A New Way to Issue SBA Loans?

Should SBA lenders avoid financing small businesses in certain industries? Because loan performance is much worse in some industries than in others, tax payers should consider this question.

On its website, the National Association of Government Guaranteed Lenders (NAGGL) provides some data that shows the number of loans, amount disbursed, failure rate, and charge-off rate for 7(a) and 504 loans approved between the fourth quarter of 2000 and third quarter of 2008 and later disbursed (for industries in which at least five companies received an SBA loan).

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