President Announces Support from Treasury for Smaller Community Lenders Committed to Increasing Lending to Small Businesses
WASHINGTON ‘ The U.S. Small Business Administration has issued the following statement by SBA Administrator Karen Mills on President Barack Obama’s proposal to raise the maximum loan size for SBA-backed loans to small business:
“Nine months ago, President Obama sent small businesses a life line: the American Recovery and Reinvestment Act. Since then, the SBA has supported more than 33,000 loans for a total of almost $13 billion in small business lending. (Manufacturing & Technology eJournal | October 21, 2009)
Filed under: Business Development, Business Environment, Funding, Good News, Northern Kentucky, loans, small business
