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Monday, June 7, 2010

Continued Support for Small Businesses’ Recovery Loan Programs

On May 26, 2010, the Small Business Administration released a news release stating their push for longer term funding for small businesses. Based on the information presented, it showed that the SBA had increased their guarantee support but that the $375 million set aside through the American Reinvestment and Recovery Act (ARRA)to fund small businesses had been exhausted by November, 2009.

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