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Senate Small Business Committee Chair Olympia Snowe (RME) has introduced legislation to increase the size of loans.(Washington Insider)

Senate Small Business Committee Chair Olympia Snowe (R ME) has introduced legislation to increase the size of loans available through the SBA's flagship 7(a) program.

The bill would raise the maximum size of loans from $2 million to $3 million. Snowe said the increase is needed because of rising real estate and equipment ...

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