Infographics

The data presents a sobering look at business longevity, showing how the percentage of surviving businesses decreases significantly over time. While nearly half (49%) of all businesses manage to survive their first five years, this number drops dramatically to just under one-third (32%) by the ten-year mark. The decline continues as businesses age, with only … Read more

The Small Business Administration’s (SBA) gross approval amounts demonstrate interesting trends over the past decade. From 2014 to 2018, there was a steady upward trajectory, with approvals growing from $26.3 billion to $33 billion. The years 2019 and 2020 saw a slight decline to around $30 billion, likely due to economic uncertainties. The most notable … Read more

The Small Business Administration’s (SBA) loan portfolio has shown consistent growth over the past decade, with the most significant expansion occurring in the 7(a) Regular program. From 2014 to 2023, the 7(a) program’s unpaid principal balance grew substantially from $68 billion to $110 billion, representing a 62% increase. The 504 Regular program maintained relatively stable … Read more

The 2023 Small Business Administration (SBA) loan data reveals interesting patterns in lending distribution across different loan size categories. The data shows that smaller loans dominated the lending landscape, with 15,496 loans of $50,000 or less representing the largest segment. This was closely followed by loans in the $50,000-$150,000 range, accounting for 13,485 loans. Together, … Read more

The Small Business Administration’s lending programs show interesting trends over the past decade (2014-2023). The 7(a) Regular loan program, which is SBA’s primary lending program, has been the dominant funding source throughout the period. It maintained relatively stable approval amounts between $23-26 billion from 2014-2020, before experiencing a significant spike to $37 billion in 2021, … Read more

The Small Business Administration (SBA) loan data for 2023 reveals significant regional variations in small business lending across the United States. California dramatically leads the nation with 7,292 SBA loans, demonstrating its robust small business ecosystem and entrepreneurial environment. This is nearly 40% more than the second-ranking state, Florida, which recorded 5,238 loans. The data … Read more