Lenders › LiftFund, Inc.
7(a) lenderSan Antonio, Texasnon-bank 7(a) lender202nd of 2,184 by approvals
LiftFund, Inc.
SBA 7(a) loan approvals by fiscal year, where they went, how large they were, and how loans from earlier years turned out.
SBA approvals by fiscal year. The federal fiscal year runs 1 October to 30 September, so FY2025 is 1 October 2024 to 30 September 2025. *FY2026 is open: approvals to 30 Jun 2026 only.
In FY2021 to FY2025 SBA approved 191 7(a) loans, worth $30.4M, through LiftFund, Inc. of San Antonio, Texas, a non-bank 7(a) lender in the SBA 7(a) program. By number of approvals that is 202nd among 2,184 active 7(a) lenders.
In FY2025, the latest complete fiscal year, it had 32 approvals totalling $5.9M, down 32% on FY2024 (47). FY2026 to 30 Jun 2026 adds 47 more.
The median approval was $150K, against $190K for the 7(a) program as a whole; 52.4% of its approvals were for $150,000 or less (program: 47.8%).
Its loans went to businesses in 7 states and territories and 56 counties, led by Texas (80.6%), Georgia (7.9%) and Florida (5.8%). The largest industry group was accommodation and food services at 22.0% of approvals, and 9.4% of approvals were to franchise businesses.
Of 304 disbursed loans approved in FY2010 to FY2021, SBA records 37 as charged off (12.2%), 182 as paid in full and 85 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is above it.
Loan status is as recorded by SBA at the data date; charge-off rates are computed on loans approved at least five fiscal years ago. Jobs supported are self-reported estimates from the SBA loan application, which SBA does not review, audit or validate. Loans appear under the lender they are assigned to today, so a lender's figures include loans it took over. Data through 30 Jun 2026.
Approvals by fiscal year
| Fiscal year | Approvals | Dollars approved | Median approval | Average approval | Jobs supported, as reported |
|---|---|---|---|---|---|
| FY2026* | 47 | $6.7M | $110K | $142K | 292 |
| FY2025 | 32 | $5.9M | $188K | $186K | 153 |
| FY2024 | 47 | $6.6M | $110K | $141K | 410 |
| FY2023 | 62 | $9.1M | $108K | $147K | 603 |
| FY2022 | 37 | $6.4M | $169K | $173K | 249 |
| FY2021 | 13 | $2.3M | $188K | $174K | 85 |
| FY2020 | 26 | $3.7M | $121K | $142K | 143 |
| FY2019 | 52 | $7.2M | $139K | $139K | 433 |
| FY2018 | 64 | $8.1M | $120K | $127K | 597 |
| FY2017 | 57 | $7.3M | $120K | $129K | 479 |
| FY2016 | 74 | $10.7M | $149K | $145K | 650 |
Approvals are counted in the year SBA approved them and include approvals later cancelled. In the five fiscal years before the current window (FY2016–FY2020) the lender had 273 approvals. First approval on file: FY2011.
How earlier loans turned out
Only loans approved at least five fiscal years ago (FY2010–FY2021) are counted, because newer loans have had little time to be paid in full or charged off. "Charged off" is SBA's status for a loan on which it has written off the remaining balance.
| Loans approved FY2010–FY2021 | This lender | Texas | 7(a) program |
|---|---|---|---|
| Approvals in these years | 372 | 48,931 | 639,905 |
| Cancelled or never disbursed | 68 | 5,758 | 79,313 |
| Disbursed loans | 304 | 43,173 | 560,592 |
| Paid in full | 182 | 31,848 | 435,813 |
| Charged off | 37 | 3,650 | 36,891 |
| Still outstanding (status exempt from disclosure) | 85 | 7,675 | 87,888 |
| Charged off, share of disbursed loans | 12.2% | 8.5% | 6.6% |
| Dollars charged off, share of disbursed dollars | 8.7% | 2.9% | 2.5% |
| Dollars charged off | $3.5M | $682M | $5.70bn |
By approval year
| Approved in | Disbursed | Paid in full | Charged off | Charged off, share | 7(a) program, same year |
|---|---|---|---|---|---|
| FY2021 | 13 | 4 | 0 | — | 2.8% |
| FY2020 | 17 | 5 | 0 | — | 4.0% |
| FY2019 | 38 | 16 | 3 | 7.9% | 6.7% |
| FY2018 | 63 | 32 | 9 | 14.3% | 7.9% |
| FY2017 | 50 | 30 | 4 | 8.0% | 7.7% |
| FY2016 | 56 | 40 | 11 | 19.6% | 7.2% |
| FY2015 | 39 | 30 | 7 | 17.9% | 6.9% |
| FY2014 | 14 | 12 | 2 | — | 6.4% |
| FY2013 | 9 | 8 | 1 | — | 6.0% |
| FY2012 | 4 | 4 | 0 | — | 6.3% |
| FY2011 | 1 | 1 | 0 | — | 6.9% |
| FY2010 | 0 | 0 | 0 | — | 9.2% |
A share is shown only where at least 30 loans from that year were disbursed.
Against the 7(a) program
| FY2021–FY2025 | This lender | 7(a) program |
|---|---|---|
| Median approval | $150K | $190K |
| Average approval | $159K | $518K |
| Approvals of $150,000 or less | 52.4% | 47.8% |
| Approvals to startups and businesses 2 years old or less | 70.7% | 34.3% |
| Approvals to franchise businesses | 9.4% | 11.5% |
| Jobs supported per approval, as reported | 7.9 | 10.5 |
| Charged off, loans approved FY2010–FY2021 | 12.2% | 6.6% |
States served
| # | State of the business (7 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Texas | 154 | $25.0M | 80.6% | |
| 2 | Georgia | 15 | $1.9M | 7.9% | |
| 3 | Florida | 11 | $1.4M | 5.8% | |
| 4 | Louisiana | 7 | $1.5M | 3.7% | |
| 5 | Tennessee | 2 | — | 1.0% | |
| 6 | Oklahoma | 1 | — | 0.5% | |
| 7 | South Carolina | 1 | — | 0.5% |
In Texas the lender accounts for 0.7% of all 7(a) approvals in FY2021–FY2025.
Counties served
| # | County of the business (56 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Harris County, TX | 26 | $4.5M | 13.6% | |
| 2 | Bexar County, TX | 21 | $3.1M | 11.0% | |
| 3 | El Paso County, TX | 14 | $1.5M | 7.3% | |
| 4 | Collin County, TX | 12 | $2.1M | 6.3% | |
| 5 | Dallas County, TX | 11 | $1.8M | 5.8% | |
| 6 | Hidalgo County, TX | 9 | $1.7M | 4.7% | |
| 7 | Tarrant County, TX | 9 | $1.4M | 4.7% | |
| 8 | Denton County, TX | 7 | $1.1M | 3.7% | |
| 9 | Travis County, TX | 6 | $964K | 3.1% | |
| 10 | Nueces County, TX | 5 | $1.2M | 2.6% | |
| 11 | Comal County, TX | 5 | $941K | 2.6% | |
| 12 | Fort Bend County, TX | 5 | $683K | 2.6% |
Industry mix
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Accommodation and Food Services | 42 | 22.0% | |
| 2 | Health Care and Social Assistance | 23 | 12.0% | |
| 3 | Arts, Entertainment, and Recreation | 20 | 10.5% | |
| 4 | Transportation and Warehousing | 20 | 10.5% | |
| 5 | Retail Trade | 19 | 9.9% | |
| 6 | Other Services (except Public Administration) | 18 | 9.4% | |
| 7 | Construction | 11 | 5.8% | |
| 8 | Administrative and Support and Waste Management and Remediation Services | 11 | 5.8% |
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 29 | 15.2% | |
| 2 | Other Amusement and Recreation IndustriesNAICS 7139 | 13 | 6.8% | |
| 3 | General Freight TruckingNAICS 4841 | 13 | 6.8% | |
| 4 | Personal Care ServicesNAICS 8121 | 12 | 6.3% | |
| 5 | Offices of Other Health PractitionersNAICS 6213 | 10 | 5.2% | |
| 6 | Drinking Places (Alcoholic Beverages)NAICS 7224 | 7 | 3.7% | |
| 7 | Special Food ServicesNAICS 7223 | 6 | 3.1% | |
| 8 | Services to Buildings and DwellingsNAICS 5617 | 5 | 2.6% | |
| 9 | Health and Personal Care RetailersNAICS 4561 | 4 | 2.1% | |
| 10 | Nonresidential Building ConstructionNAICS 2362 | 3 | 1.6% |
Approval sizes
- $50,000 or less6.3%12
- $50,001 to $150,00046.1%88
- $150,001 to $350,00047.6%91
Loan terms
- 5 years or less2.1%4
- Over 5 to 10 years95.8%183
- Over 10 to 20 years2.1%4
Age of the businesses
- Existing, more than 2 years old22.0%42
- New business, 2 years or less7.3%14
- Startup, loan funds will open the business63.4%121
- Change of ownership7.3%14
SBA processing method
| # | Method | Approvals | Share | |
|---|---|---|---|---|
| 1 | Community Advantage Initiative | 97 | 50.8% | |
| 2 | Preferred Lenders Program | 91 | 47.6% | |
| 3 | 7a General | 3 | 1.6% |
Franchise share
18 of 191 approvals in FY2021–FY2025 (9.4%) carried an SBA franchise code; across the 7(a) program the share is 11.5%.
| # | Franchise brand | Approvals | Share | |
|---|---|---|---|---|
| 1 | Daylight Donut Shop | 1 | 0.5% | |
| 2 | Tea 2 Go | 1 | 0.5% | |
| 3 | Wetzel's Pretzels | 1 | 0.5% | |
| 4 | Nekter Juice Bar | 1 | 0.5% | |
| 5 | The Spectrum Kid's Gyms | 1 | 0.5% | |
| 6 | The UPS Store | 1 | 0.5% | |
| 7 | Wing Snob | 1 | 0.5% | |
| 8 | Bricks & Minifigs | 1 | 0.5% |
Questions and answers
How many SBA loans does LiftFund, Inc. make?
SBA approved 32 7(a) loans through LiftFund, Inc. in FY2025, worth $5.9M, and 191 over FY2021 to FY2025. That ranks 202nd of 2,184 active 7(a) lenders by number of approvals.
How large are LiftFund, Inc.'s typical SBA loans?
The median 7(a) approval in FY2021 to FY2025 was $150K and the average $159K. The program-wide median was $190K.
What is LiftFund, Inc.'s charge-off rate?
Of 304 disbursed loans approved in FY2010 to FY2021, SBA records 37 as charged off (12.2%), 182 as paid in full and 85 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is above it. Loans are listed under the lender that holds them today, so the figure includes loans taken over from other lenders. Status is as recorded by SBA on 30 Jun 2026.
Which industries does LiftFund, Inc. lend to most?
By number of approvals in FY2021 to FY2025: restaurants and other eating places (29); other amusement and recreation industries (13); general freight trucking (13); personal care services (12).
Where does LiftFund, Inc. make SBA loans?
In 7 states and territories. Texas 154, Georgia 15, Florida 11, Louisiana 7, Tennessee 2. In Texas it accounts for 0.7% of all 7(a) approvals.
Is LiftFund, Inc.'s SBA lending rising?
Approvals in the three latest complete fiscal years total 141, against 76 in the three before: rising (+86%).
Where does this data come from?
From the Small Business Administration's 7(a) and 504 FOIA loan files, as of 30 Jun 2026. Borrower names and addresses in those files are discarded when the files are read and appear nowhere on this site.
About these figures
Figures are totals of the Small Business Administration's 7(a) and 504 FOIA loan files, data through 30 Jun 2026. SBA updates the files quarterly. Counts are loan approvals, including approvals later cancelled; the five-year window is FY2021–FY2025, the five latest complete fiscal years. Charge-off rates use only loans approved in FY2010–FY2021, at least five fiscal years ago, and count disbursed loans SBA records as charged off. Loans are listed under the lender they are assigned to today. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error