Thursday, December 12, 2013

SBA Loans Are Good For the Economy

Merry Christmas!

SBA 7(a) loan approvals totaled $394,464,000 for the week ending December 6th.

The week prior to the Thanksgiving break had $410,795,000 in SBA 7(a) loan approvals.

This is a very strong, robust pace and bodes well for the economy.

Don't forget that the correlation coefficient between SBA 7(a) loan approvals and our Gross Domestic Product is a statistically significant 0.86!

1 comment:

  1. SBA loans means Small business administration loans. These loans are getting popularity fast.SBA Mortgage