Monday, March 31, 2014

SBA Loans Are Good for the Economy

SBA 7(a) loan volume continues to improve as $381,129,000 in SBA 7(a) loans were approved for the week ending March 21st.  

This is better than last week which so far had been the best week of the new year.

The positive impacts of these new loans will ripple through the economy as the correlation coefficient between SBA 7(a) loan volume and the economy's gross domestic product is a statistically significant 0.86.

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