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SBA Asks Lenders to Offer Loan Deferment Relief

Monday, October 20th, saw the US Small Business Administration (SBA) make the following statement regarding its efforts to help small businesses through the current economic crisis:
In response to the financial crisis, the U.S. Small Business Administration today announced it is strongly encouraging its participating 7(a) lenders and Certified Development companies to work with business borrowers to provide them with the flexibility they need to keep their businesses running during these difficult economic times.
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