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U.S. debaters throw in their two cents. News has re-sparked the debate over whether or not to phase out the U.S. penny. Domestically, we are losing much more by keeping the penny than are our neighbors to the north. A U.S. penny now costs a whopping 2.41 cents to make.
I thoroughly read the above white paper. It was a clear explanation by a more qualified person than most ... with the proper list of references to back up the facts that the author Aaron Klein presented. For the sake of our country & industry ... it is best to read the actual document & pay attention to other accurate presentations ... preferably on a format similar to C-Span in its whole that is presented as is & not spun either way.
SBA 7(a) loan volume is off 53% from last year. So far the SBA has approved $4,721,687,000 in SBA 7(a) loans. Last year at this time, the SBA had approved $9,988,144,000 in SBA 7(a) loans. Many people attribute the drop to the reduction in the percent of guarantee from 90 now down to 75. With lenders assuming a greater share of the risk of the loan, they have become a little more selective. Borrowers now need to figure out which lender is out there still willing to do their loan for portable storage containers. There are many lenders still out there doing SBA loans.