Small-biz lending on the rise
Federal loan programs that help fund company expansions are seeing more activity from program administrators in Indianapolis.
Small business loans
Articles
Obama’s stimulus aims to boost access to small-biz loans
No incentive can make a bad deal bankable. But President Obama’s stimulus measures are spurring some promising small businesses
to begin borrowing again, despite the recession.
SBA loan approvals – November 2009
SBA loan approvals above $100,000 for the Indianapolis area for November 2009
SBA loan approvals – October 2009
SBA loan approvals for the Indianapolis area for October 2009.
Local SBA lending dropped 17 percent in 2009
Local loans issued through the Small Business Administration’s popular 7(a) guarantee program plunged by an astonishing 64
percent for three of the city’s four largest banks during 2009, while overall lending in the program slipped 17 percent in
the metro area.
SBA loan approvals for Indianapolis – September 2009
Small Business Administration loan guarantees for the month of September 2009 for Indianapolis area
Small-biz loan approvals for June
SBA loan guarantees for the month of June. These businesses have received loans from financial institutions with a guarantee
from the SBA. Not all funds are disbursed immediately, and some approved loans are subsequently canceled.