Tuesday, April 8, 2014

SBA Loans Are Good for the Economy

SBA 7(a) loan approvals totaled $383,299,000 for the week ending April 4th.

While slightly off from last week's pace, it is still robust compared to earlier in the year.

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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