Small Business Growth Corporation: SBA Lending Record

What SBA's own loan files show about Small Business Growth Corporation as an SBA lender, and how a lender's record bears on a feasibility study.

Small Business Growth Corporation in SBA's loan files

1,978 loans carry Small Business Growth Corporation as holder across FY2017 to FY2026: $1.75 billion gross. In SBA's file, Small Business Growth Corporation sits in Illinois. Every one of the 1,978 loans is a holding: Small Business Growth Corporation is current or last holder, per SBA. All 1,978 loans belong to SBA 504; 0 appear under SBA 7(a). Small Business Growth Corporation, a development company, is the 504 lender of record. Small Business Growth Corporation's last year, FY2026, is complete. $1.75 billion gross across 1,978 loans is the scale of Small Business Growth Corporation's record. Small Business Growth Corporation does not guarantee the 1,978 loans, SBA does, so the page shows no credit policy.

1,483 of Small Business Growth Corporation's 1,978 loans have no named class. Small Business Growth Corporation's class table reads: Full-service restaurant, 127; Child care center at 52; Automotive mechanical repair (car and truck), 49; Limited-service restaurant at 40; Fitness center at 25; Dental office, 22; Car wash (21); Medical office (physicians) at 19; Beauty salon, 18; Grocery store (15); Beverage manufacturing (breweries, wineries, distilleries) (14); Self storage at 12; Hotel and motel, 12; Veterinary clinic at 11. Of 1,978 loans, 1,483 are unclassed and 127 are Full-service restaurant. A class view of Small Business Growth Corporation spans part of 1,978. 52 Child care center loans trail 127 Full-service restaurant at Small Business Growth Corporation.

The states behind Small Business Growth Corporation

Small Business Growth Corporation's state table reads: Illinois, 1,833; Missouri, 46; Indiana, 36; Iowa, 27; Wisconsin, 13; California (5). Illinois is also where SBA records Small Business Growth Corporation, so the book starts at home. Illinois alone holds 1,833 of Small Business Growth Corporation's 1,978 loans. Small Business Growth Corporation's table maps 1,978 loans, no boundary for sites beyond Illinois.

Small Business Growth Corporation: the floors

Small Business Growth Corporation saw at least 15.1% of FY2017 to FY2024 approvals cancelled. Ceiling: 17.4%, with undisbursed loans counted cancelled. At Small Business Growth Corporation, the charge-off figure is absent for FY2017 to FY2021 disbursements. A Loan Analytics policy keeps it out for small groups. Treat it as unknown rather than zero; no estimate stands in. 15.1% cancelled means approval is not funding. Small Business Growth Corporation has no rate; cash flow must hold. For Small Business Growth Corporation, test one is site demand. For Small Business Growth Corporation, test two is full project cost. At Small Business Growth Corporation, test three is debt service coverage. For Small Business Growth Corporation, test four is the appraisal.

Small Business Growth Corporation's file hands a lender 1,978 loans and $1.75 billion gross. Small Business Growth Corporation's file hands a borrower 1,978 holdings and no terms. The 1,978 loans cannot show how Small Business Growth Corporation would treat a request. 127 Full-service restaurant loans lead the named classes. Small Business Growth Corporation's holdings are all that is shown. A study brought to Small Business Growth Corporation stands alone. Small Business Growth Corporation is shown as holder of 1,978 loans, no more.

SBA loans held by Small Business Growth Corporation

SBA guarantees these loans; the lender does not. The lender's name and every figure come from the U.S. Small Business Administration's public 7(a) and 504 FOIA file (data.sba.gov).

7(a) lender is the bank or lender the loan is currently assigned to (or last held it), as SBA records it; 504 lender is the Certified Development Company (CDC). 504 third-party (first-lien) lenders are free text with no identifier and are not credited.

Loans approved, FY2017 to FY20261,978
Gross dollars approved$1.75 billion
SBA 7(a) loans0
SBA 504 loans1,978

Cancellation and charge-off

Cancelled after approval, FY2017 to FY2024 approvals (a floor)15.1%
The same, counting loans still undisbursed as cancelled (a ceiling)17.4%
Charged off to date, FY2017 to FY2021 disbursed loans (a floor)withheld

Both rates are floors. SBA withholds the status of open loans, so a loan counts as charged off only once SBA reports it; a rate needs at least 30 loans in its cohort and is otherwise not reported.

Loans by asset class

Asset classLoans
Not in any of the 39 asset classes1,483
Full-service restaurant127
Child care center52
Automotive mechanical repair (car and truck)49
Limited-service restaurant40
Fitness center25
Dental office22
Car wash21
Medical office (physicians)19
Beauty salon18
Grocery store15
Beverage manufacturing (breweries, wineries, distilleries)14
Self storage12
Hotel and motel12
Veterinary clinic11
Coffee shop and snack bar10
Rehabilitation and therapy clinic8
School (elementary and secondary, including charter)7
Warehouse and distribution6

Classes with 5 or more loans; smaller ones are withheld, and more where a small one could be derived.

Loans by project state

State or areaLoans
Illinois1,833
Missouri46
Indiana36
Iowa27
Wisconsin13
California5

States with 5 or more loans; smaller ones are withheld, and more where a small one could be derived.

A value marked withheld rests on fewer than 5 loans, or is withheld so that such a figure cannot be derived from other published figures.

Source: U.S. Small Business Administration, 7(a) and 504 loan-level FOIA files (data.sba.gov), as of 2026-09-30; Loan Analytics lender cell LP-cdc-0188291.

Loan Analytics prepares the feasibility study a lender reads before it commits: for a commercial project anywhere in the United States, financed under SBA 7(a), SBA 504, USDA Business and Industry or a conventional bank loan, by Small Business Growth Corporation or any other lender. Tell us the project and the lender's deadline, and we reply with scope, timeline and fee.

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