Infographics

The Small Business Administration’s charge-off amounts show significant fluctuation over the ten-year period from 2014 to 2023. The data reveals a notable peak in 2015, when charge-offs reached $1.837 billion, followed by a gradual decline in subsequent years. After 2015, there was a sharp downward trend, with charge-offs dropping to $803 million in 2017 and … Read more

The Small Business Administration’s (SBA) Unpaid Principal Balance has shown consistent growth over the past decade, reflecting an expanding portfolio of small business loans. From 2014 to 2023, the UPB increased by approximately $55.5 billion, representing a 53.8% growth over this period. The data shows a steady year-over-year increase, with the UPB starting at $103.1 … Read more

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 2023 Small Business Administration (SBA) loan data reveals a clear preference for Limited Liability Companies (LLCs) among loan recipients. Out of the total 63,286 loans distributed, LLCs dominated the landscape with 40,325 loans, representing approximately 64% of all SBA loans issued that year. Corporations ranked second with 15,521 loans (about 25% of the total), … Read more

The 2023 Small Business Administration (SBA) loan data reveals a clear pattern in lending distribution across different business sizes. The overwhelming majority of SBA loans were granted to very small businesses, with companies employing 5 or fewer people receiving 38,988 loans, representing approximately 62% of all loans distributed. This significantly outpaces all other business size … 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