Value of SBA 7(a) Loans
2017-2022
The Small Business Administration’s 7(a) Loan Program is SBA’s most common loan program. This loan product can be used for short- and long-term working capital , real estate purchases, refinancing current business debt, and purchasing furniture, fixtures, and supplies. The loan amounts for a 7(a) are $5,000 to $5 million.
Tracking this metric tells us the uptake and value of SBA 7(a) loans by small businesses in Fort Worth compared to other large Texas cities and is an indicator of whether small businesses are actively seeking loans to grow.
Source Information
https://data.sba.gov/dataset/