Abstract
The United States Small Business Administration (SBA) was established as a federal agency to support Americans in launching and growing resilient business ventures. This paper employs time series analysis and simple linear regression to examine the relationship between the SBA’s 504 and 7(a) loan programs and key economic indicators—specifically, business formation and employment figures. Using quarterly data spanning 15 years from 2008 onward, the analysis reveals that while the total funding available through these programs has increased, the number of loans issued has remained relatively stable. During the same period, both business creation and employment levels have shown upward trends.
Recommended Citation
Ashby, Jason and Rodriguez, Arturo
(2026)
"SBA Lending and Enterprise Creation,"
Journal of Business & Entrepreneurship: Vol. 36:
No.
1, Article 1.
Available at:
https://repository.ulm.edu/jbe/vol36/iss1/1