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Regional News

Small Biz Loan Program Gets Boost


Oregon’s small business loan program is getting a $16-million boost from the federal government. Tim Raphael, in the Governor's office, says this is important to businesses that can't get loans. The one condition of the federal money is that it be increased tenfold; turning $16 million into $165 million. They do that by combining the federal money with private lending. 

 

 

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