SBA Achieves Historic Small Business Lending for Fiscal Year 2020
… percent of Microloans made in FY20 went to Black-owned small businesses. Lending to underserved populations … Further reported data shows SBA’s 7(a) lending to women-owned businesses was nearly $2.7 billion in FY20 while lending from the 504 loan program to women-owned businesses was over $522 million. Additionally, …