Veteran SBA Loan Program in Danger
According to the Washington Post, the 2007 Patriot Express loan program, started by the Small Business Administration in order to spur entrepreneurship for veterans, is reporting large defaults. Currently, program defaults have cost taxpayers over $31 million dollars. The default rate of Patriot Express loans surpasses those of any other SBA program.
Scott Koegler
Scott Koegler is Executive Editor for PMG360. He is a technology writer and editor with 20+ years experience delivering high value content to readers and publishers.
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