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SUMMARY <br /> <br />The following information summarizes the activit~ of the 903 Program during <br />the Third Quarter of FY 82, FY 82 To Date and the total program activity <br />since its ineeotion in FY 81 <br /> <br />THIRD QUARTER FISCAt YEAR 1982 (' APRIL 1 thru JUNE30) <br /> 46 CDCs were certified. <br /> <br /> 60 CDCs have at least one approved 503 loan. <br /> <br /> 24 CDCs have more than one approved 503 loan. <br /> <br /> 503 loans resulted in 5,317 employment opportunities (jobs created and <br /> retained) ~he average SBA investment p~r employment was $4,006. <br /> <br /> 66 % of 503 approvals and 71% of guaranty authority were in the <br /> manufacturing and wholesale/retail industries. <br /> <br /> 65 debentures for $10,390,000 were sold to the Federal Financing Sank. <br /> <br />FISCAL YEAR 1982 TO DATE (October 1 thru June 30) <br /> 105 CDCs were certified. <br /> <br /> 89 CDCs have at least one approved 503 loan. <br /> <br /> 56 CDCs have more than one approved 503 loan. <br /> <br /> 503 loans resulted in 12,359 employment opportunities (jobs created and <br /> retained) The average 58A investment per employment, was $3,981. <br /> <br /> 61% of 503 approvals and 64 % of guaranty authority were in the <br /> manufacturing and wholesale/retail industries. <br /> <br /> 165 debentures for $28,999,D00 were sold to the Federal Financing Sank. <br /> <br />TOTAL ACTIVITY TO DATE (FY 81 to PRESENT) <br /> 239 CDCs were certified. <br /> <br /> 102 CDCs have at least one approved 503 loan. <br /> <br /> 74 COCs have more than one approved 503 loan. <br /> <br /> 503 loans resulted in 19,223 employment opportunities (jobs created and <br /> retained) The average 58A investment per employment was 54,365. <br /> <br /> 64 % of 503 approvals and 68 % of guaranty authority were in the <br /> manufacturing and wholesale/retail industries. <br /> <br /> 200 debentures for $34,205~000 were sold to the Federal Financing Sank. <br /> <br /> <br />