Snap-O Fact #11

Post date: Dec 17, 2011 12:2:29 PM

Snap-O Fact #11

The Obama Administration Expanded loan programs for small businesses.The Obama Administration has expanded "the Small Business Administration's loan and micro-loan programs which provide start-up and long-term financing that small firms cannot receive through normal channels.">> More From Politifact.com

Sources:

 "Barack Obama and Joe Biden's Plan for Small Business"

White House Web site, President Obama and Secretary Geithner Announce Plans to Unlock Credit for Small Businesses , March 16, 2009

American Banker, SBA loan market has a stimulus of its own (subscription required), March 17, 2009

Washington Post, Small business lending gets a boost , March 17, 2009