Tag Archives: Small Business Jobs Act of 2010

Small business gets $970M from SBA

It’s been a good week for small businesses. A backlog of Small Business Administration loans received final approval on Monday, clearing the way for nearly $970 million to flow where it’s needed.

Approvals were completed for 1,939 loans, SBA Administrator Karen Mills said in a press release. Some businesses had been waiting on the money for months while Congress dithered over the Small Business Jobs Act of 2010.

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