White Paper: 7(a) Loan Program During SBA’s Response to the COVID-19 Pandemic
… White Paper: 7(a) Loan Program During SBA’s Response to the COVID-19 Pandemic … program risk strategy. Specifically, in FY 2021, the total amount of loans increased to $31.4 billion from $19.4 billion … $20.6 billion in FY 2019 (53 percent increase), as did the average loan amount. Loan approvals decreased in FY 2020 and …