Since April, the U.S. Small Business Administration has approved more than 4.7 million loans totaling over half a trillion dollars. “SBA worked with 5,500 lenders of all sizes, including 4,000 community banks, 1,000 credit unions, 302 Community Development Financial Institutions (CDFIs), 170 Minority Depository Institutions, [and] 54 farm credit institutions,” SBA Administrator Jovita Carranza writes in the Orlando Sentinel. |
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