SBA Lending Jumps in May

Good news from the SBA this week - could it be? Encouraging information featured in a Crain’s Detroit Business  article indicates that small business lending, specifically SBA 7(a) loans increased in May. Could this mean preliminary signs of credit markets thawing? Perhaps the American Recovery and Reinvestment Act is actually creating a degree of recovery and reinvestment. Only time will tell, but things seem to be looking up for small business lending this month. Read the Crain’s article