2023 SBA loans reach $27.5 billion, surpassing pre-pandemic levels, with focus on equitable lending to minority and female entrepreneurs, Florida county tops per capita 7(a)

SBA loans in 2023 hit $27.5 billion, a rise above pre-pandemic levels, with a focus on equitable lending to Black, Latino, and women entrepreneurs. Flippa identified the Florida county with the most SBA loan funds per capita in fiscal year 2023, based on the 7(a) loan program, which provides extra security for lenders. The 7(a) loans can reach up to $5 million, but 70% in 2023 were for $350,000 or less.

March 07, 2024
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