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The Small Business Administration is once again seeking approval for a plan that would allow it to make loans. But the proposal has gained "near unified condemnation from congressional Republicans" and financial services trade groups.
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Isabel Casillas Guzman, administrator of the Small Business Administration, wants the agency to start making direct loans again to small-business borrowers. But the idea has faced stiff opposition.
https://www.americanbanker.com/news/sbas-push-to-revive-an-old-idea?stream=top
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