Indianapolis native Marie Johns named SBA deputy administrator
The U.S. Senate recently confirmed her appointment to the No. 2 job.
SBA
Articles
Small-biz lending on the rise
Federal loan programs that help fund company expansions are seeing more activity from program administrators in Indianapolis.
Obama’s stimulus aims to boost access to small-biz loans
No incentive can make a bad deal bankable. But President Obama’s stimulus measures are spurring some promising small businesses
to begin borrowing again, despite the recession.
SBA loan approvals – November 2009
SBA loan approvals above $100,000 for the Indianapolis area for November 2009
Local SBA lending dropped 17 percent in 2009
Local loans issued through the Small Business Administration’s popular 7(a) guarantee program plunged by an astonishing 64
percent for three of the city’s four largest banks during 2009, while overall lending in the program slipped 17 percent in
the metro area.
Local lenders support small-biz loan initiative
Small business lenders in Indianapolis are supporting a proposal announced by President Obama Wednesday that would increase
the size of government-backed loans.
SBA loan approvals for Indianapolis – September 2009
Small Business Administration loan guarantees for the month of September 2009 for Indianapolis area
WOJTOWICZ: Stimulus is expanding small-biz lending
The economic stimulus package allocated $375 million to the U.S. Small
Business Administration so it could offer more generous terms to small-business borrowers.
Federal stimulus trickles down
There’s a smorgasbord available for small businesses in the federal stimulus package. The trick is figuring out how to get a plate. Plenty of local experts are serving up access to the buffet. And some entrepreneurs are digging in. But others consider the
stimulus warmed-over leftovers.
SBA loan approvals
These businesses have received loans from financial institutions with
a guarantee
from the SBA. Not all funds are disbursed immediately. Furthermore, some approved loans are subsequently canceled.