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SBA loans surpass $27.5 billion, fueling small business growth By Investing.com – Canada Boosts

All through fiscal yr 2023 ending September thirtieth, the Small Enterprise Administration (SBA) and its accredited lenders have been instrumental in driving the expansion of small companies in the US. The SBA 7(a) mortgage program, identified for its general-purpose loans, noticed over 57,000 loans accredited, totaling $27.5 billion. Notably, startups obtained a major enhance with…

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