BIG BANKS THINK SMALL
The SBA's annual analysis of banks lending more than $1 billion to small business found loans under $100,000 to be the fastest-growing segment--up 30%. Other findings: The number of billion-plus lenders rose by 4, to 27; total small-business lending increased 24%, although continuing consolidation in commercial banking, such as Wells Fargo's acquisitions, pumped up the numbers. For a state-by-state look at all lenders, visit www.sba.gov/advo/stats, or call 703 487-4650.
EDITED BY EDITH UPDIKE
Updated June 15, 1997 by bwwebmaster
Copyright 1997, Bloomberg L.P.