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You are here: Home / News / Bigger small business loans now available

Bigger small business loans now available

December 29, 2010 By Jessica Machetta

The state development finance board is doubling the size of loans it make to small businesses. The board hopes the move will encourage more small business development. Until now, loans had been limited to $25,000. About four dozen borrowers have been served. But the board has used up only about half of its funds.

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