TABLE 3 - State Assistive Technology Loan Programs - Loan Activity
STATE |
AVERAGE NO. OF APPLICATIONS RECV'D PER YEAR |
AVERAGE NO. OF APPLICATIONS APRV'D PER YEAR |
AVERAGE % OF LOANS APPRV'D PER YEAR |
TOTAL LOAN ACTIVITY SINCE INCEPTION |
TOTAL DOLLAR AMOUNT IN OUTSTAND LOANS |
TOTAL LOANS APPROVED SINCE INCEPTION |
TOTAL NO. OF OUTSTANDING LOANS |
TOTAL LOANS DEFAULTED AND DEFAULT RATE |
Alabama |
19 |
12 |
63% |
$120,000 |
$80,000 thru 12/98 |
32 |
25 |
0 |
Alaska |
6 |
6 |
100% |
$60,000 |
$52,500 |
6 |
6 |
0 |
Arkansas |
20 |
10 |
50% |
$53,177 |
$44,353 |
19 |
17 |
0 |
California |
10 |
8 |
85% |
$534,000 |
$41,137 |
65 |
9 |
12 |
Connecticut |
120 |
75 |
63% |
$1,000,000+ |
$487,250 |
118 |
86 |
3 |
Hawaii |
15 to 20 |
3 to 4 |
20% |
No Data |
$100,000 |
No Data |
15 |
0 |
Idaho |
40 |
21 |
53% |
$330,000 |
$100,000 |
96 |
55 |
4 |
Iowa |
No Data |
No Data |
No Data |
$12,265 |
$12,265 |
4 |
4 |
0 |
Illinois |
50 |
No Data |
No Data |
No Data |
$350,000 |
No Data |
No Data |
No Data |
Kansas |
No Data |
No Data |
No Data |
No Data |
No Data |
No Data |
No Data |
No Data |
Kentucky |
No Data |
No Data |
No Data |
No Data |
No Data |
No Data |
No Data |
No Data |
Maine |
135 |
130 |
96% |
$8,697,340 |
$5,568,680 |
931 |
408 |
25 |
Maryland |
15 |
10 |
67% |
No Data |
$106,000 of a total loan base of $500,000 |
No Data |
15 |
0 |
Minnesota |
No Data |
No Data |
No Data |
No Data |
No Data |
No Data |
No Data |
No Data |
Missouri |
36 |
No Data |
No Data |
No Data |
No Data |
No Data |
No Data |
0 |
Montana |
No Data |
1 |
No Data |
5000 |
No Data |
1 |
No Data |
0 |
Nevada |
35 |
18 |
51% |
No Data |
$151,693 |
No Data |
43 |
0 |
New Hampshire |
50 |
40 |
80% |
$270,845 |
$115,143 |
82 |
57 |
0 |
New Jersey |
No Data |
No Data |
No Data |
No Data |
No Data |
No Data |
No Data |
No Data |
New Mexico |
16 |
4 |
25% |
$11,907 |
No Data |
4 |
4 |
0 |
New York |
No Data |
No Data |
No Data |
No Data |
No Data |
No Data |
No Data |
No Data |
North Carolina |
55 |
25 |
45% |
$484,000 |
$353,000 |
120 |
91 |
8 |
North Dakota |
5 |
2 |
40% |
$7,402 |
$6,333 |
2 |
2 |
0 |
Ohio |
66 |
33 |
50% |
$131,000 |
$191,240 |
123 |
54 |
1 |
Oklahoma |
0 |
0 |
0% |
$25,203 |
$10,000 |
5 |
3 |
2 |
Pennsylvania |
40 for first six months that program in operation |
13 for first six months that program in operation |
33% |
$83,560 through April 30, 1999 |
$78,830 (report from First Union dated 2/28/99) |
13 |
13 |
0 |
South Dakota |
15 |
12 |
80% |
$122,000 |
$89,000 |
35 |
22 |
0 |
Utah |
20 |
15 |
75% |
$398,403 |
bank does not provide information and program not requesting |
90 |
bank does not provide information and program not requesting |
4 |
Vermont |
50 |
35 |
70% |
$1,500,000 |
$280,000 |
300 |
54 |
1.5% |
Virginia |
75 |
30 |
40% |
$417,000 |
$200,000 |
70 |
67 |
0 |
West Virginia |
0 |
0 |
0% |
No Data |
$0 |
No Data |
0 |
0 |