Orange County Small Business Lending Way Up

Loans to small businesses in Orange County are up 172% over last year, according to the SBA office in Santa Ana.

“I’ve been at the SBA since 1988 and I’ve never seen an increase this big”, said Rachel Baranick to the Orange County Business Journal.

She added, “I think we’re definitely into recovery.”

SBA lending for the first three months of 2010 totalled $80.7 million.

Great news for all of us in Orange County.

Now the question is…

What’s everybody going to do with this opportunity?

5 Replies to “Orange County Small Business Lending Way Up”

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  4. Its great to know that small business are considered quite seriously. They really need these type of helps/loans to compete with big businesses with huge investments.

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