Wednesday, May 25, 2011

SBA 7(a) Weekly Lending Update

SBA 7(a) loans approvals bumped up to $270,991,000 for the week ending May 20th.  That brings the year to date total to $13,944,325,000.

There are 18 weeks left in the SBA's fiscal year and only $3,555,675,000 remaining for the SBA 7(a) program.  That less than $200 million per week.

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