This is an improvement over the last two weeks
This up-tick in loan volume bodes well for the economy.
Wednesday, July 24, 2013
SBA Loans Are Good for the Economy
$302,740,000 in SBA 7(a) loans were approved for the week ending 7/19/2013.
This is an improvement over the last two weeks
R emember, 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.
This is an improvement over the last two weeks
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