SBA Lending Has Another Great Year!

SBA recently released loan data for fiscal 2013 revealing that the agency had experienced the third largest lending year in SBA history. SBA approved more than 54,000 loans representing $29.6 billion. This was the agency’s third highest year. The second highest year was in 2012 with $30.25 billion and 53,848 loans and the highest ever was in 2011 with $30.5 billion and 61,689 loans.

Over the past five years, SBA has supported $126 billion in lending to over 260,000 small businesses across the U.S.

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