|Source||U.S. Small Business Administration|
|File Size||392 MB|
|Dates Covered||1990 through November 30, 2014 (contact the data library for data prior to 1990)|
|Buy this database||Click here to purchase and download this database|
The SBA 7a business loans database contains information about loans guaranteed by the U.S. Small Business Administration under its main lending program, known as 7a. The data include loans approved by the SBA since 1990, when Congress created the agency to help entrepreneurs form or expand small enterprises.
The SBA's 7a program provides loans to small business owners who can't obtain financing through traditional channels. The program operates through private-sector lenders who provide loans that are, in turn, guaranteed by the SBA. The SBA7a program itself has no funds for direct lending or grants.
The data contain information on the business getting the loan including address and industry code, the bank lending the money, the amount loaned, and (where applicable) whether the loan was paid in full or charged off.
For state slices, or for loan records going back to 1953, contact the Database Library at (573) 884-7711 or email@example.com
Record layouts and samples of this database
|SBA 7a Data sample (sba7a_sample.txt)||55.6 KB|
|SBA 7a Record Layout (sba7a_layout.xls)||36.0 KB|
|SBA 7a Readme (readme(sba)_1.txt)||7.7 KB|
Franchises eating up SBA loans
"A surge in loans backed by the Small Business Administration has given the federal government a growing stake in the proliferation of New Jersey's fast-food outlets....(the fast food sector), comprised largely of franchises, is the SBA's largest customer, consuming about $1 of every $6 loaned under the SBA's popular 7(a) program in New Jersey, or 143.8 million from 1993 through fiscal 1998..But dentists take a healthy bite too...Dentists often meet the agency's criteria as small-business owners who need capital to establish themselves or buy equipment..."
Small Business Anxiety
An investigation by the Kansas City Star reveals that the Small Business Administration gives most of its government-guaranteed loans to firms located middle- and high-income areas. The paper discovered that minority-owned businesses receive less than 15 percent of the SBA loans, despite efforts by the administration to target minority owners.