Q2 2021 Top Rankings In SBA Lending
Based on all SBA 7(a) loan approvals from 4/1/2021 to 6/30/2021
We show that in Q2 2021 that 1,169 banks and lenders approved 13,307 SBA 7(a) loans for $8.8 billion with an average amount of $662,366. These approvals represent 154,966 jobs supported or saved.
Loan approvals went to borrowers from 3,847 cities for businesses in 694 different industries including businesses with 736 different franchise brands.
Q2 2021
All SBA 7(a) Loan Approvals
Loan Amount Tiers
Loan Amount Tiers
< $150,000: 4,367 approvals (32.82%)
$150,001 to $350,000: 3,121 approvals (23.45%)
$350,001 to $1 million: 3,213 approvals (24.15%)
> $1 million to $2 million: 1,447 approvals (10.87%)
> $2 million to $3 million: 614approvals (4.61%)
> $3 million to $4 million: 263 approvals (1.98%)
> $4 million to $5 million: 282 approvals (2.12%)
