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SBA Charge Off Numbers - Failure Rates!
Episode 290
Published 3 years, 2 months ago
Description
I dive into the general numbers of SBA failure rates…
In a nutshell:
- 5-2% failure rates each year from a total loan value.
- 2014-2023 - Mostly attractive economy
- 2020-2023 - Recent loans have not failed yet…
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- SBA loan data
https://www.sba.gov/document/report-small-business-administration-loan-program-performance