Month: November 2011

Michigan No. 1 in Nation for Small Business Loans

Michigan’s banks and credit unions led the country in providing government-backed small-business loans, according to new data from the U.S. Small Business Administration. The Detroit Free Press reports that from October 2010 through September 2011, $689 million in small-business loans went to businesses in a variety of industries in Michigan. During that time frame, lenders… Read more »