SBA loans increase

SBA loans increase

Oregon small businesses received a record number of taxpayer-guaranteed loans for the second year in a row.

[The U.S. Small Business Administration] in 2011 guaranteed $391 million in loans in its Portland District, which includes Oregon and part of southwest Washington. That jumped to $428 million in loans last year.

"We're on a record pace again this year," said Robert DuCoth, acting director of the SBA Portland District Office.

Read more at The Mail Tribune.

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