A New Report Card on the SBA’s Loan-Guarantee Programs

A New Report Card on the SBA’s Loan-Guarantee Programs

Photograph by Andrew Olney The Small Business Administration guaranteed $29.6 billion in loans through its two biggest lending programs in the year ended September 2013, the agency said this week. That includes $11.7 billion for the SBA’s 504 program, which is used to finance real estate and other major assets, and $17.9 billion for its […]

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The SBA Names an Interim Replacement for Its Outgoing Chief

The SBA Names an Interim Replacement for Its Outgoing Chief

Photograph by J. Scott Applewhite/AP Images Small Business Administrator Karen Mills addresses the Democratic National Convention in Charlotte on Sept. 5, 2012 The question of who will succeed outgoing Small Business Administration chief Karen Mills hasn’t captivated the chattering classes as would, say, an open office in a more visible Cabinet position. Still, small business […]

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The SBA Names an Interim Replacement for Its Outgoing Chief

The SBA Names an Interim Replacement for Its Outgoing Chief

Photograph by J. Scott Applewhite/AP Images Small Business Administrator Karen Mills addresses the Democratic National Convention in Charlotte on Sept. 5, 2012 The question of who will succeed outgoing Small Business Administration chief Karen Mills hasn’t captivated the chattering classes as would, say, an open office in a more visible Cabinet position. Still, small business […]

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Departing SBA Chief: What’s Next for Small Business

Departing SBA Chief: What’s Next for Small Business

Photograph by Mark Wilson/Getty Images SBA Administrator Mills arrives to testify at a House Small Business Committee hearing (An earlier version of this story wrongly said Mills was the first SBA administrator to join the cabinet. The position was a cabinet-level post during the Clinton administration.) Challenges abound for the next leader of the U.S. […]

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How Did Karen Mills, the Departing SBA Chief, Do?

How Did Karen Mills, the Departing SBA Chief, Do?

Photograph by Andrew Harrer/Bloomberg Karen Mills, departing administrator of the U.S. Small Business Administration, listens during a small business financing forum at the Treasury in Washington in 2009 You already know about the Pope’s resignation. In case you missed the latest member of President Obama’s Cabinet to step down: It’s Karen Mills, the head of […]

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How Did Karen Mills, the Departing SBA Chief, Do?

How Did Karen Mills, the Departing SBA Chief, Do?

Photograph by Andrew Harrer/Bloomberg Karen Mills, departing administrator of the U.S. Small Business Administration, listens during a small business financing forum at the Treasury in Washington in 2009 You already know about the Pope’s resignation. In case you missed the latest member of President Obama’s Cabinet to step down: It’s Karen Mills, the head of […]

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