National Assistive Technology Act Data System

State Data Summary - Financial Loan

All States Included. Fiscal Year: 2018

Financial Loans

Programs Reported

States New Loans

Financial Loans By Area
Number of Applications	Area of Residence				Total
Number of Applications	Metro RUCC 1-3	% Metro	Non-Metro RUCC 4-9	% Non-Metro	N	%
Approved Loan made	722	79.52%	186	20.48%	908	68.89%
Approved Not made	98	85.96%	16	14.04%	114	8.65%
Rejected	239	80.74%	57	19.26%	296	22.46%
Total	1,059		259		1,318	100%

Income
Lowest Income:	$2,200	Highest Income:	$315,000

Average Income
Sum of Incomes	Loans Made	Average Annual Income
$39,547,970	908	$43,555

Loans By Income Range
	$15K	%	$15K $20K	%	$15K $20K	%	$25K $30K	%	$30K $35K	%	$35,001 or More	%
Loans Made	226	25	225	25	137	15	103	11	72	08	145	16

Loan Type
Type of Loan	Number of Loans	Percentage of loans
Revolving Loans	571	62.89%
Partnership Loans
Without interest buy-down or loan guarantee	27	2.97%
With interest buy-down only	52	5.73%
With loan guarantee only	142	15.64%
With both interest buy-down and loan guarantee	116	12.78%
Total	908	100%

Partnership Interest Split
Low Interest	Preferred Interest
337	00
37.11%	0%

Guaranteed or Buy Down
Guar	Buy Down	Both	Neither
142	52	116	27
15.64%	5.73%	12.78%	2.97%

Dollar Value Of Loan
Type of Loan	Number of Loans	Dollar Value of Loans	% Loans	% Dollars
Revolving Loans	571	$3,114,057	62.89%	39.58%
Partnership Loans	337	$4,753,366	37.11%	60.42%
Total	908	$7,867,423	100%	100%

Interest Rates
LOWEST	1%
HIEST	14%

Interest SUM	Natl Average
3,528	3.89%

Interest Rates Range Table
Interest Rate	Number of loans	%
0.0% to 2.0%	99	10.9%
2.1% to 4.0%	381	41.96%
4.1% to 6.0%	401	44.16%
6.1% to 8.0%	05	0.55%
8.1% - 10.0%	12	1.32%
10.1%-12.0%	01	0.11%
12.1%-14.0%	08	0.88%
14.1% +	01	0.11%
Total	908	100%

Type & Dollar Amounts Of AT
Type of AT	# of Devices Financed	Device %	Dollar Value of Loans	Dollar %	Ave Loan $
Vision	27	2.89%	$72,494	0.92%	$2,685
Hearing	334	35.8%	$1,181,630	15.02%	$3,538
Speech communication	00	0%	$00	0%	$00
Learning, cognition, and developmental	10	1.07%	$4,753	0.06%	$475
Mobility, seating and positioning	85	9.11%	$315,332	4.01%	$3,710
Daily living	69	7.4%	$168,755	2.14%	$2,446
Environmental adaptations	38	4.07%	$263,562	3.35%	$6,936
Vehicle modification and transportation	281	30.12%	$5,774,805	73.4%	$20,551
Computers and related	83	8.9%	$53,367	0.68%	$643
Recreation, sports, and leisure	06	0.64%	$32,725	0.42%	$5,454
Total	933	100%	$7,867,423	100%	$8,432

Defaults
Number Loans in default	155
Net loss for loans in default	$398,968

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This national activity report was generated from FY17 State AT Program Annual Progress Report data from the National Assistive Technology Act Data System (NATADS). NATADS was developed with partial support from the Center for Assistive Technology Act Data Assistance.

Association of Assistive Technology Act Programs . Saved: Fri Mar 15 2019 08:19:16 GMT-0500 (Central Daylight Time)