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.

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