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A Review of Lending Impact in 2022
Total Loans Disbursed:
$2,011,156
UP 479% from 2021
Average Loan Size: $20,900
Amortized Lending in 2022
Consumer Lending
9%
Home Repair
$81,700
Property Tax Assistance
$15,587
Qualifying Investment Area Census Tracts
66%
# of Loans
75%
Loan Volume
Small Business Lending
91%
Back 2 Business
$570,000
Micro Enterprise
$218,870
Small Business ($50k+)
$160,000
Small Business Lending
Loans Closed
40
96%
African
American-owned
Avg. Loan Size
$23,700
Woman-owned
55%
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