Originations of SBA 504 loans are accelerating as vaccinations proceed and COVID-19 restrictions are eased in some parts of the country, leading to increased loan activity in March. Through April 2, 2021, SBA 504 loan originations are up 19.2% compared to the prior...
Originations of SBA 504 loans continue to chug along in FY2021, as loan activity accelerated once again in February. Through March 5, 2021, SBA 504 loan originations are up 16.8% compared to the prior year, reaching $3.07 billion year-to-date in FY2021 versus $2.63...
Though we might have expected the re-start of the PPP program to take some of the air out of SBA 504 market, that is not what has happened. In fact, loan activity accelerated again in January 2021. Through February 5, 2021, SBA 504 loan originations are up 9.7%...
Building on the momentum shown in late 2020, loan activity accelerated again in December and early January 2021. Originations are now further ahead of where they were at the same point in fiscal year 2020. Through January 8, 2021, SBA 504 loan originations are up 6.8%...
Loan activity picked up considerably in November compared to October, and originations now surpass where they were at the same point in fiscal year 2020. Through December 4, 2020, SBA 504 loan originations are up 2.6% compared to the prior year, reaching $1.20 billion...
With just one month of fiscal year 2021 under our belt, SBA 504 loan activity has slowed compared to last year. Through October 30, 2020, SBA 504 loan originations were down 18.2% compared to the prior year, reaching $497.2 million year-to-date in FY2021 versus $607.9...