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National Assistive Technology Act Data System

State Data Summary - Financial Loan

All States Included. Fiscal Year: 2025

Financial Loans
Programs Reported 34
States New Loans 26

Financial Loans By Area
Number of Applications Area of Residence Total
Metro
RUCC 1-3		 % Metro Non-Metro
RUCC 4-9		 % Non-Metro N %
Approved Loan made 509 70.99% 208 29.01% 717 61.02%
Approved Not made 76 68.47% 35 31.53% 111 9.45%
Rejected 242 69.74% 105 30.26% 347 29.53%
Total 827 348 1,175 100%

Income
Lowest Income: $2,076 Highest Income: $490,999

Average Income
Sum of Incomes Loans Made Average Annual Income
$46,886,752 717 $65,393

Loans By Income Range
$15,000 or less % $15,001
$30,000		 % $30,001
$45,0000		 % $45,001
$60,000		 % $60,001
$75,000		 % $75,001
or More		 %
Loans
Made		 70 10 124 17 120 17 96 13 78 11 229 32

Loan Type
Type of Loan Number of Loans Percentage of loans
Revolving Loans 503 70.15%
Partnership Loans
Without interest buy-down or loan guarantee 09 1.26%
With interest buy-down only 33 4.6%
With loan guarantee only 80 11.16%
With both interest buy-down and loan guarantee 92 12.83%
Total 717 100%

Partnership Interest Split
Low Interest Preferred Interest
214 00
29.85% 0%

Guaranteed or Buy Down
Guar Buy
Down		 Both Neither
80 33 92 09
11.16% 4.6% 12.83% 1.26%

Dollar Value Of Loan
Type of Loan Number of Loans Dollar Value of Loans % Loans % Dollars
Revolving Loans 503 $6,723,819 70.15% 60.79%
Partnership Loans 214 $4,337,560 29.85% 39.21%
Total 717 $11,061,379 100% 100%

Interest Rates
LOWEST 1%
HIGHEST 17%

Interest SUM Natl Average
2,846 3.97%

Interest Rates Range Table
Interest Rate Number of loans %
0.0% to 2.0% 167 23.29%
2.1% to 4.0% 216 30.13%
4.1% to 6.0% 224 31.24%
6.1% to 8.0% 102 14.23%
8.1% - 10.0% 07 0.98%
10.1%-12.0% 00 0%
12.1%-14.0% 00 0%
14.1% + 01 0.14%
Total 717 100%

Type & Dollar Amounts Of AT
Type of AT # of Devices Financed Device % Dollar Value of Loans Dollar % Ave Loan $
Vision 19 2.13% $40,891 0.37% $2,152
Hearing 380 42.6% $1,325,179 11.98% $3,487
Speech communication 02 0.22% $8,364 0.08% $4,182
Learning, cognition, and developmental 11 1.23% $6,526 0.06% $593
Mobility, seating and positioning 82 9.19% $732,137 6.62% $8,929
Daily living 46 5.16% $240,421 2.17% $5,227
Environmental adaptations 50 5.61% $410,113 3.71% $8,202
Vehicle modification and transportation 265 29.71% $8,230,848 74.41% $31,060
Computers and related 33 3.7% $47,225 0.43% $1,431
Recreation, sports, and leisure 04 0.45% $19,675 0.18% $4,919
Total 892 100% $11,061,379 100% $12,401

Defaults
Number Loans in default 77
Net loss for loans in default $390,156

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This national activity report was generated from 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.