Report No. 01 · 2025 survey; 2022 bank survey
42% Financing applicants who received the full amount sought Source [1]: Federal Reserve Banks SBA Loan Approval Rate: What Published Data Shows
No source here publishes an SBA loan approval rate. The closest figures: in the 2025 Small Business Credit Survey, 42% of financing applicants received the full amount sought and 22% received none, and 57% of small-bank applicants were fully approved. Three-in-four banks can approve a small, simple loan within five business days (FDIC).
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Method
How the figures are produced
For each benchmark, the desk states the variable being reported (factor rate, advance size, term, holdback), its unit, the period it covers and the sample behind it. If a figure has no stated sample, it is labelled illustrative and should not be read as a measurement.