The average small business loan amount for small businesses in the United States in 2020 was $71,072. This compared to fixed-rate loans, which had an average balance of $66,917 in the same year.
These figures were uncovered by research by small business resource and research provider, AdvisorSmith.
The Average Small Business Loan in 2020 was $71,072
Posted by
lyceum under Raising Capital
From https://smallbiztrends.com 1268 days ago
Made Hot by: JoshRed on June 8, 2021 4:09 pm
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