2025 Small Business Progress Report Was an Interesting Find
FEB 18, 202623 MIN
2025 Small Business Progress Report Was an Interesting Find
FEB 18, 202623 MIN
Description
<p>***** Download the Best Small Business Podcast Today on Your Favorite Podcast Player*****</p><p></p><p>In 2025, while Black-owned businesses continued to face capital access challenges, they contributed over $207 billion to the U.S. economy. SBA loan approvals for Black-owned businesses rose to 6.5% by mid-2025, though in the 2024 fiscal year, they received $1.4 billion in SBA-backed loans, representing only 7.2% of total approvals. Tune in today to hear how small businesses fared in 2025.</p><p>#businesscapital #makingmoney #SBAloans #smallbusinessassociation #projections</p>