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Survey & Reports

The Small Business Credit Survey is a national sample of small businesses, or firms with fewer than 500 employees, aimed at providing insight into firms' financing and debt needs and experiences. Analysis of this dataset is issued through a series of reports.

2021
  • Date Published
  • Report
  • Data Appendix
  • Questionnaire
2021 Report on Firms Owned by People of Color Firms of color were more likely to experience financial and operational challenges stemming from the pandemic. These challenges are particularly salient given the important role business ownership plays in wealth building and employ­ment in communities of color.   Apr 15, 2021
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Report on Employer Firms Small businesses continue to face significant challenges amid the COVID-19 pandemic, including weak demand, heightened expenses, and limited credit availability. Nearly one-third of firms say they’re unlikely to survive without additional government aid until sales recover.   Feb 3, 2021
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2020
  • Date Published
  • Report
  • Data Appendix
  • Questionnaire
COVID Brief Counties with the highest density of COVID-19 cases are also areas with the highest concentration of Black businesses and networks. Our analysis shows stark PPP coverage gaps in these hardest hit communities.   Aug 4, 2020
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COVID Brief We examine how firms are likely to weather the impacts of COVID-19 by unpacking small firms’ financial resiliency. Most firms would need to take significant cost-cutting measures or borrow if faced with sustained revenue loss.   Apr 7, 2020
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2020 Report on Employer Firms Small businesses reported stronger revenue and employment growth and continued levels of credit demand, with more firms applying to online lenders for financing.   Apr 7, 2020
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2019
  • Date Published
  • Report
  • Data Appendix
  • Questionnaire
Click Submit 2.0 Though they represent a small share of total small-business lending, nonbank online lenders are a growing source of small-dollar credit for small businesses.   Dec 18, 2019
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2019 Report on Employer Firms Many minority-owned small businesses faced financial challenges and lagged in key performance indicators for profitability, revenue growth, and employee growth.   Dec 13, 2019
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2019 Report on Employer Firms Despite being a key income source for their owners, nonemployer firms face acute profitability and financing challenges.   Aug 14, 2019
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2019 Report on Employer Firms Small businesses reported stronger revenue and employment growth and continued levels of credit demand, with more firms applying to online lenders for financing.   Apr 16, 2019
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2018
  • Date Published
  • Report
  • Data Appendix
  • Questionnaire
Report on Nonemployer Firms Nonemployer firms make up 81% of all U.S. small businesses, generating $1.2 trillion in annual sales. But are they succeeding financially?   Dec 12, 2018
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Report on Employer Firms Heading into 2018, small businesses with employees reported stronger revenue growth and profitability, but some segments of firms continued to face financial challenges.   May 22, 2018
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Report on Disaster-Affected Firms Forty percent of firms in FEMA-designated disaster areas reported losses from recent storms. We examine which firms were hit hardest and how heavily they depend on aid and credit to get back in business.   APR 17, 2018
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How Do Firms Respond to Hiring Difficulties? Two-thirds of small businesses report hiring challenges. We look at the different difficulties they face and how they solve for them.   MAR 22, 2018
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2017
  • Date Published
  • Report
  • Data Appendix
  • Questionnaire
Report on Rural Employer Firms How do rural small businesses compare with their urban counterparts?   DEC 22, 2017
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Report on Women-Owned Firms Is there a gender gap between small businesses owned by women and those owned by men?   NOV 30, 2017
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Report on Microbusinesses Microbusinesses, or nonemployers and small businesses with four or fewer employees, account for about 9 in 10 U.S. firms.   NOV 29, 2017
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Report on Minority-Owned Firms Minority-owned small businesses face more financial challenges and funding gaps than nonminority firms.   NOV 9, 2017
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Report on Startup Firms Startups, or small businesses that were five-years-old or younger in 2016 with full- or part-time employees, reported stronger growth and more optimism than mature firms, but have greater credit risk and experience more financial challenges.   AUG 8, 2017
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Report on Employer Firms While many small businesses with employees were profitable and optimistic in 2016, a significant majority faced financial challenges, experienced funding gaps and relied on personal finances.   APR 11, 2017
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