Index54 states and territories
SBA loans by state
Approvals to businesses located in each state, FY2021–FY2025. Each state page lists its lenders, counties and industries and links to a page for every fiscal year.
| # | State | 7(a) approvals | 504 approvals | Dollars | Per 1,000 establishments | FY2016–26 | 7(a) charged off, FY2010–FY2021 loans |
|---|---|---|---|---|---|---|---|
| 1 | California | 34,808 | 7,208 | $30.8bn | 40.8 | 6.4% | |
| 2 | Florida | 23,281 | 3,601 | $16.4bn | 41.6 | 9.8% | |
| 3 | Texas | 23,243 | 1,692 | $19.2bn | 37.2 | 8.5% | |
| 4 | New York | 19,370 | 1,269 | $8.55bn | 38.1 | 8.1% | |
| 5 | Ohio | 17,650 | 789 | $6.20bn | 72.3 | 5.7% | |
| 6 | Michigan | 11,955 | 854 | $5.32bn | 55.8 | 4.7% | |
| 7 | Illinois | 10,654 | 1,763 | $7.21bn | 38.5 | 8.0% | |
| 8 | Pennsylvania | 10,547 | 736 | $5.44bn | 36.7 | 5.9% | |
| 9 | New Jersey | 10,592 | 540 | $5.66bn | 46.8 | 8.3% | |
| 10 | Georgia | 9,213 | 1,033 | $8.22bn | 39.2 | 6.8% | |
| 11 | Minnesota | 8,205 | 1,429 | $4.79bn | 62.4 | 4.6% | |
| 12 | Colorado | 8,055 | 1,002 | $5.84bn | 49.6 | 5.7% | |
| 13 | Massachusetts | 7,623 | 1,342 | $3.35bn | 48.8 | 5.6% | |
| 14 | Washington | 8,213 | 692 | $5.58bn | 44.0 | 4.5% | |
| 15 | North Carolina | 6,885 | 468 | $5.37bn | 28.5 | 6.2% | |
| 16 | Arizona | 5,979 | 1,047 | $4.82bn | 43.1 | 6.0% | |
| 17 | Indiana | 6,050 | 734 | $3.39bn | 43.6 | 5.7% | |
| 18 | Wisconsin | 5,475 | 1,231 | $3.98bn | 46.3 | 4.9% | |
| 19 | Utah | 5,056 | 1,393 | $4.05bn | 67.5 | 5.2% | |
| 20 | Virginia | 5,209 | 684 | $3.38bn | 27.9 | 7.8% | |
| 21 | Missouri | 5,125 | 563 | $3.23bn | 37.6 | 7.4% | |
| 22 | Maryland | 5,118 | 212 | $2.31bn | 37.3 | 7.8% | |
| 23 | Oregon | 4,592 | 408 | $2.64bn | 40.8 | 4.6% | |
| 24 | Connecticut | 3,919 | 439 | $1.90bn | 48.8 | 6.3% | |
| 25 | South Carolina | 3,529 | 246 | $2.51bn | 30.7 | 8.0% | |
| 26 | Nevada | 3,151 | 623 | $2.34bn | 48.8 | 7.7% | |
| 27 | Tennessee | 3,635 | 132 | $2.41bn | 25.1 | 7.1% | |
| 28 | Idaho | 2,770 | 526 | $1.60bn | 56.7 | 3.6% | |
| 29 | New Hampshire | 2,382 | 491 | $958M | 73.1 | 4.9% | |
| 30 | Oklahoma | 2,594 | 208 | $1.71bn | 29.1 | 6.7% | |
| 31 | Puerto Rico | 2,496 | 281 | $570M | — | 6.1% | |
| 32 | Kentucky | 2,411 | 147 | $1.26bn | 27.1 | 6.7% | |
| 33 | Alabama | 2,202 | 350 | $1.78bn | 24.1 | 7.9% | |
| 34 | Louisiana | 2,333 | 119 | $1.61bn | 22.6 | 8.2% | |
| 35 | Kansas | 2,241 | 210 | $1.32bn | 32.2 | 6.2% | |
| 36 | Iowa | 1,884 | 364 | $1.07bn | 27.0 | 6.9% | |
| 37 | Maine | 1,654 | 342 | $652M | 46.0 | 4.3% | |
| 38 | Nebraska | 1,636 | 246 | $973M | 33.3 | 5.6% | |
| 39 | Mississippi | 1,689 | 40 | $969M | 28.6 | 7.3% | |
| 40 | Arkansas | 1,565 | 121 | $1.05bn | 23.9 | 6.9% | |
| 41 | New Mexico | 1,278 | 175 | $927M | 32.4 | 5.0% | |
| 42 | Rhode Island | 1,121 | 281 | $569M | 47.5 | 5.3% | |
| 43 | Montana | 1,077 | 235 | $736M | 30.8 | 3.5% | |
| 44 | South Dakota | 736 | 501 | $693M | 42.5 | 5.4% | |
| 45 | Delaware | 1,004 | 27 | $393M | 34.7 | 7.1% | |
| 46 | North Dakota | 635 | 325 | $545M | 37.8 | 3.4% | |
| 47 | West Virginia | 935 | 23 | $381M | 26.7 | 5.4% | |
| 48 | Vermont | 804 | 114 | $303M | 44.0 | 4.4% | |
| 49 | Hawaii | 822 | 94 | $294M | 27.8 | 6.9% | |
| 50 | District of Columbia | 640 | 36 | $346M | 28.4 | 8.4% | |
| 51 | Alaska | 543 | 104 | $477M | 29.2 | 4.8% | |
| 52 | Wyoming | 520 | 115 | $366M | 26.6 | 5.7% | |
| 53 | U.S. Virgin Islands | 79 | 1 | $54.7M | — | 7.1% | |
| 54 | Guam | 33 | 3 | $11.9M | — | 5.1% |
Establishments: Census Bureau County Business Patterns 2023, which does not cover Puerto Rico, Guam or the U.S. Virgin Islands in its county file.