Biden-Harris Administration Announces Record $3 Billion in Lending to Latino-Owned Small Businesses
… backed by the federal government. The SBA backed more than 7,700 SBA loans to Latino-owned small businesses in Fiscal Year 2023 through the agency’s signature 7(a) and 504 loan programs, double the number in Fiscal Year … $3,006 Share (% of loans) 8.2% 8.4% 9.0% 7.8% 8.4% 10.0% 12.2% Under the Biden-Harris Administration, the …