PeerSense Research

The State of SBA Lending 2026

Name: State of SBA Lending 2026
Creator: PeerSense

PeerSense analyzed 238,952 SBA 7(a) and 504 loans worth $131.8B across 309 metros and 1,393 industries. Below are the most active metros, industries, and lenders, each linked to the full local data.

Source: SBA 7(a) and 504 loan records, 2016 to present. Updated June 2026.

238,952

SBA Loans Analyzed

$131.8B

Capital Deployed

309

Metros Covered

1,393

Industries Analyzed

Most active metros by SBA lending

Metro	Loans	Capital
Los Angeles, CA	6,088	$4.3B
Houston, TX	5,556	$4.0B
Brooklyn, NY	5,251	$2.0B
Miami, FL	4,834	$2.0B
Chicago, IL	4,702	$2.3B
New York, NY	4,246	$1.9B
Las Vegas, NV	3,687	$2.0B
San Diego, CA	3,270	$1.7B
Denver, CO	3,083	$1.8B
Phoenix, AZ	3,009	$2.0B

See all 309 metros

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Most active industries by SBA loan count

Full-Service Restaurants49,950 loans Full-Service Restaurants41,841 loans Offices of Dentists36,078 loans General Automotive Repair34,967 loans Limited-Service Restaurants33,710 loans Hotels (except Casino Hotels) and Motels30,612 loans Child Day Care Services29,236 loans Limited-Service Restaurants28,029 loans Beauty Salons25,737 loans Offices of Physicians (except Mental Health Specialists)25,641 loans

Top SBA lenders by total volume

Wells Fargo Bank National Association$33.6B · 128,156 loans Live Oak Banking Company$21.8B · 16,561 loans The Huntington National Bank$18.2B · 89,278 loans U.S. Bank, National Association$18.2B · 84,391 loans Readycap Lending, LLC$14.1B · 28,999 loans JPMorgan Chase Bank, National Association$13.6B · 94,775 loans PNC Bank, National Association$10.9B · 59,149 loans Bank of Hope$9.6B · 39,194 loans Bank of America, National Association$9.1B · 105,168 loans Columbia Bank$8.1B · 23,537 loans

PeerSense routes borrowers to the lender most likely to fund their specific deal. This ranking reflects total reported SBA volume, not a recommendation.

About this report

PeerSense maintains a database of SBA 7(a) and 504 loan records and aggregates it by metro, industry, and lender. Figures cover approvals from 2016 to present and are updated June 2026. For local detail, browse SBA lending by metro or the industry data library. See also: Safest and Riskiest Industries for SBA Loans 2026 and Size Is Not Safety: why the biggest lender is often the riskiest.