Sharp Drop Seen in Sba Backed Loans

Summary


If the Connecticut 7(a) figures show that small-business owners and banks are still expanding, nationally bankers are more pessimistic: 7(a) loan dollar amounts dipped slightly for fiscal 2007, and loans issued increased to a record number, possibly a telltale of greater pessimism nationally among bankers.

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Sharp Drop Seen in Sba Backed Loans

Commercial loans in Connecticut backed by the U.S. Small Business Administration's two primary programs dropped sharply in the 2007 fiscal year,...

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