Small Business loans in the Portland area increased in the first quarter of the fiscal year, according to the U.S. Small Business Administration.
The Portland district office guaranteed nearly $124 million in loans during the period that began with the Oct. 1 start of the federal fiscal year. The amount was a 46 percent increase over the same period the year before.
The district approved 216 loans in the first quarter, a 5 percent increase over a year ago.
Read more at OregonLive.com.