SBA Loans 7(a) statistics and data

Up-to-date charts to answer all your questions about SBA 7a loans, a popular small business lending program. See the value of these loans and a breakdown of recipients.

24 billion dollarsTotal value of SBA 7(a) loans approved for small businesses in 2016.

Total amount received through SBA 7(a) loans | Fundivo
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376,537 dollarsAverage SBA 7(a) small business loan amount in 2016.

SBA 7(a) loans by loan amount | Fundivo
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47 %Of approved SBA 7(a) loans in 2016 were between $350,000 and $2 million.

SBA 7(a) loans by type of business | Fundivo
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35 %Of loans were secured by startup businesses.

SBA 7(a) loans by gender of business owner | Fundivo
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85 %of loan recipients were based in urban areas.

85 | Fundivo
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3.4 billion dollarsTotal value of SBA 7(a) loans secured by Women-owned businesses in 2016.

3.4 | Fundivo
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7.3 billion dollarsTotal value of SBA 7(a) loans received by Minority-owned businesses in 2016.

7.3 | Fundivo
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805 million dollarsTotal value of SBA 7(a) loans approved for Veteran-owned businesses in 2016.

805 | Fundivo
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