The Art of Business Growth: Expert Funding Solutions for Your Business

Do you need assistance getting financing for your business? Contact us for help! We can assist from advising which lenders to submit to all the way through to developing & submitting a complete business loan package and anything in between. Contact us now for a free evaluation.

Business Podcasts: Listen to audio summaries of our Ultimate Guide book series. Be sure to come back and read the full guides.

JOIN our private BUSINESS RESOURCE VAULT!
Access 21+ Business Books!
Get weekly LOAN opportunities!

Infographic: SBA Unpaid Principal Balance (UPB) by Year

Bar chart showing the SBA's Unpaid Principal Balance (UPB) growth from 2014 to 2023, measured in millions of dollars. The chart demonstrates a steady upward trend from $103,134 million in 2014 to $158,617 million in 2023.

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 billion in 2014 and reaching $158.6 billion by 2023.

Notable patterns in the data include a relatively consistent growth rate in the pre-pandemic years (2014-2019), with annual increases averaging about $5-7 billion. The growth continued through the COVID-19 pandemic years, with particularly significant jumps between 2020-2023, where the UPB increased by about $23 billion in just three years. This acceleration in growth likely reflects the increased demand for SBA loans during and after the pandemic, as well as various federal relief programs implemented during this period.