| Helping Missouri small business owners reach their dreams [Columbia Missourian] |
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| Wednesday, July 28 2010 04:30 |
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On July 30, 1953, the Small Business Administration was founded and has since helped millions of American small business owners find the loans and information they need to be successful. Today, the SBA estimates there are more than 100,000 small businesses in Missouri with fewer than 20 employees. These are the mom and pop shops, such as hardware stores, pharmacies and restaurants, we visit every day. These small business owners and the jobs they create – 75 percent of the jobs created during an economic recovery – are one of the focuses of my administration and the low-interest loans we provide through the Missouri Linked Deposit Program. Providing access to low-cost capital is one of the best ways we can help this economic recovery continue. Through the Missouri Linked Deposit Program my administration offers exactly that – loans that generally cost borrowers 30 percent less than a standard loan. Additionally, as we celebrate the SBA, we look to continue to combine programs for even more value. Story in Columbia Missourian |
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