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Posted October 17. 2017 2:56PM

Feds trumpet lending increase in New Hampshire

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There were 518 7(a) loans in 2017, an increase of less than 1 percent over 2016, with a 4.5 percent in increase in dollar volume. Under the 504 program there were 117 loans, 38 percent increase, and the total dollar amount lent rose by 26.5 percent. All told, the SBA lent $124 million to New Hampshire small businesses in the 2017 fiscal year.