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State. Total SBA amount funded in state. Top 5 SBA lenders. Alabama. $287 million. Live Oak Bank ($35.02 million) Synovus Bank ($20.74 million) Newtek Small Business Finance, Inc. ($16.91 million)
The Small Business Administration backed loans worth $27.5 billion through its primary lending program in 2023—rising well above pre-COVID-19 pandemic levels as government officials aim to ...
Washington is a great state for women small-business owners, considering 42% of its small businesses are owned by women. Of those businesses, 34% make a revenue of $1 million or more.
America's Top States For Business CNBC, a division of NBC Universal, has been ranking state business climates annually since 2007.According to information compiled by CNBC, both from private industry sources, as well as State and Federal agencies, there have been increases and decreases in many U.S State's economies.
This is a list of U.S. states and territories by gross domestic product (GDP). This article presents the 50 U.S. states and the District of Columbia and their nominal GDP at current prices. The data source for the list is the Bureau of Economic Analysis (BEA) in 2024. The BEA defined GDP by state as "the sum of value added from all industries ...
The SBA was created on July 30, 1953, by Republican President Eisenhower with the signing of the Small Business Act, currently codified at 15 U.S.C. ch. 14A.The Small Business Act was originally enacted as the "Small Business Act of 1953" in Title II (67 Stat. 232) of Pub. L. 83–163 (ch. 282, 67 Stat. 230, July 30, 1953); The "Reconstruction Finance Corporation Liquidation Act" was Title I ...
Small businesses are vital to the economy, making up a large part of the workforce. Skip to main content. 24/7 Help. For premium support please call: 800-290-4726 more ways to ...
In the United States, the Small Business Administration establishes small business size standards on an industry-by-industry basis but generally specifies a small business as having fewer than 500 employees for manufacturing businesses and less than $7.5 million in annual receipts for most non-manufacturing businesses.