Title page
Contents
Summary 2
Introduction 4
Challenges and Considerations Promulgating the Final Rule 5
Summary of the Section 1071 Final Rule 7
Selected Data Collection Issues Under Section 1071 11
Banks: Data Reporting Under the Community Reinvestment Act 12
Credit Unions: Definition of Member Business Loans 13
Non-Depository CDFIs: Reporting of Business Lending Data 14
Agricultural Lending: Data Collection Issues 15
Socially Disadvantaged Farmers and Ranchers (SDFR) 16
Young, Beginning, and Small (YBS) Farmers and Ranchers 17
Reporting of SBA Lending Activities Under Section 1071 18
SBA's Experience Collecting Demographic Data 19
Demographic Data Categories and Definitions 19
Percentages of Unanswered Responses 21
Other SBA Demographic Data Issues 24
Conclusion 26
Author Information 26
Acknowledgments 26
Disclaimer 26
Table 1. Comparison of Demographic Groups Used in SBA Program Data, FY2022 21
Figure 1. Business Owner Demographic Information Collection for 7(a) Borrowers 19
Figure 2. Share of SBA Loan Borrowers Who Did Not Provide Race Data, FY2012-FY2023 23