Lending History

We’re proud of our lending history!

UMLF borrowers have proven that great things can be accomplished with a modest loan.  With an average loan size of $15,068, we have made over 910 loans which represents an injection of over $13.6 million into the small business sector of our economy.  This has resulted in the creation/retention of over 1,800 jobs.

Linking Service to Success

 2012-13  2013-14 2014-15   April 1993-Sept 30, 2015
Businesses funded  52  46  36 910
$ Loans approved  $1,253,156  $820,754  $739,543 $13,711,552
Jobs created/retained  327  289  172 1,800
Average loan size $24,099 $17,842 $21,130 $15,068
Individuals served 301 268 230 1,850

 

Over the past five years:

  • Over 61% of our borrowers have been women.
  • Over 26% of borrowers have been minorities.
  • Over 54% of our borrowers have been new start-up businesses.
  • Over 52% of our borrowers have been home-based businesses.
  • Over 70% of our borrowers have been in the low/moderate income population.

 

 

.

Find us on Facebook!