SBA offering higher loan amounts

The Small Business Administration this month began offering bigger loans.
The larger amounts are possible because of the passage of the Small Business Jobs Act. The maximum amount for some loans has increased from $2 million to $5 million.
The microloan limits have also been increased from $35,000 to $50,000.
For more specific details about the changes visit:
www.sba.gov/idc/groups/public/documents/sba_homepage/news_release_10-59.pdf

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