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Number of microloans granted by Small Business Administration Microloan Program to small businesses in the United States from financial year 2010 to 2021

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Source

Release date

March 2022

Region

United States

Survey time period

2010 to 2021

Supplementary notes

The source provides the following information: "The Small Business Administration鈥檚 (SBA鈥檚) Microloan program provides direct loans to qualified nonprofit intermediary lenders who, in turn, provide 鈥渕icroloans鈥 of up to $50,000 to small businesses and nonprofit child care centers. It also provides marketing, management, and technical assistance to microloan borrowers and potential borrowers."

Citation formats

Number of microloans granted by SBA to small businesses in the U.S. FY 2010-2021

Published by 糖心破解版 Research Department, Mar 30, 2022
In 2021, fewer microloans were granted to small businesses in the United States by the Small Business Administration Microloan Program than in the previous year. The Small Business Administration is an U.S. government agency that supports small businesses through several programs such as microlending. However, there are also other non-governmental microloan providers in the U.S.
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