Signs of economic recovery and a timely plug for the SBDCs

August 11, 2009 at 12:58 pm | Posted in Uncategorized | Leave a comment

According to a recent CNN Money interview with SBA Administrator Karen Gordon Mills, more than 400 banks, that haven’t made an SBA-backed loan since 2007, have now resumed lending after the American Recovery Act was passed in February 2009. Additionally, weekly loan volumes have risen 45% since the stimulus was passed.

Existing businesses, and anyone thinking about starting a business, check out this CNN Money interview which also highlights the role that Small Business Development Centers play in the current recovery.

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