SBA backed $11.6 million in loans in January
Tuesday, February 11, 2014 3:33 PM
The U.S. Small Business Administration backed 29 loans totaling $11.63 million to Iowa businesses from participating lenders in January, the SBA's Des Moines office said today in a release. The loan guarantees through the SBA's 7(a) AND 504 programs provided capital for 12 new and 17 existing businesses, resulting in 114 new jobs and the retention of 136 existing jobs, the SBA said. A complete listing of January loan approvals can be found here.