$700M In Obama Budget For Small Biz

The proposed $700 million earmarked in the 2010 budget for the Small Business Association (SBA) could be enough to back about $28 billion in loans to small business owners, reports CNNMoney.

Critics warn that this is not going to be an overnight savior for small businesses or the SBA, however.

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CNNMoney: $700M For Small Businesses In Obama’s Budget