S.B.A. Lending Plummets in June

July 12, 2010
Rob Mandelbaum, of the New York Times, reports that the S.B.A.’s guaranteed loan program was down two-thirds in June and the S.B.A. endured its worst months in years.

Once again, Congress does not grasp the urgency facing small business owners who are unable to obtain credit. The SBAC is not a partisan group. Call your Senators, whether they are Democrats or Republicans, and tell them to pass a bill that restores SBA lending.

To read the complete article go to: S.B.A. Lending Plunged in June