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ECONOMIC IMPACT

2024 IMPACT

15574

Businesses served by
BBIC since 1987

1.23

Total direct loan$ disbursed since program commenced in 2022

521

BUSINESSES SERVED

# of businesses benefiting from one-on-one counseling, technical support, and/or training 2024

473

DIRECT LOAN$

Direct loans disbursed by the BBIC to 8 black businesses

2.8

LOAN$ GUARANTEED

amount of loans guaranteed by the BBIC in 2024

24

JOBS

Jobs created through lending and technical assistance services in 2024

380

Total Jobs

Total jobs created or retained by BBIC since 1987

40.8

LOTAL LOAN$

Total loan$ guaranteed by BBIC since 1987


4

New business startups as a result of funding or technical assistance

ANNUAL REPORTS