TITLE

SBA borrowing decreases as fees return

AUTHOR(S)
O'REILEY, TIM
PUB. DATE
September 2010
SOURCE
Las Vegas Business Press (10712186);9/6/2010, Vol. 27 Issue 36, pP14
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article provides information about the decrease in Nevada's borrowing demand, after the expiration of Small Business Administration (SBA) loan incentives at the end of May 2010. It is mentioned that the federal stimulus law enacted in 2009 has provisions that temporarily ceased application fees for SBA loans. It is also stated that since the reinstatement of the fees in June 1, 2010, the number of loans in Nevada decreased by one-third compared with its number on the same period in 2009.
ACCESSION #
53771128

 

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