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Is the Small Business Administration Really About Small Business?

Over the past four years, the Small Business Administration approved over $100 million in loans, reports Forbes. Questions are arising whether that money really going to small businesses. Typically, small businesses look for loans that average around $50,000 but according to the SBA’s own data a majority of the loans issued were for more than $355,000.

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Get Small Businesses Disaster Relief Funds Quickly

The chairwoman of the Senate Small Business and Entrepreneurship Committee believes small businesses should receive federal disaster relief funds faster so they can help jump start the recovery, reports USA Today.

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Small Business Remains Frustrated with Washington

According to Businessweek, a recent study conducted by Pepperdine University and Dun and Bradstreet Credibility Corp finds that small business owners remain frustrated with the federal government. In the study, 61% of participants reported that unease about the situation in Washington was preventing them from hiring. Also, over 80% of the companies in the study indicated they would not give their employees a raise to compensate for higher payroll taxes.

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