June 10, 2014
I was previously unaware of the study, but the numbers are eyepopping.
Now, I am providing the link to the study, but it is a very, very statistical report. Unless you are totally into numbers, you don’t need to go there.
The takeway is simple.
1) SBA lending retains and creates jobs.
2) And according to one study, SBA lending creates five jobs per $1 million in Loans
Shout out to Neil Peretz of Better Finance for alerting me to the study!