Rollout of Small Business Lending in the United States, 2009-2010

I received this email from Winslow yesterday. As you all will recall Small Business California requested that the Office of Advocacy do a study of small business lending. This is the study that has been done.

Below you will see a link to report. I try not to send attachments in this email so if you would like a more complete summary of the results please let me know and I will send it to you.

Thank you Winslow for doing this.

Scott Hauge
President
Small Business California
2311 Taraval Street
San Francisco, CA 94116
shauge@cal-insure.com
415-680-2188

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Jere, Scott
Attached are copies of the full report, research summary, and news release for Small Business Lending in the United States, 2009-2010. On the web, the full report just went live at http://www.sba.gov/content/banking-study-2010-0.

A one-paragraph summary is below. Hope this helps with your distribution to your key contacts!

The Office of Advocacy’s latest study of Small Business Lending in the United States, 2009-2010 finds that while lending to small firms by U.S. financial institutions continued to decline, it began to stabilize in some loan size categories over the most recent period. In the smallest business loans under $100,000 lending was down by 1 percent in 2009-2010, compared with a 5.5 percent drop in 2008-2009, and real estate loans accounted for the entire decline, as small commercial and industrial loans increased.

As the economy improves, this study, through its state-by-state display of lender performance, can help both small business borrowers and lending institutions see where small firms are beginning to find the capital they need. The study uses data reported by financial institutions to their regulatory agencies to compile state rankings of these institutions with respect to their small business lending. Two types of reports are used: Consolidated Reports of Condition and Income (Call Reports) and Community Reinvestment Act (CRA) reports. (The rankings are unrelated to banks’ status with respect to Small Business Administration lending programs.) The full report is available on the Office of Advocacy website at www.sba.gov/advocacy.

Please let me know if you have any questions.

Winslow Sargeant, Ph.D.
Chief Counsel
Office of Advocacy
Small Business Administration
Office of Advocacy
409 Third Street SW
Washington, DC 20416
Email: winslow.sargeant@sba.gov
Tel: 202-205-6533
Fax: 202-481-6928

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