2020 Annual Report

2020 Annual Report

Resiliency is in our DNA

In 2020, we experienced a global pandemic and racial tensions that shook our way of life and how we conduct business. Our team immediately faced the challenge and served as small business frontliners, because we knew that our work was needed more than ever.

Lifting black, indigenous and people of color (BIPOC) and women to reach financial security and prosperity through entrepreneurship has been in LiftFund’s DNA for over 27 years. We believe that building assets and wealth creates a brighter future and equips a person to break the cycle of poverty.

During 2020, we equipped 4,500 small businesses with $98.2 million in relief funding, including small business loans, forgivable loans, grants, loan payment relief and the SBA’s Paycheck Protection Program (PPP). We also provided business support to more than 6,500 clients.

We invite you to learn more about our impact and join our movement.

OUR 2022 IMPACT

Impact at a Glance

$ 0 M
Small Business Loans
$ 0 M
SBA 504 Loans
$ 0 M
Grant funding
0
Number of Grants
0
Consultation Hours
0
Workshops Hosted

SBA 504 Loans

$ 0
Total Amount
0
Number Of Loans
0
Jobs Created

Client Demographics

Veterans + Veteran Spouses
0%

Business Guidance & Support

Business Support Hours Provided
Individuals Counseled
Events Hosted
Workshop Participants

Top 3 Consultation Subjects

Author picture

File Review

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How to Access Capital

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Other
(about lender,
business planning,
etc.)

Top 5 Industries

Client Business Stage

0 to 5 years
0%
6 to 10 years
0%
10+ years
0%

Financial Documents

We are proud of our LiftFund community for facing the many challenges of 2020 and proving rapid innovative solutions to help small business owners navigate through the pandemic. Thank you to our team members for their commitment and hard work, and to our supporters for believing in us and our clients.