After the first full month of fiscal year 2025, SBA 504 loan originations are up 8.8% compared to the prior year at October 31, 2024. This represents a significant acceleration compared to the 3.8% recorded for all of FY2024. Still, this month’s results show a big...
SBA 504 loan originations are up 3.8% compared to the prior year at September 30 (the end of the fiscal year). This represents a significant slowdown compared to the prior year versus the 6.1% increase we reported last month. Regardless of the slower growth, both...
SBA 504 loan originations are up 6.1% compared to the prior year at August 31. They were up only 0.9% compared to the prior year when we reported last month. Despite the year-over-year improvement, this is well below the origination levels produced during the pandemic...
SBA 504 loan originations are up 0.9% compared to the prior year at July 31. They were up 2.6% compared to the prior year when we reported last month, although that figure was boosted by the use of a later date for the FY2024 numbers. Still, this represents an...
Once again (for the 4th time in six months), the SBA website data for YTD loan volumes for the SBA 7(a) and 504 programs is only partially updated, with prior fiscal year figures updated through June 30, but current year figures unchanged from May 31. We are using...
The direction of the two main SBA loan programs diverged a bit in May 2024. Through May 31, 2024, 504 loan originations slowed further compared to the prior year. 504 originations are now down 1.6% compared to the same point in FY2023, a modest deterioration from the...
For the first time in three months, it seems the data provided for year-to-date 504 lending volumes on the SBA website is up to date. Through April 30, 2024, 504 loan originations are down 1.2% compared to the same point in FY2023, a significant improvement from the...
504 loan originations are down 3.1% compared to the same point in FY2023, a significant improvement from the 22.1% decline reported at the end of February 2024. SBA 7(a) originations are now up 1.7% compared to the same period in FY2023, which is a drastic improvement...
Originations are down 22.1% compared to the same point in FY2023, noticeably lower than the 7.5% decline marked at the end of January 2024. We suspect that the program running the data has trouble recognizing February 29th, but multiple efforts to contact the SBA...
Through the end of December 2023, loan originations under the 504 loan program are down 5.8% compared to the same point in FY2023. This represents a noticeable improvement from the 13.6% decline versus the prior year measured one month ago. Comparisons to recent past...
