Small Business Lending in the United States, 2020
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…
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