(Source: Brownsville Chamber of Commerce) SBA guaranteed loan dollars Increase 145 Percent in the Lower Rio Grande Valley District Federally backed loans made to small businesses in the Lower Rio Grande Valley District hit $97.2 million, an increase of 145.35 percent from last fiscal year shooting the district to the nation's number one spot for dollar value percentage growth. The amount borrowed toppled the FY 2014 record by almost $57.6 million. Likewise; the number of loans increased more than 51% placing the district at third in the...
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