Annual data report aggregating verified federal statistics on small business lending, consumer credit, banking, and business formation. All figures sourced from primary federal databases: SBA, Federal Reserve, FDIC, NCUA, Census Bureau.
The SBA guaranteed $44.8 billion across 84,400 7(a) and 504 loans in FY2025 — one of the most sustained high-volume years in agency history. Large banks approved 45% of applicants; small banks approved 57%; online lenders approved 30%. Sixty percent of online fintech borrowers reported costs were higher than expected vs. roughly 32–37% at traditional banks. Sources: SBA.gov FY2025 press release; Federal Reserve 2026 Report on Employer Firms.
Total outstanding consumer credit reached $5.14 trillion in March 2026. Revolving credit (primarily credit cards) totaled $1.34 trillion, growing at 9.1% annualized monthly rate. The federal funds rate held at 3.50%–3.75% as of April 2026; bank prime loan rate at 6.75%. National average savings rate: 0.38% (FDIC, May 2026). Sources: Federal Reserve G.19; FDIC National Rates.
There are 36.2 million small businesses in the United States, employing ~46% of the private sector workforce. In the latest year of data (March 2023–March 2024), small businesses created approximately 9 of every 10 net new jobs and opened 1.1 million new establishments. Total business applications were 535,041 in November 2025 and 497,046 in December 2025 (Census BFS). Source: SBA Office of Advocacy, June 30, 2025; Census Bureau BFS.
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