SBA Lending Data to Minority-owned Businesses

The following charts highlight data trends of the SBA 7(a) program and the Community Advantage pilot program from fiscal years 2016 to 2023.

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CA lending and 7(a) lending fell during the pandemic, as more entrepreneurs applied for PPP loans to save their businesses. Since 2022, 7(a) lenders have steadily increased their lending to minority- and women-owned businesses; however, CA lenders still outpace lending to the following historically underserved communities.