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SBA Doubles Small Business Loan Limits | Salt Lake City News
Small businesses are getting a major financial boost as the U.S. Small Business Administration doubles its loan limits to $10 million starting July 4th — the largest financing package ever offered. With rising costs squeezing operations, this move aims to empower manufacturers and job creators by giving them flexible access to capital for equipment, facilities, and hiring. Businesses can now combine up to $5 million from the 7(a) program with another $5 million from the 504 program, helping industries like construction and food production invest in American workers and rebuild domestic…
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