Q&a: What Happened To Government's Small Business Loans?

The fact that the limit was reached so early is a positive sign for the economy — business owners are willing to take on risks including debt after hunkering down during the recession and its aftermath. What they can't do is approve loans — they'll be putting the applications into a queue, and when lending authority is restored, approvals will resume, SBA Associate Administrator Ben Chang said. A.

 

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