Did you know? SBAC funded $13 million loans in 2020!
The SBAC funded 128 Bridge Loans and PPP loans for a total of $3.5 million. This is in addition to our regular programs (504, CA, Micro, etc.) in which we funded 32 small business loans. In summary, we funded 160 loans for $13 million during the calendar year 2020! Currently in 2021, we’ve funded 140 PPP loans in 2021 and expect to break the record numbers we had in 2020!