Supporting Community Development

The Solomon Hess SBA Loan Fund and its investors provide much needed liquidity in the community development and small business sectors. The Solomon Hess SBA Loan Fund has invested over $3.5 billion in small business loans since inception. These loans, made to over 5,000 small businesses located in 47 states, have helped to create and/or retain over 85,000 jobs.


Total jobs created/retained
since inception


Total small business loans
invested in since inception

$3.5 billion

Total $ amount invested
since inception


Total jobs created/retained
in current portfolio


Total small business loans
invested in current portfolio

230 | $87 million

Loans to businesses that are minority owned/co-owned in current portfolio

1,150 | $633 million

Loans located in LMI and/or distressed communities in current portfolio

320 | $132 million

Loans to businesses that are woman owned/co-owned in current portfolio

118 | $13 million

Loans originated by mission-driven lenders or CDFIs in current portfolio

23 | $13 million

Loans to businesses that are Veteran-owned/co-owned in current portfolio

All statistics are as of June 30,2024.

Loan Categories are not mutually exclusive, for example a loan can be minority-owned and woman-owned and located in a distressed census tract.

Over 70% of the loans in which the SBA Loan Fund has invested are located in low- and moderate-income communities and all these loans were made to businesses that did not have access to conventional commercial debt. By providing this much needed capital to these under-served small businesses, SBA Loan Fund investors are making a positive difference in neighborhoods nationwide. 

At Solomon Hess we continually strive to achieve excellence in providing investors with targeted, impactful community development investments. We are pleased to share that the SBA Loan Fund became one of the first investment funds to undergo an Impact Management Assessment Certification by Aeris in 2018. This certification provides third-party verification that the Fund’s impact practices are aligned with its stated impact mission. A copy of the assessment is available here.

Loan Profiles

The loans profiled on this website are current or former holdings of the SBA Loan Fund. The loans highlighted may not be the highest performing loans in the Fund, but a sampling of small business loans with an impact story. The loans mentioned do not necessarily represent all of the loans held in the Fund, and investors should not assume that the loans identified and profiled were or will be profitable. A complete list of holdings for the Fund can be provided by contacting Solomon Hess Capital Management.

The Solomon Hess SBA Loan Fund LLC attempts to provide its investors with CRA credit related to their participation in the Fund. Investment decisions are not always exclusively based on the economic characteristics or investment merit of a specific asset. Certain CRA-eligible securities sought by the Fund in specific geographies may not provide as great an economic benefit to the Fund as the same securities located in non-CRA geographies. The Fund may engage in transactions at times for reasons related to CRA considerations that may not be desirable from an investment standpoint. If one, or multiple federal banking regulators, such as the OCC, FDIC, or the Federal Reserve Board, were to deem an investment in the Fund as not qualifying for CRA credit, the impact on Fund investors could be material.