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Over the past few years, fewer banks have been processing Small Business Administration loans. But since small businesses account for much of country's economic growth, the SBA has created a program to spark new interest in its loans. Scot Hardin is with the Small Business Administration office in Columbus.
Hardin says the new program is limited to loans of $350,000 or less. The SBA is promising to process applications in three to five days for routine loans. |