Small Business Credit Survey 2022 Report on Employer Firms

Revenue and employment improved for small businesses since 2020, but performance largely lags prepandemic levels. Financing approval rates continued to trend lower than in years prior to the pandemic. Read More  

Smallest Firms Reveal Barriers to Economic Inclusion: Lessons from Pandemic Support Programs

Data from the Small Business Credit Survey and insights from community-based organizations prove to be invaluable tools for helping small businesses access the credit they need. Read More  

Small Businesses in Our Region Appear to Have Had Greater Access to Traditional Credit Compared to the Nation...but Inequalities among Firms Persist

Nearly 18 months from the outbreak of COVID-19, small employer firms—businesses with fewer than 500 employees—continue to cope with the extra challenges the pandemic brought. How are they weathering the pandemic? Read More  

Assessing the Reach of PPP Loans in Low- and Moderate-Income Communities

To help small businesses cope with the loss of revenue during the pandemic, the Small Business Administration extended forgivable loans through the Paycheck Protection Program. While the program reached millions of small businesses, it is important to examine to what extent this occurred in low- and moderate-income communities. Read More  

Small Business Credit Survey 2021 Report on Nonemployer Firms

Among the pandemic’s most impacted firms were the smallest businesses—nonemployer firms—which are businesses with no employees other than the owner(s). This report focuses on the experiences of nonemployer firms in the months leading up to the pandemic and the first six months of the crisis. Read More