The Augusta Chronicle

Small Business Lending at an All-Time High in Georgia


AUGUSTA, GA (May 7, 2018) excerpt via THE AUGUSTA CHRONICLE - Small business lending is at an all-time high in Georgia, according to a report by the Georgia Small Business Administration.

The SBA reported that $1.41 billion was loaned to small businesses in Georgia in 2017. The state has nearly one million small businesses, which account for 44% of private sector jobs.
“The lending environment is much better than it was 10 years ago,” Drew Tonsmeire of the Small Business Development Center at Kennesaw State University told The Augusta Chronicle.

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