Main Street Monday — SBA 7(a) up 19%, 504 up 17% for FY 2025

October 6, 2025

Bob Coleman
Founder & Publisher, Coleman Report

Main Street Monday — SBA 7(a) up 19%, 504 up 17% for FY 2025

While I don’t have specific lender numbers for year end due to the government shutdown, SBA has released the FY25 program volumes of SBA 7(a) of $37 billion and 504 of $7.8 billion — a total of almost $45 billion combined.

SBA 7(a) exceeds the post COVID pandemic year of 2021 to set a new record, while 504 lags behind 2022 numbers.

I’ve put together the following tables for historical context.

SBA Administrator Kelly Loeffler says “Thanks to President Trump’s leadership, small business investment and confidence is soaring – and Main Streets across the country are making an unprecedented comeback. With record loan volume, both borrowers and lenders are sending a clear signal that America First means America is growing again.”