Skip to main content

This is historical material “frozen in time.” The website is no longer updated and links to external websites and some internal pages may not work.

Performance.gov
Mobile Menu
  • Home
  • Agencies
    • Department of Agriculture
    • Department of Housing and Urban Development
    • General Services Administration
    • Department of Commerce
    • Department of the Interior
    • National Aeronautics and Space Administration
    • Department of Defense
    • Department of Justice
    • National Science Foundation
    • Department of Education
    • Department of Labor
    • Office of Personnel Management
    • Department of Energy
    • Department of State
    • Small Business Administration
    • Environmental Protection Agency
    • Department of Transportation
    • Social Security Administration
    • Department of Health and Human Services
    • Department of the Treasury
    • U.S. Agency for International Development
    • Department of Homeland Security
    • Department of Veterans Affairs
  • Goals
  • Initiatives
    • Freeze the Footprint
    • Reduce the Footprint
    • Sustainability
    • Permitting Dashboard
    • USASpending.gov
    • PaymentAccuracy.gov
  • Programs
  • API
  • About
  • FAQ

You are hereHome / Goals / Helping Small Business Grow

Helping Small Business Grow

After designating the improvement of business loan efficiency as an Agency Priority Goal, the Small Business Administration (SBA) has made considerable progress in making it more efficient for small businesses to get loans, while also reducing cost. The SBA increased the use of paperless processing in their 7(a) loan program (which provides financing for various business uses, such as working capital and real estate) from 72 percent in 2011 to 90 percent in 2013, and from 55 percent to 76 percent in their 504 loan program (which provides financing for real estate and major equipment). The adoption of electronic loan processing also contributed to a 5.6 percent increase in loan volume from 2012 to 2013, growing the number of small businesses assisted.

Helping Small Business Grow
  • Accessibility
  • Privacy Policy

 

  • usaspending.gov
  • whitehouse.gov
  • usa.gov
  • data.gov