Lending data
Who lends to schools and training businesses, state by state
3,280 SBA 7(a) loans to schools and training businesses across 32 states, with the most active lender and the median loan in each.
Short answer
3,280 SBA 7(a) loans went to schools and training businesses across 32 states with enough volume to report. Pick your state below to see which lenders actually funded them.
By state
Only states with at least 20 loans are listed, because below that the figures are noise rather than signal. Computed from SBA 7(a) loan-level FOIA data released 2026-06-30.
| State | Loans | Median loan | Startup share | Most active lender |
|---|---|---|---|---|
| California | 470 | $150,000 | 34% | U.S. Bank |
| Texas | 333 | $200,000 | 53% | The Huntington National Bank |
| New York | 273 | $90,000 | 31% | TD Bank |
| Florida | 250 | $150,000 | 34% | TD Bank |
| Ohio | 149 | $100,300 | 48% | The Huntington National Bank |
| New Jersey | 135 | $150,000 | 36% | TD Bank |
| Georgia | 109 | $175,000 | 45% | The Huntington National Bank |
| Michigan | 109 | $100,000 | 45% | The Huntington National Bank |
| Pennsylvania | 106 | $102,500 | 50% | The Huntington National Bank |
| Maryland | 102 | $50,000 | 50% | Manufacturers and Traders Trust Company |
| Massachusetts | 100 | $108,000 | 28% | TD Bank |
| Washington | 95 | $150,000 | 41% | Columbia Bank |
| Virginia | 90 | $159,500 | 50% | Manufacturers and Traders Trust Company |
| Arizona | 89 | $250,000 | 43% | The Huntington National Bank |
| Colorado | 87 | $136,000 | 46% | The Huntington National Bank |
| Illinois | 87 | $225,000 | 53% | The Huntington National Bank |
| Minnesota | 86 | $150,000 | 48% | The Huntington National Bank |
| North Carolina | 84 | $247,950 | 46% | Wells Fargo Bank |
| Utah | 69 | $200,000 | 49% | Zions Bank |
| Tennessee | 49 | $150,000 | 39% | U.S. Bank |
| Missouri | 46 | $150,000 | 54% | Commerce Bank |
| Nevada | 44 | $150,000 | 48% | Zions Bank |
| Oregon | 42 | $140,600 | 36% | Columbia Bank |
| Wisconsin | 42 | $150,000 | 38% | U.S. Bank |
| Idaho | 41 | $100,000 | 37% | Zions Bank |
| Connecticut | 39 | $150,000 | 51% | Manufacturers and Traders Trust Company |
| Indiana | 36 | $126,900 | 39% | The Huntington National Bank |
| South Carolina | 29 | $150,000 | 66% | The Huntington National Bank |
| Alabama | 24 | $221,600 | 33% | The Huntington National Bank |
| Louisiana | 24 | $119,700 | 50% | American Bank |
| New Hampshire | 21 | $75,000 | 29% | TD Bank |
| Kansas | 20 | $150,000 | 35% | Landmark National Bank |
What 7(a) lending to schools and training businesses looks like nationally
| Measure | Educational services | All 7(a) borrowers |
|---|---|---|
| Loans approved, fiscal years 2023 to 2026, using data released June 2026 | 3,477 | 214,102 |
| Median loan | $150,000 | $150,000 |
| 25th - 75th percentile | $50,000 - $370,000 | $50,000 - $500,000 |
| Median term | 10 years | 10 years |
| Median initial rate | 10.50% | 10.25% |
| Share to startups | 41.9% | 33.6% |
| Charge-off rate, FY2010-19 | 7.6% | 7.1% |
| Jobs supported | 37,678 | 2,142,602 |
Reading those figures against all 7(a) borrowers:
- Loan sizes are typical. The median of $150,000 is within a few percent of the $150,000 national median across all 7(a) borrowers, so nothing about this market is unusual on size.
- New businesses do well here. 42% of these loans went to startups or businesses under two years old, against 34% nationally — an unusually open market if you have no trading history.
How to use this
Open your state, shortlist three lenders whose median loan is close to what you need, then read choosing an SBA lender before you call.