PeopleFund: SBA Lending Profile
Certified CDFI, U.S. Treasury
PeopleFund is a non-bank SBA lending company (SBLC), headquartered in Austin, TX. It is active in 1 state, concentrated around TX. Everything below comes from federal SBA loan records, not from the lender's marketing. This is what it has actually funded.
Loan sizes PeopleFund actually approves
The median SBA approval at PeopleFund is $127,700. The middle 80% of its loans fall between $75,000 and $251,190. The smallest approval on record since 2020 is $52,300 and the largest is $350,000. If the amount you need sits far outside that range, this is probably not the right first call, no matter what the website says.
Programs
| Program | Loans FY25-26 | Median size | Median rate | Median term |
|---|---|---|---|---|
| SBA 7(a) | 67 | $128K | 9.75% | 7 years |
| SBA 504 | 8 | $642K | n/a | 25 years |
Industries it funds most
| Industry | Loans since 2020 | Share |
|---|---|---|
| Fitness and Recreational Sports Centers | 15 | 6.5% |
| Full-Service Restaurants | 10 | 4.3% |
| Limited-Service Restaurants | 10 | 4.3% |
| Child Day Care Services | 9 | 3.9% |
| Snack and Nonalcoholic Beverage Bars | 9 | 3.9% |
| General Freight Trucking, Long-Distance, Truckload | 6 | 2.6% |
| Commercial and Institutional Building Construction | 5 | 2.2% |
| Beauty Salons | 5 | 2.2% |
| Home Health Care Services | 5 | 2.2% |
| Offices of Physical, Occupational and Speech Therapists, and Audiologists | 5 | 2.2% |
| Drinking Places (Alcoholic Beverages) | 4 | 1.7% |
| Other Personal Care Services | 4 | 1.7% |
Borrower profile
- This institution is a Treasury-certified Community Development Financial Institution. CDFIs exist specifically to fund businesses and communities that conventional lenders often decline.
- 70.9% of its recent SBA loans went to startups or businesses under two years old, which is high, most SBA lenders skew heavily toward established companies.
- Collateral was taken on 91.7% of its recent SBA loans.
- 100% of its loans carry fixed rates; the rest are variable.
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Sources and limits. Figures are derived from U.S. Small Business Administration 7(a) and 504 FOIA loan-level records (data as of 2026-06-30, retrieved 2026-08-08) and FDIC public institution data. CDFI certification status from the U.S. Treasury CDFI Fund certified institution list. They describe past lending activity only. They are not rate quotes, not current offers, and not an indication that any business will qualify. Lender programs and criteria change. Big Brain Funding is not affiliated with or endorsed by PeopleFund.