SBA

@SBAgov ↗

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Last Checked Nov. 28, 2020

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Wed Oct 28 20:13:50 +0000 2020

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SBA @SBAgov

Further reported data shows SBA’s 7(a) lending to women-owned businesses was nearly $2.7B in FY20 while lending from the 504 loan program to women-owned businesses was over $522 million. Additionally, loans to veterans totaled nearly $835 million for the 7(a) and 504 programs. — PolitiTweet.org

Posted Oct. 28, 2020

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SBA @SBAgov

Lenders reported that minority business owners received $7.5B in combined 7(a) and 504 lending, or 27% of the SBA’s loan portfolio. — PolitiTweet.org

Posted Oct. 28, 2020

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SBA @SBAgov

Also, SBA’s Office of Investment and Innovation licensed 26 Small Business Investment Companies with $2.1B in Private Capital during FY20. This was a 44 % increase in the number of new licensees and a 72% increase in private capital from new licensees compared to FY2019. — PolitiTweet.org

Posted Oct. 28, 2020