SBA: Lending Activity for FY17 Shows Consistent Growth
The U.S. Small Business Administration today announced fiscal year 2017 lending numbers showing increasing loan levels in small business lending through the 7(a) and 504 loan programs, as well as increases in lending to women, veterans and emerging communities. SBA approved over 68,000 loans in the 7(a) and 504 loan programs in FY17. These programs provided…
SBA: 2017 Finalists Named For InnovateHER Business Challenge For Innovations That Empower Women’s Lives
10 Visionary Entrepreneurs Will Take Part in Pitch Competition Before an Expert Panel of Judges Administrator Linda McMahon, the head of the U.S. Small Business Administration, today announced the 2017 finalists of the SBA’s InnovateHER Business Challenge, the nationwide competition highlighting innovative products, services or technology developed by visionary entrepreneurs that have a measurable impact…
Census Bureau: 2015 Statistics On U.S. Businesses Released
Today the U.S. Census Bureau released the 2015 Statistics of U.S. Businesses data tables by establishment industry. This release includes single-year estimates of the number of firms, number of establishments, employment and annual payroll. Data are presented by state, industry and enterprise employment size. No news release associated with this product. Tip Sheet only.
ABA: Foundation Honors Six Banks with Community Commitment Awards
Categories range from affordable housing to community and economic development WASHINGTON — Six banks have been recognized as leaders in corporate social responsibility with an American Bankers Association Foundation Community Commitment Award. The awards were given to banks for their efforts in categories ranging from affordable housing to economic inclusion. Winners will be presented…
CFPB: First National Survey on Financial Well-Being Shows More Than 40 Percent of U.S. Adults Struggle To Make Ends Meet
Bureau Releases Interactive Online Tool to Help Consumers Measure Their Financial Well-Being Today, the Consumer Financial Protection Bureau (CFPB) released the results of a first-of-its-kind national survey on the financial well-being of U.S. consumers that showed that more than 40 percent of U.S. adults struggle to make ends meet. The survey provides measurements and insights…
Census Bureau: Startup Firms Created Over 2 Million Jobs in 2015
In 2015, the nation’s 414,000 startup firms created 2.5 million new jobs according to data from the Census Bureau’s Business Dynamics Statistics. In contrast, this level of startup activity is well below the pre-Great Recession average of 524,000 startup firms and 3.3 million new jobs per year for the period 2002-2006. Other highlights include: Job…