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The Small Business Administration says that in the first week of the program, which kicked off last Monday, lenders approved 72 loans totaling $2.4 million. by banks and other lenders and are 100%.
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“SBA underwriters approved $100 million in business loans brokered by Jade. Taxpayers, through the SBA, guaranteed 75 to 90 percent of each loan, leaving the lenders on the hook for the rest,
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