The SBA said its 7(a) and 504 loan programs supported more than 61,000 traditional loans worth $44.8 billion in fiscal 2021. The lending comprised:
November 01, 2021 / By ICBA
The SBA said its 7(a) and 504 loan programs supported more than 61,000 traditional loans worth $44.8 billion in fiscal 2021. The lending comprised:
Nearly 52,000 7(a) loans worth more than $36.5 billion.
9,600 504 program loans worth more than $8.2 billion.
$71.8 million in microloan funding to nearly 4,400 small businesses.
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