Wednesday, February 22, 2012

SBA 7(a) Weekly Lending Update

More and more businesses are turning to the SBA 7(a) loan program as $322,060,000 in SBA 7(a) loans were approved for the week ending February 17th.   SBA 7(a) volume has been somewhat lackluster and last week's number is a jump in approvals.

So far this year SBA has approved $5,043,747,000 in SBA 7(a) loans.

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