What federal stimulus means for small businesses

April 2009
njbiz;4/20/2009, Vol. 22 Issue 16, p21
The article discusses the advantages of the Economic Recovery Act for small businesses in New Jersey. According to Jim Kocsi, New Jersey district director for the Small Business Administration (SBA), efforts are being made to provide federal guarantees to banks that make SBA loans. Under the Act, federal funds will be available to eliminate guarantee fees associated with the closing of an SBA loan.


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