This report card provides data for the best and the worst banks of 2008 in Small Business Administration (SBA) lending to minority-owned small businesses. The number of SBA loans has decreased by 30.3% nationally, including a 39.3% decline in California, due chiefly to the contraction in available credit across the economy. However, the SBA’s inability to maintain the competitiveness of its loan products compared to proprietary bank loans may have also contributed to the decline in SBA lending. Nonetheless, the SBA shows promise for improvement under the Obama Administration.