Kansas City Small Biz Borrows Big Time!!!
Looks like a lot of locals are putting their hope for change in the economy . . .
SBA-backed loans in the Kansas City area reached $113 million from October to January, up 33 percent from the same period a year ago.
The Fed Sequester could kill all of this so-called progress . . . Or maybe somebody might realize that the current rally is once again bought and paid for by some of the same people who caused the crash. We'll see . . .
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4 Comments:
This is a good sign Tony. It provides credit and capital which fosters hiring which provides consumer demand for products and services.
Maybe Cleaver needs to PAY UP.
How many of those loans were made to "insiders"?
If Cleaver would pay back his SBA loan, another actually deserving business could borrow the money.
Pay Up Reverend Deadbeat!
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