Small Business Owner Resource
The past, present, and future of SBA 7(a) lending for Delaware.
In 2022 there were 32 SBA lenders that approved 164 SBA 7(a) loans for projects in Delaware totaling $70,693,900. The average loan amount was $431,060. Borrowers from 28 cities were approved for projects in Delaware for 89 industries. The SBA loan approvals in 2022 represent 1,560 jobs supported or saved in Delaware.
There were 18 franchise branded businesses receiving 23 loan approvals for $9,465,000 with an average loan amount of $411,522.
Our forecast model projects $66 million in total Delaware SBA 7(a) loan approval amounts in 2023 with $9.3 million to franchise businesses.
Delaware Lending Data For All SBA 7(a) Loans:
Data updated through 12/31/2022. See SBADNA Data Source & Methodology for more details.
Delaware Lending Data For Franchise SBA 7(a) Loans Only:
Data updated through 12/31/2022. See SBADNA Data Source & Methodology for more details.
This intel is provided by SBADNA, an SBAmatch sister company.
Our SBA Lending Experts can leverage this intel with long-standing banking relationships to help you find the right loan for FREE.
