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SBA loans in Pittsburgh region down almost 20 percent

Patty Tascarella
SBA loans in Pittsburgh region down almost 20 percent

U.S. Small Business Administration loans are down 19.5 percent during the nine months ended June 30, three-fourths of the way through the SBA fiscal year. The 27-county western Pennsylvania region tallied 336 loans at $125.6 million as of June 30, compared to 448 loans at a $156.1 million for the same period in 2018. “It’s a problem that’s good to have,” said District Director Kelly Hunt.