11.9% | $2,634,527,400 |
| Health care | 3,773 | 11.7% | $3,571,381,100 |
| Retail trade | 3,622 | 11.2% | $3,607,434,300 |
| Other services | 3,131 | 9.7% | $2,434,948,018 |
| Professional services | 2,735 | 8.5% | $2,069,158,900 |
| Manufacturing | 2,292 | 7.1% | $2,667,197,200 |
| Administrative & support services | 1,815 | 5.6% | $1,143,030,700 |
| Arts & recreation | 1,584 | 4.9% | $1,441,994,100 |
| Wholesale trade | 1,337 | 4.1% | $1,432,938,600 |
| Transportation & warehousing | 903 | 2.8% | $834,931,500 |
| Real estate | 630 | 1.9% | $619,117,400 |
| Education | 626 | 1.9% | $488,098,800 |
| Finance & insurance | 620 | 1.9% | $422,784,400 |
| Information | 247 | 0.8% | $185,455,400 |
Methodology and data provenance
- Sample: 32,327 public records dated 2026-01-01 to 2026-09-30; illustrative samples excluded.
- Source: U.S. Small Business Administration 7(a) and 504 FOIA loan data. Refreshed automatically about every 168 hours; figures above are as of 2026-11-04.
- Shares are of all records in the dataset; totals and medians use only records with a stated loan.
- Organization-level data only. Informational; verify individual records at the official source.
Cite this study
Zalwin Research, "SbaLoanPulse statistics" (data as of 2026-11-04), https://zalwin.com/research/sbaloanpulse
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