Small Business Administration lending is up 6.9 percent nationwide, but it’s down 5.2 percent in the Kansas City District Office compared with the pace set during the previous fiscal year.
The SBA approved 658 loans worth $243.66 million in the district from Oct. 1 through June 30, down from 677 loans and $256.96 million in the same period during the previous fiscal year.
The SBA said the local downward trend isn’t likely to last. The economy is improving, and local banks tend to file a lot…
Small Business Administration lending is up 6.9 percent nationwide, but it’s down 5.2 percent in the Kansas City District Office compared with the pace set during the previous fiscal year.
The SBA approved 658 loans worth $243.66 million in the district from Oct. 1 through June 30, down from 677 loans and $256.96 million in the same period during the previous fiscal year.
The SBA said the local downward trend isn’t likely to last. The economy is improving, and local banks tend to file a lot…