SBA lending slips as stimulus cash dries up

[mEDITate-OR

be penny wise and pound foolish...

The SBA is currently running a waiting list, the Recovery Act Queue, for borrowers interested in getting a loan under the enhanced loan conditions should money become available again. The queue currently has 419 borrowers in line, requesting more than $123 million in funding

So..., give U.S. one (1) good, let alone very good, reason why this money is not appropriated immediately.

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SBA lending slips as stimulus cash dries up

http://money.cnn.com/2010/07/02/smallbusiness/small_business_sba_loans/index.htm

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Recovery Report: SBA picks loan pool originators to revive 504 secondary market
http://phoenix.bizjournals.com/phoenix/stories/2010/06/28/daily77.html?surround=lfn
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