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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.
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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