#sba statistics

Small Business Lending in the United States, 2020

SBA “Advocacy’s small business lending report examines FDIC data to determine the state of bank lending to small businesses.  Small business loans (loans below $1 million) increased by nearly 40% from 2019 to 2020, largely due to the newly enacted Paycheck Protection Program.” __________________________________________________________________________________________________________ “This…

SBA Office Of Advocacy Releases Spring Economic Bulletin

“The COVID-19 pandemic was an economic shock to small firms and the effects were not easily predictable. An unprecedented number of establishments closed at least temporarily, jobs are rebounding but have not yet reached pre-pandemic levels, proprietor’s income rebounded quickly, and business bankruptcies seem unaffected so far. Financial conditions have improved and remain accommodating to…

Small Business Export Grants And Support Resources

“U.S. SMALL BUSINESS ADMINISTRATION” “The U.S. Small Business Administration’s (SBA’s) Office of International Trade can help. Through our State Trade Expansion Program (STEP) small businesses can access grant funds to expand your customer base, increase sales, and become more competitive.  In fact, allowable activities of export services for STEP have recently expanded to cover all services in…

2020 Small Business Stats In Your Congressional District

Image: “Broadly.com”

“U.S. SMALL BUSINESS ADMINISTRATION – Office of Advocacy “

“Each profile focuses on the impact of small businesses in 436 congressional districts.

The total number of small employers and their industry breakout, plus the number of workers employed and payroll expended by small businesses.”

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