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The Lender Report built this page from public records. U.S. Bank National Association has not reviewed it. Every lender's page starts this way, and it says nothing about U.S. Bank National Association itself. Each figure shows its source and date. Work at U.S. Bank National Association? You can claim this page for free.
SBA 504 record
U.S. Bank National Association: SBA 504 first liens made
U.S. Bank National Association, a bank based in Cincinnati, OH, made 107 SBA 504 first liens in the 36 months ending September 30, 2026, $196.6M in all, net of cancelled approvals. The typical first lien was about $1.2M, and 49 were in the last 12 months. Most were in California.
- Evidence
- SBA 504 loans in the 36 months ending September 30, 2026, SBA
- Data as of
- SBA, September 30, 2026
- Page last changed
- November 11, 2026
- First liens, 36 months
- 107
- SBA FOIA,
- Net of cancelled approvals
- Dollars
- $197M
- SBA FOIA,
- Rounded amounts
- Typical loan
- $1.2M
- SBA FOIA,
- Largest loan
- $13M
- SBA FOIA,
- Rounded to 2 significant figures
- Last 12 months
- 49
- SBA FOIA,
Cite this
Source: The Lender Report, U.S. Bank National Association: SBA 504 first liens made, https://lender.report/lender/u-s-bank-oh/sba-504/, data as of September 30, 2026.
The loans, newest first
Banks report no loan-level data for office, retail, industrial or construction loans. This list shows only multifamily and SBA loans.
| Period | Place | Loan | Amount | Rate | Term | LTV | Source |
|---|---|---|---|---|---|---|---|
| May 2026 | Texas | SBA 504, Child Care Services | $2M | 25 yr | SBA FOIA | ||
| Apr 2026 | California | SBA 504, Offices of Lawyers | $1.4M | 25 yr | SBA FOIA | ||
| Mar 2026 | California | SBA 504, Offices of Physicians (except Mental Health Specialists) | $7.6M | 25 yr | SBA FOIA | ||
| Mar 2026 | Tennessee | SBA 504, Wholesale Trade | $5.3M | 25 yr | SBA FOIA | ||
| Mar 2026 | California | SBA 504, Retail Trade | $2.9M | 25 yr | SBA FOIA | ||
| Mar 2026 | California | SBA 504, Agriculture, Forestry, Fishing and Hunting | $1.3M | 25 yr | SBA FOIA | ||
| Mar 2026 | California | SBA 504, Other Services (except Public Administration) | $1.2M | 25 yr | SBA FOIA | ||
| Mar 2026 | California | SBA 504, Other Heavy and Civil Engineering Construction | $1.2M | 25 yr | SBA FOIA | ||
| Mar 2026 | California | SBA 504, Manufacturing | $940K | 25 yr | SBA FOIA | ||
| Mar 2026 | Washington | SBA 504, Full-Service Restaurants | $500K | 25 yr | SBA FOIA | ||
| Mar 2026 | Washington | SBA 504, Professional, Scientific, and Technical Services | $450K | 25 yr | SBA FOIA | ||
| Feb 2026 | California | SBA 504, Fitness and Recreational Sports Centers | $2.9M | 25 yr | SBA FOIA | ||
| Feb 2026 | Utah | SBA 504, General Automotive Repair | $1M | 25 yr | SBA FOIA | ||
| Feb 2026 | New Mexico | SBA 504, Manufacturing | $380K | 25 yr | SBA FOIA | ||
| Jan 2026 | California | SBA 504, Automotive Body, Paint, and Interior Repair and Maintenance | $2.5M | 25 yr | SBA FOIA | ||
| Jan 2026 | California | SBA 504, Wood Kitchen Cabinet and Countertop Manufacturing | $1.6M | 25 yr | SBA FOIA | ||
| Jan 2026 | Colorado | SBA 504, Insurance Agencies and Brokerages | $640K | 25 yr | SBA FOIA | ||
| Dec 2025 | Utah | SBA 504, Professional, Scientific, and Technical Services | $440K | 25 yr | SBA FOIA | ||
| Dec 2025 | North Carolina | SBA 504, Professional, Scientific, and Technical Services | $300K | 25 yr | SBA FOIA | ||
| Nov 2025 | California | SBA 504, New Single-Family Housing Construction (except For-Sale Builders) | $750K | 25 yr | SBA FOIA | ||
| Sep 2025 | California | SBA 504, All Other Personal Services | $3.2M | 25 yr | SBA FOIA | ||
| Sep 2025 | California | SBA 504, Offices of Lawyers | $2.8M | 25 yr | SBA FOIA | ||
| Sep 2025 | California | SBA 504, Industrial Building Construction | $1.3M | 25 yr | SBA FOIA | ||
| Sep 2025 | Nevada | SBA 504, Professional, Scientific, and Technical Services | $380K | 25 yr | SBA FOIA | ||
| Aug 2025 | California | SBA 504, General Freight Trucking, Local | $1.4M | 25 yr | SBA FOIA | ||
| 107 SBA 504 first liens since October 2023, net of cancelled | $197M | SBA FOIA | |||||
A blank means the source did not report it.
| State | First liens | Dollars |
|---|---|---|
| California | 64 | $131M |
| Utah | 12 | $10.4M |
| Nevada | 7 | $12.6M |
| Washington | 4 | $2.58M |
| Idaho | 3 | $3.98M |
| Texas | 3 | $7.30M |
| Arizona | 2 | $1.88M |
| Colorado | 2 | $1.84M |
| Minnesota | 2 | $13.4M |
| New Mexico | 2 | $1.78M |
| North Carolina | 2 | $1.10M |
| Tennessee | 2 | $6.21M |
SBA loans are on record by state only.
| Loan size | First liens | Dollars |
|---|---|---|
| Under $150K | 1 | $140K |
| $150K to $350K | 3 | $890K |
| $350K to $1M | 38 | $24.3M |
| $1M to $2.5M | 42 | $60.4M |
| $2.5M or more | 23 | $111M |
| Quarter | First liens | Dollars |
|---|---|---|
| 2023 Q4 | 14 | $32.8M |
| 2024 Q1 | 17 | $42.9M |
| 2024 Q2 | 10 | $14.0M |
| 2024 Q3 | 12 | $10.9M |
| 2024 Q4 | 9 | $15.2M |
| 2025 Q1 | 8 | $22.3M |
| 2025 Q2 | 5 | $9.33M |
| 2025 Q3 | 12 | $14.1M |
| 2025 Q4 | 3 | $1.49M |
| 2026 Q1 | 15 | $30.4M |
| 2026 Q2 | 2 | $3.40M |
Calendar quarters of the SBA approval date. The first and last may cover part of a quarter: the window is the 36 months ending September 30, 2026.
| Industry (NAICS) | First liens |
|---|---|
| Manufacturing | 7 |
| Professional, Scientific, and Technical Services | 7 |
| Insurance Agencies and Brokerages (524210) | 5 |
| Wholesale Trade | 5 |
| All Other Personal Services (812990) | 3 |
| All Other Specialty Trade Contractors (238990) | 3 |
| Automotive Body, Paint, and Interior Repair and Maintenance (811121) | 3 |
| Electrical Contractors and Other Wiring Installation Contractors (238210) | 3 |
| General Automotive Repair (811111) | 3 |
| New Single-Family Housing Construction (except For-Sale Builders) (236115) | 3 |
| Other Services (except Public Administration) | 3 |
| Plumbing, Heating, and Air-Conditioning Contractors (238220) | 3 |
A 6-digit code is printed only where the SBA file holds 5 or more loans of the program in that state; the rest show as their 2-digit sector.
| Processing method | Loans |
|---|---|
| Accredited Lenders Program | 71 |
| 504 Refinancing Program | 12 |
| 504 Basic | 11 |
| ALP Express | 11 |
| ALP Express Debt Refi | 1 |
| Premier Certified Lenders Program | 1 |
| Certified Development Company | Projects |
|---|---|
| The Mortgage Capital Development Corporation | 19 |
| Business Finance Capital | 15 |
| California Statewide Certified Development Corporation | 15 |
| Intermountain Business Lending, Inc. | 8 |
| Nevada State Development Corporation | 6 |
| AMPAC Tri-State CDC, Inc. | 5 |
| Mountain West Small Business Finance | 5 |
| Capital Access Group, Inc. | 4 |
| Bay Area Employment Development Company | 3 |
| Capital Matrix, Inc. | 3 |
- U.S. Bank National Association made 107 SBA 504 first liens totaling $196.6M in the 36 months ending September 30, 2026, net of cancelled approvals, in 14 states. SBA FOIA,
- The SBA file shows 49 approvals naming U.S. Bank National Association as first-lien lender dated in the 12 months to September 30, 2026, and 40 in the 12 months before. Both counts leave out cancelled approvals and include approvals not yet funded, so the two periods are measured the same way. SBA FOIA,
- The typical first lien was about $1.2M, with the middle half between $710K and $2M. SBA FOIA,
- The largest was about $13M. Every amount is rounded to 2 significant figures. SBA FOIA,
- 1 loan was under $150K, and 65 were $1M or more. SBA FOIA,
- The median term was 25 years. SBA FOIA,
- Its loans went most often to Manufacturing, with 7. SBA FOIA,
- The SBA file lists 71 of its loans as processed under Accredited Lenders Program. SBA FOIA,
- It worked with 27 Certified Development Companies, most often The Mortgage Capital Development Corporation. SBA FOIA,
- Its loans were most often in California (64), Utah (12) and Nevada (7). SBA FOIA,
What we don't know
- Whether U.S. Bank National Association is taking new SBA 504 loans today, or how it would treat a business like yours.
- Loans that were never completed. The SBA file lists approvals, and this page leaves out the ones it marks cancelled.
- The borrower, the address and every term beyond rate and term. The public file does not show them.
SBA loans are on record by state only. Amounts are rounded to 2 significant figures and dates to the month. A 6-digit industry code is printed only where the SBA file holds 5 or more loans of the program in that state.
SBA 504 figures count the first-lien lender on each SBA approval. Dollars are first-lien amounts.
SBA does not require you to use an agent or broker for a loan application. SBA has not reviewed or endorsed this site.
Source and date appear beside each figure. Banks report balances, not loans made. Loans made come only from HMDA and SBA files. We do not audit filings and can make errors joining them. Report a problem
Figures come from public records and show the source and date beside them. Public records can be late, incomplete or wrong. A past loan does not mean a lender will make the same kind of loan today. Confirm anything important with the lender.