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A Senator Sees ‘Moral Hazard’ in SBA Loan Program – Businessweek

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A Senator Sees 'Moral Hazard' in SBA Loan Program
Businessweek
Specifically, the lawmaker says that the agency's 7(a) program, which backstops private lenders by guaranteeing up to 85 percent of the value of small business loans they make, allows banks to lend with little regard to whether the borrower will be ...
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