The Small Business Administration (SBA) exists for the benefit of helping small businesses in a number of capacities. For one, it serves as a guarantor of loans for small business. In other words, small businesses apply for loans through financial institutions and the SBA guarantees those loans in order to make approval more likely.
Small Business Administration Loan Programs Read More »
Regular readers of this column know that The Agenda has followed closely the progress of the America’s Recovery Capital program, the business stabilization loan program created by the stimulus bill and carried out by the Small Business Administration.
While portfolio performance played a significant role in the award, the institution’s continued support of small business, especially in underserved communities during challenging economic times was also a major factor.
Peoples Bank takes home national SBA award Read More »
