CRF in the news

May 13, 2014

CRF closes its 100th SBA 7(a) loan

Thanks to your support, CRF has closed its 100th SBA 7(a) loan, providing a little more than $64 million in capital to small businesses across the country. While the number marks a tremendous accomplishment for CRF, I am even more proud of the impact that has been achieved through these loans:

  • 2,501 jobs created and retained

  • 37 businesses located in low-income communities

  • 23 businesses owned by minorities

  • 9 businesses 100% owned by women (37 at least 50% owned by women)

  • 16 businesses owned by immigrants

Thanks to all of you who are on this journey with us. We couldn't do it without you!

Frank Altman
President and CEO

Posted by: CRFUSA


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