Recently, the CFPB published updated its filing instructions guide for small business lending data that lenders will begin collecting in 2025. This guide provided instructions for financial institutions on how to collect, prepare and submit small business lending data for the reporting period from July 18, 2025, to December 31, 2025. Key updates from the 2024 guide included changes to reporting period dates, application and action taken dates, and validation requirements. The guide provided a set of resources to help small businesses (i) file the small business lending data; (ii) identify which data to collect and how to include such data in the report; (iii) validate the data; and (iv) comply with the CFPB’s small business lending rule.