U.S. Virgin Islands

Since 2011, U.S. Virgin Islands has supported 36 loans and investments that generated $19 million in total new financing and created or retained 506 jobs1.

The map below shows the approximate location of loans and investments as reported in the state’s2 Annual Reports to Treasury. The pins shown indicate one or more loans or investments within the zip code. Click pins for more details. The table below the map shows all reported transactions as of December 31, 2016.

1 Jobs Created include the number of new Full-Time Equivalent (FTE) jobs expected to be created as a direct result of the loan; according to the business owner, these jobs will materialize within two years from the date of the loan closing. Jobs Retained is the number of FTE jobs retained as a direct result of the loan that were at risk of loss. These numbers may duplicate job estimates for any loans reported under federal programs such as the SBA CDC/504 Loan Program. Treasury did not verify or audit these estimates.

2 Treasury approved applications from 47 states, the District of Columbia, five territories, and municipalities in three states (collectively referred to as “states”)

3 States were approved to use SSBCI funds to support loans and investments to small businesses within the state or outside its geographic borders if the state had determined that the loan or investment would result in significant economic benefit to the state.