{
  "title": "SBA Business Acquisition Lending Report 2026",
  "data_as_of": "2026-08-31",
  "source_page": "https://data.sba.gov/dataset/7a-504-activity-reports-current-month",
  "source_workbook": "https://sba-llms-prd-public.sbalenderportal.com/SBA-Monthly-ActivityDashboard7a504.xlsx",
  "segment": "Business Age - Change of Ownership",
  "period_note": "FY2026 is year-to-date through 2026-08-31; prior periods are full fiscal years.",
  "observations": [
    {
      "program": "7(a)",
      "fiscal_year": 2021,
      "period": "full_fiscal_year",
      "approval_amount": 6144739800,
      "amount_share": 0.2095902547462708,
      "approval_count": 5568,
      "count_share": 0.1276069120410689,
      "average_approval": 1103581.14
    },
    {
      "program": "7(a)",
      "fiscal_year": 2022,
      "period": "full_fiscal_year",
      "approval_amount": 5075011000,
      "amount_share": 0.2220142598378221,
      "approval_count": 4466,
      "count_share": 0.1041389763320508,
      "average_approval": 1136366.1
    },
    {
      "program": "7(a)",
      "fiscal_year": 2023,
      "period": "full_fiscal_year",
      "approval_amount": 4702286700,
      "amount_share": 0.1997312440583896,
      "approval_count": 4331,
      "count_share": 0.08675533832779135,
      "average_approval": 1085727.71
    },
    {
      "program": "7(a)",
      "fiscal_year": 2024,
      "period": "full_fiscal_year",
      "approval_amount": 5868374300,
      "amount_share": 0.2144556917924198,
      "approval_count": 5348,
      "count_share": 0.08503331054330371,
      "average_approval": 1097302.6
    },
    {
      "program": "7(a)",
      "fiscal_year": 2025,
      "period": "full_fiscal_year",
      "approval_amount": 7709372500,
      "amount_share": 0.2356359812420326,
      "approval_count": 6627,
      "count_share": 0.0932670926337715,
      "average_approval": 1163327.67
    },
    {
      "program": "7(a)",
      "fiscal_year": 2026,
      "period": "year_to_date_through_2026-08-31",
      "approval_amount": 7035857300,
      "amount_share": 0.2584569651699611,
      "approval_count": 5908,
      "count_share": 0.1185369474930278,
      "average_approval": 1190903.4
    },
    {
      "program": "504",
      "fiscal_year": 2021,
      "period": "full_fiscal_year",
      "approval_amount": 149809000,
      "amount_share": 0.01895843805036991,
      "approval_count": 164,
      "count_share": 0.01749893299189074,
      "average_approval": 913469.51
    },
    {
      "program": "504",
      "fiscal_year": 2022,
      "period": "full_fiscal_year",
      "approval_amount": 202600000,
      "amount_share": 0.02364104182365298,
      "approval_count": 192,
      "count_share": 0.022181146025878,
      "average_approval": 1055208.33
    },
    {
      "program": "504",
      "fiscal_year": 2023,
      "period": "full_fiscal_year",
      "approval_amount": 234534000,
      "amount_share": 0.04099809688027861,
      "approval_count": 221,
      "count_share": 0.04135479041916168,
      "average_approval": 1061239.82
    },
    {
      "program": "504",
      "fiscal_year": 2024,
      "period": "full_fiscal_year",
      "approval_amount": 286485000,
      "amount_share": 0.04721806741906374,
      "approval_count": 203,
      "count_share": 0.03710473405227564,
      "average_approval": 1411256.16
    },
    {
      "program": "504",
      "fiscal_year": 2025,
      "period": "full_fiscal_year",
      "approval_amount": 363643000,
      "amount_share": 0.05205903793217779,
      "approval_count": 227,
      "count_share": 0.03726198292843073,
      "average_approval": 1601951.54
    },
    {
      "program": "504",
      "fiscal_year": 2026,
      "period": "year_to_date_through_2026-08-31",
      "approval_amount": 280839000,
      "amount_share": 0.0427099469636806,
      "approval_count": 155,
      "count_share": 0.0275997150997151,
      "average_approval": 1811864.52
    }
  ],
  "source_disclaimer": "DISCLAIMER: The information being provided above is derived solely from Agency records that are submitted by the Agency\u2019s participant lenders engaged in making SBA loans. This information is collected by the lenders from SBA loan applicants who provide it on a voluntary basis. It is then forwarded by the lenders to SBA. Since the information is provided by the loan applicants on a voluntary basis, it is not necessarily inclusive of all SBA borrowers, nor can its accuracy be verified by the Agency. Accordingly, SBA cannot make any representation as to the completeness or accuracy of the information provided."
}