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Construction has begun on two major Eastern Iowa expansion projects that were approved last month for U.S. Small Business. Tires and Services in Kalona ($650,000). The SBA guaranteed 49 loans for $26.3 million to Iowa.

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The funds, which were reprogrammed by FSA with the approval of Congress, will leverage up to $185 million in additional lending for direct and guaranteed farm operation loans and will allow the agency to address up to 30 percent of its.

PNC Bank agrees to pay $9.5 million to settle claims over small business loans. with loans guaranteed by the U.S. Small Business Administration. The Justice Department said the bank failed to adhere to SBA requirements when it.

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The Department of Agriculture announced guaranteed loans up to $100,000 from USDA approved lenders to purchase farmland or finance ag operations. It’s called EZ Guarantee Loans and uses a simplified application process. USDA.

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In all, the government provided, approved or guaranteed nearly $4.9 billion in loans, and took credit for saving 20,000 jobs. That would put the average cost of saving a job at a quarter million dollars each. Of the 19,000 loans approved.

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1, 2014 and make several improvements to USDA Rural Development’s Single Family Housing Guaranteed Loan Program. reduce paperwork and reduce loan approval times. Additional program improvements are: Lenders may.

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