Home » NEWS » Banking & Finance » SBA surpasses $100M in loans through third quarter

SBA surpasses $100M in loans through third quarter

ACROSS MISSISSIPPI — With just over three months to go before the federal fiscal year ends, the U. S. Small Business Administration Mississippi District has surpassed the $100-million milestone.

Thus far through the third quarter of fiscal year 2014 (Oct. 1, 2013 to June 15, 2014), the Mississippi SBA office has 287 approved loans totaling $100,514,200.

Mississippi SBA loans approved through June 15 generated 822 jobs created and 1,439 jobs retained which nets greater tax revenue for the state of Mississippi, according to a release.


… we’d like to ask for your support. More people are reading the Mississippi Business Journal than ever before, but advertising revenues for all conventional media are falling fast. Unlike many, we do not use a pay wall, because we want to continue providing Mississippi’s most comprehensive business news each and every day. But that takes time, money and hard work. We do it because it is important to us … and equally important to you, if you value the flow of trustworthy news and information which have always kept America strong and free for more than 200 years.

If those who read our content will help fund it, we can continue to bring you the very best in news and information. Please consider joining us as a valued member, or if you prefer, make a one-time contribution.

Click for more info

About MBJ Staff

Leave a Reply

Your email address will not be published. Required fields are marked *