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Agency Unknown (325)
Measure Name Public and private capital investment by businesses receiving loans from the Virginia Small Business Financing Authority
Measure Last Modified
Measure Last Published
Status
Active
Data Source and Calculation
<p>Data is collected from financing program applications supplied by customers and banking partners and verified at the time of loan closing.</p>
Enterprise Priorities and Strategies
Initiative Priority Strategy
Associated Service Areas
Service Area Code Service Area Name
Targets and Baselines
Name Date Result Note
Baseline None None
Short Target 2025 None None
Long Target 2027 None None
Results
Year Result Note
2000 40200000.00000 Decline is reflective of economic recession, the tightening of credit to the private sector and the resulting decrease in the number, size, and scope of projects and loan requests.
2001 20100000.00000 Decline is reflective of economic recession, the tightening of credit to the private sector and the resulting decrease in the number, size, and scope of projects and loan requests.
2002 26100000.00000 Decline is reflective of economic recession, the tightening of credit to the private sector and the resulting decrease in the number, size, and scope of projects and loan requests.
2003 61600000.00000 Decline is reflective of economic recession, the tightening of credit to the private sector and the resulting decrease in the number, size, and scope of projects and loan requests.
2004 52100000.00000 Decline is reflective of economic recession, the tightening of credit to the private sector and the resulting decrease in the number, size, and scope of projects and loan requests.
2005 70800000.00000 Decline is reflective of economic recession, the tightening of credit to the private sector and the resulting decrease in the number, size, and scope of projects and loan requests.
2006 51800000.00000 Decline is reflective of economic recession, the tightening of credit to the private sector and the resulting decrease in the number, size, and scope of projects and loan requests.
2007 246819000.00000 Decline is reflective of economic recession, the tightening of credit to the private sector and the resulting decrease in the number, size, and scope of projects and loan requests.
2008 35225136.00000 Decline is reflective of economic recession, the tightening of credit to the private sector and the resulting decrease in the number, size, and scope of projects and loan requests.
2009 16056855.00000 Decline is reflective of economic recession, the tightening of credit to the private sector and the resulting decrease in the number, size, and scope of projects and loan requests.
2010 56039838.00000 Decline is reflective of economic recession, the tightening of credit to the private sector and the resulting decrease in the number, size, and scope of projects and loan requests.
2011 15920562.00000 Decline is reflective of economic recession, the tightening of credit to the private sector and the resulting decrease in the number, size, and scope of projects and loan requests.
2012 30503075.00000 None
2013 64790663.00000 Capital investment by companies receiving loans by the Virginia Small Business Financing Authority doubled in FY13. There was an increase in usage of the micro-loan program and advertising paid off. The State Small Business Credit Initiative (SSBCI) programs caught on with banks and it increased lending by the Virginia Small Business Financing Authority.
2014 0.00000 None
Measure ID 32553423.001.004
Measure Class Agency Key
Measure Type Outcome
Year Type State FY
Preferred Trend Increase
Frequency Annually
Statistical Unit Dollars
sp134 Performance Measure - 06-07-2025 07:58:37