The U.S. Small Business Administration (SBA) delivered $56 billion in capital, disaster relief, and bonding to small businesses nationwide in FY24. In Minnesota alone, the SBA supported $849 million in capital, a $50 million increase from FY23. Over 1,800 loans were issued, creating or retaining 19,200 jobs. Key programs included $687 million in 7(a) loans and $159 million in 504 loans.