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… and technology. After declining between 2017 and 2020, SBA loans to AANHPI-owned businesses are back on the rise under the Biden-Harris Administration, with total loans increasing by 44% and total loan dollars increasing by …
… across SBA’s core programs since 2008, as well as 18,000 loans to households for disaster recovery; the agency also … by dramatic growth in the 7(a) Loan Program’s smallest loans—those under $150,000—as well as by loans to female, Black, and Latino entrepreneurs. …
… and a 23 percent increase in the dollar value of those loans, compared to FY14. “It’s not just the overall numbers … accessing capital. The dollar value of our 7(a) loans was up 22 percent to women, 23 percent to minorities …