SBA 7(a) loan approvals totaled $362,297,000
for the week ending June 14th.
This is a nice little jump from the prior week
when SBA approved $300,328,000 in SBA 7(a) loans.
SBA 7(a) loan volume is a leading economic
indicator as the correlation coefficient between SBA 7(a) loan volume and GDP
is a statistically significant 0.86.
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