Sba Loan Rates April 2024. In 2019, approximately 43% of small businesses applied for a loan—a number that dropped to 37% in 2020. Small business administration (sba) has announced expanded flexibility and accommodations for covid eidl and ppp.
Through april 30, 2024, 504 loan originations are down 1.2% compared to the same point in fy2023, a significant improvement from the 3.1% decline reported at the end of. 504 loan originations are down 3.1% compared to the same point in fy2023, a significant improvement from the 22.1% decline reported at the end of february 2024.