ENSBA LENDING, SMALL BUSINESS & CAPITAL ACCESS · NOVEMBER 5, 2026
SBA Reports $39.5 Billion in 7(a) and 504 Lending for FY2026
The SBA says it guaranteed 62,205 loans totaling $39.5 billion through its 7(a) and 504 programs in fiscal 2026, including $32.4 billion under 7(a) and $7.1 billion under 504.
What the SBA reported
Source publication date: November 2, 2026. The SBA said it delivered $100 billion in capital and related assistance across flagship lending, investment, disaster, counseling, training, and contracting programs during fiscal 2026. Within that broader total, the agency guaranteed 62,205 7(a) and 504 loans totaling $39.5 billion. The release reports aggregate approvals and program activity; it does not establish current availability, eligibility, underwriting, or terms for one applicant.
- 0162,205 combined 7(a) and 504 loans
- 027(a) volume totaled $32.4 billion
- 03504 volume totaled $7.1 billion
7(a) and 504 served different financing needs
The SBA reported 56,130 7(a) loans totaling $32.4 billion and 6,075 504 loans totaling $7.1 billion. Combined lending supported more than 9,700 startups with $6.5 billion in financing. Program choice still depends on eligible use of proceeds, business size, ownership, occupancy, project structure, participating-lender policy, equity, collateral, repayment capacity, guaranties, and current SBA rules.
Sector, rural, and specialized programs added context
Construction and manufacturing businesses received a combined $7 billion through 11,790 loans, while rural small businesses received 10,314 loans totaling $6.5 billion. The SBA also reported 149 Made in America Guarantee loans totaling nearly $300 million, 79 Grocery Guarantee loans totaling $145 million, and 59 Manufacturers’ Access to Revolving Credit loans totaling $54 million. Those totals are not commitments to future applicants and specialized programs carry separate requirements.
Practical borrower takeaway
Define the amount, eligible use, timing, ownership, occupancy, equity source, collateral, guarantors, and primary repayment source before selecting a program. Reconcile tax returns, interim statements, projections, debt schedules, personal financial statements, entity records, purchase or project documents, and funds to close. Compare 7(a), 504, conventional, and other appropriate structures with current participating lenders, and preserve contingency for third-party reports, conditions, and closing delays.
Small-business borrowers should choose a program by eligible use, structure, occupancy, collateral, equity, repayment capacity, and participating-lender requirements; strong national volume does not guarantee eligibility, approval, timing, proceeds, or terms.
Discuss a financing need →This independent summary is based on the cited source and is provided for general educational purposes only. Terms and program requirements may change.