SBA Loan Performance in 2025: Why It Matters for Buyers and Investors

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February 02, 2026

by a professional from Allegheny College in Philadelphia, PA, USA

I just published a new edition of Search Fund Operate looking at SBA loan performance data in 2025 and what it signals for buyers and investors in small businesses. The data highlights which industries are experiencing lower default rates and why that matters when underwriting risk, selecting industries, and structuring SBA-backed acquisitions. While lenders focus on defaults, buyers and investors can use the same data as a proxy for operational resilience and transition risk. If you’re involved in search funds, independent sponsor deals, or direct small-business investing, the trends are worth a closer look. Read the full article here: https://lnkd.in/eWGGCwvz
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