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7(a) Loans
59.012
N/A
To provide guaranteed loans from lenders to eligible for profit small businesses which are unable to obtain financing in the private credit marketplace but can demonstrate an ability to repay loans if granted, in a timely manner. The SBA guarantees 7(a) Program Loans through various loan processing methods including: (1) Standard 7(a) Loans; (2) 7(a) Small Loans; (3) SBAExpress loans; (4) CAPLine Loans; (5) the Qualified Employee Trust (ESOP); (6) International Trade; (7) Export Express; (8) Export Working Capital loan programs; and (9) Pilot (temporary) Programs.
This chart shows obligations for the program by fiscal year. All data for this chart was provided by the
administering agency and sourced from SAM.gov, USASpending.gov, and Treasury.gov.
For more information on each of these data sources, please see the
About the data page.
No Current Data Available 22,734,000,000
24012000000
25400000000
In FY 2022, the SBA supported 47,678 small businesses in accessing 7(a) loans totaling $24.054 billion. This funding supported more than 507,000 jobs.
For more information about SBA accomplishments, access the SBA Congressional Budget Justification and Annual Performance Report: https://www.sba.gov/document/report-congressional-budget-justification-annual-performance-report
Single Audit Applies (2 CFR Part 200 Subpart F):
For additional information on single audit requirements for this program, review the current Compliance Supplement.
OMB is working with the U.S. Government Accountability Office (GAO) and agency offices of inspectors general to include links to relevant oversight reports. This section will be updated once this information is made available.
