Thursday, June 23, 2011

SBA 7(a) Weekly Lending Update

$265,643,000 in SBA 7(a) loans were approved last week.

That brings the year to date total to $14,963,608,000. 

SBA 7(a) loans can be used for real estate purchase or refinance, business debt refinance, equipment purchase, business acquisitions and working capital.

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