WASHINGTON- President Barack Obama signed on March 26 legislation extending through April the U.S. Small Business Administration’s ability to provide enhancements in its two largest small business loan programs. The enhancements, first made available under the American Recovery and Reinvestment Act, include a higher guarantee on some SBA-backed loans and fee relief. The SBA estimates the $40 million extension will support about $1.4 billion in small business lending.
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[...] first made available under the American Recovery and Reinvestment Act in February 2009 and extended in March 2010, include a higher guarantee on some SBA backed loans and small business fee relief. [...]
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