Obama Wants New Small Business Loan Program

February 6, 2010

Great news for us hardworking entrepreneurs! During his visit to Oasis Mechanical Contractors in Lanham, Md. on Friday, President Barack Obama said he wants to help propel small business growth by utilizing $30 billion from the bank bailout program. These funds will be given to community banks to increase lending to small businesses in order to boost their development and hiring rates.

Via Associated Press

Entry Filed under: Business, Business Finance, General, News. Tags: New Small Business Loan Program, Obama.

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