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SBA-Backed Loans Bounce Back 31%

In what may be a sign of a recovering economy, a report suggests that loans backed by the Federal Small Business Administration are bouncing back in North Texas. The SBA’s Dallas-Fort Worth office, which administers applications from 72  counties, says it guaranteed loans worth thirty-one percent more in the most recent fiscal year compared with the year before. Nationwide, the increase was about twenty-nine percent.