A Small Business Administration loan program is disproportionately benefiting companies in affluent suburbs while bypassing low-income neighborhoods, according to a Chicago-based activist group.

The study by Woodstock Institute examined 340 loans granted under the SBA's 504 certified development company program in 1992-96.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.