{"citation":"SBA loans for holding companies that own operating businesses. SBA Express Loans, Janover Capital LLC (data as of June 30, 2026). https://www.sbaexpress.loans/industries/offices-of-other-holding-companies/ Source: SBA 7(a) loan file, June 30, 2026 (https://data.sba.gov/dataset/7a-504-foia).","url":"https://www.sbaexpress.loans/industries/offices-of-other-holding-companies/","title":"SBA loans for holding companies that own operating businesses","data_as_of":"2026-06-30","checked":null,"sources":[{"label":"SBA 7(a) loan file, June 30, 2026","url":"https://data.sba.gov/dataset/7a-504-foia"},{"label":"SOP 50 10 8.1: App. 19, Para. A (p. 404); Sec. B, Ch. 2, Para. C.2 (Para. C begins p. 127); App. 19, Para. B.3 (Para. B begins p. 408); App. 16, Para. B.2 (Para. B begins p. 388); Sec. B, Ch. 2 (p. 125); Sec. B, Ch. 2, Para. B.1 (p. 126); Sec. A, Ch. 5, Para. A.1 (p. 93); Sec. A, Ch. 1, Para. D.1 (p. 14); Sec. A, Ch. 1, Para. D.2 (p. 14); App. 17, Para. A.2 (p. 390); App. 17, Para. A.1 (p. 390); SBA Procedural Notice 5000-876777; 13 CFR § 120.160(a); 13 CFR § 121.301","url":"https://legacy.sba.gov/sites/default/files/2026-10/SOP%2050%2010%208.1%20Technical%20Policy%20Updates%20effective%20%2010.1.2026.docx"},{"label":"13 CFR § 120.100","url":"https://www.ecfr.gov/current/title-13/section-120.100"},{"label":"SOP 50 10 8.1: Sec. A, Ch. 1, Para. E (p. 18); 13 CFR § 120.110","url":"https://www.ecfr.gov/current/title-13/section-120.110"},{"label":"SOP 50 10 8.1: Sec. B, Ch. 2, Para. B.5 (Para. B begins p. 126); 13 CFR § 120.214(d)(4)","url":"https://www.ecfr.gov/current/title-13/section-120.214"},{"label":"SOP 50 10 8.1: Sec. A, Ch. 1, Para. D.1 (p. 14); 13 CFR § 121.301(b)(2)","url":"https://www.ecfr.gov/current/title-13/section-121.301"},{"label":"91 FR 53741 (Aug. 20, 2026)","url":"https://www.govinfo.gov/content/pkg/FR-2026-08-20/pdf/2026-17042.pdf"},{"label":"13 CFR § 121.201","url":"https://www.ecfr.gov/current/title-13/section-121.201"}],"data":{"naics":"551112","industry":"Offices of Other Holding Companies","sector":"Management of Companies and Enterprises","as_of":"2026-06-30","basis":"recent","windows":{"recent":"FY2024 through June 30, 2026","all":"FY2020 through June 30, 2026","seasoned":"FY2020 to FY2022 loans, charge-offs through June 30, 2026"},"recent":{"loans":92,"dollars":115860700,"median_amount":757500,"p25_amount":220375,"p75_amount":1799125,"median_rate":9.5,"median_spread":2.62,"median_term":120,"express_share":18.5,"loc_share":10.9},"all":{"loans":200,"dollars":222829700,"median_amount":635350,"p25_amount":237000,"p75_amount":1516875,"median_rate":null,"median_spread":2.25,"median_term":120,"express_share":24.5,"loc_share":11.5},"chargeoff":{"cohort_loans":95,"charged_off_loans":0,"rate_loans":0.0,"rate_dollars":0.0},"lenders":[{"name":"Byline Bank","loans":13,"url":"https://www.sbaexpress.loans/sba-express-lenders/byline-bank/"},{"name":"Live Oak Banking Company","loans":5,"url":"https://www.sbaexpress.loans/sba-express-lenders/live-oak-banking-company/"},{"name":"U.S. Bank","loans":5,"url":"https://www.sbaexpress.loans/sba-express-lenders/u-s-bank/"}],"states":[{"name":"Florida","loans":7,"url":"https://www.sbaexpress.loans/florida-small-business-loans/"},{"name":"Utah","loans":7,"url":"https://www.sbaexpress.loans/utah-small-business-loans/"},{"name":"Texas","loans":6,"url":"https://www.sbaexpress.loans/texas-small-business-loans/"},{"name":"Colorado","loans":5,"url":"https://www.sbaexpress.loans/colorado-small-business-loans/"},{"name":"Illinois","loans":5,"url":"https://www.sbaexpress.loans/illinois-small-business-loans/"}],"note":"Counts under 5 are suppressed, and so is a share or rate that would give one back. Rates are rates at approval, not today's rates.","rows":[{"size_band":"$50,000 or less","loans":9,"share_pct":9.8},{"size_band":"$50,001 to $150,000","loans":11,"share_pct":12.0},{"size_band":"$150,001 to $350,000","loans":13,"share_pct":14.1},{"size_band":"$350,001 to $500,000","loans":null,"share_pct":null},{"size_band":"$500,001 to $1,000,000","loans":19,"share_pct":20.7},{"size_band":"$1,000,001 to $2,000,000","loans":16,"share_pct":17.4},{"size_band":"Over $2,000,000","loans":20,"share_pct":21.7}]}}