With just one month of fiscal year 2021 under our belt, SBA 504 loan activity has slowed compared to last year. Through October 30, 2020, SBA 504 loan originations were down 18.2% compared to the prior year, reaching $497.2 million year-to-date in FY2021 versus $607.9...
The 2020 fiscal year for the SBA that ended on September 30 closed with substantial SBA 504 loan activity. Through September 30, 2020, SBA 504 loan originations were up 17.5% compared to the prior year, reaching $5.83 billion year-to-date in FY2020 versus $4.96...
Despite the sharp reduction in economic activity caused by the COVID-19 pandemic and the distractions caused by the PPP and EIDL programs, SBA 504 loan activity has remained strong. Through August 28, 2020, SBA 504 loan originations were up 14.7% compared to the prior...
SBA 504 loan origination growth seems to have stabilized after slowdowns due partly to reduced economic activity and partly to the significant efforts expended for the PPP and EIDL programs. Through July 31, 2020, SBA 504 loan originations were up 15.0% compared to...
We’re still awaiting updates to SBA Loan Program Outstandings through March. SBA 504 loan origination growth continued to slow, due partly to reduced economic activity and partly to the significant efforts expended for the PPP and EIDL programs. Through July 3, 2020,...
We’re still awaiting updates to SBA Loan Program Outstandings through March. As expected however, SBA 504 loan origination growth slowed down considerably since our report last month, due at least partly to the significant efforts expended for the PPP and EIDL...