SBA 7(a) Lending Data
Year-to-date SBA 7(a) loan statistics by state. Track lending activity and average loan sizes.
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Live Data Feed Coming Soon
All figures shown are illustrative examples. Real-time market data integration is in development.
National Overview
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Illustrative data only — live data feed coming soon
Total SBA Loans (YTD)
81,500
Across all states
National Average Loan
$273,500
Mean across states
States Tracked
10
Major markets
ILLUSTRATIVE
DATA ONLY
State-by-State Data
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Illustrative data only — live data feed coming soon
| State | Loans YTD | Average Loan Size | Total Median Price |
|---|---|---|---|
| Texas | 12,500 | $285,000 | $395,000 |
| California | 18,200 | $340,000 | $475,000 |
| Florida | 11,800 | $265,000 | $350,000 |
| New York | 9,500 | $310,000 | $520,000 |
| Illinois | 6,200 | $275,000 | $385,000 |
| Georgia | 5,100 | $250,000 | $340,000 |
| Ohio | 4,800 | $235,000 | $310,000 |
| Pennsylvania | 5,400 | $260,000 | $365,000 |
| North Carolina | 4,200 | $245,000 | $330,000 |
| Arizona | 3,800 | $270,000 | $355,000 |
ILLUSTRATIVE
DATA ONLY
Understanding SBA 7(a) Loans
Who Qualifies?
- ✓U.S. Citizens/Residents: You must be a U.S. citizen or permanent resident
- ✓Business Ownership: You must have 20%+ ownership stake
- ✓Good Credit: Typically 700+ credit score required
- ✓Collateral: Lenders require personal guarantee and business assets as collateral
Key Terms
Loan Amount
Up to $5 million
Repayment Terms
5-10 years typical for acquisitions
Down Payment
10-20% of purchase price
SBA Guarantee
75-90% of loan amount
SBA Loan Uses for Acquisition
Allowed Uses
- Purchase of business assets
- Owner's equity injection (down payment)
- Working capital for acquired business
- Equipment and inventory
- Assumption of seller financing
Not Allowed
- Paying off personal debt
- Real estate (unless used in business)
- Refinancing other business debt
- Margin accounts or securities
- Charitable contributions
Timeline Expectations
- Application: 1-2 weeks
- SBA Review: 2-3 weeks
- Underwriting: 1-2 weeks
- Closing & Funding: 1-2 weeks
- Total: 30-45 days typical
Document Requirements
- Personal tax returns (3 years)
- Business tax returns & financials
- Personal financial statement
- Business purchase agreement
- Detailed business plan
- Credit report authorization