SBA 7(a) data dashboard
The disbursement gap, made visible. We track 23,724 pending SBA 7(a) commitments totaling $8.8B — real data from SBA FOIA releases, refreshed monthly. The numbers below come directly from the raw parquet files — not aggregated summaries or press releases.
Total pending
23,724
Full-decade COMMIT
Pending capital
$8.8B
SBA approved, undisbursed
Median wait
15 days
Approval → disbursement
Wait 30+ days
34%
Of recent cohorts
Disbursement timing
Based on 214,000+ funded 7(a) loans (2022+). Median: 15 days. P75: 29 days. P90: 56 days. 14% of borrowers wait 60+ days.
By industry
NAICS-level breakdown of pending COMMIT loans. Restaurants and fitness dominate — franchise-heavy industries with predictable capital deployment cycles.
By franchise
Franchise borrowers represent a structurally interesting segment — the franchisor's brand provides soft collateral beyond the SBA approval itself. Top brands tend to have consistent ticket sizes and proven unit economics.
| # | Franchise | Pending | Avg ticket | Total |
|---|
By lender
Lenders by pending COMMIT volume. A high pending count signals strong SBA origination activity — and a larger cohort of borrowers awaiting disbursement. Franchise concentration varies significantly across institutions.
Cancellation risk
Cancellation rate: the share of SBA 7(a) approvals in a given cohort year that were ultimately cancelled (loanstatus = CANCLD). Baseline was 10-12% through 2019-2023. The 2025 cohort shows a spike to 16.0% — elevated, but well-understood. Most cancellations reflect borrowers who found alternative funding before disbursement. Capital partners can underwrite around this.
Underwriting note: The 2025 spike is elevated relative to the 2019-2023 baseline of 9.9-12.4%, but the absolute rate of 16.0% still means 84% of 2025 cohort loans are completing as expected. Cancellations tend to cluster in early-stage borrowers who secure alternative financing — not late-stage defaults. Historical data is available by NAICS and lender for deeper diligence.
Data is the brand
Sourced from SBA FOIA data. Dataset covers approvaldate 2019-10-01 through 2026-07-12. Last refreshed: 2026-07-12. Capital Expansion makes no representations about completeness or accuracy beyond what the SBA FOIA release includes.