Small Business Administration lent more than $29 billion in SBA loans in fiscal 2013 which was the third biggest year ever. The majority of the lending was through SBA’s loan program of its 7(a) program and 504 loans, which are mainly used for real estate.  In fiscal 2013, which ended September 30th, almost $18 billion in 7(a) loans were approved which was well above the 2013 levels, however, the 504 loans declined because of the end of a temporary program that allowed small business to use the 504 program to refinance commercial real estate.  SBA guaranteed more than 54,000 loans in fiscal 2013, which was less than the 61,689 loans it guaranteed in 2011, partly because of the temporary breaks in reduced fees and higher government guarantees that Congress enacted to increase the lending after the financial crisis.