20% of Main Street Applied for SBA Loans in 2024
April 7, 2025
Bob Coleman
Founder & Publisher
20% of Main Street Applied for SBA Loans in 2024
From the 2025 Federal Reserve Bank Small Business Credit Survey.
Some Interesting Survey Results:
- 37% of Main Street applied for credit
- Of those, 33% applied for a business loan
- 20% applied for an SBA loan or line of credit
Check out our earlier reporting: Cash Reserves are the Number One Solution for Main Street Financial Challenges (April 2, 2025)