Ending Soon! Save 33% on All Access

Gaps Persist Amid Small-Business Lending Comeback In 2011, SBA lending hit a record level. SBA Administrator Karen G. Mills explains why.

By Catherine Clifford

Opinions expressed by Entrepreneur contributors are their own.

In 2011, lending programs from the U.S. Small Business Administration hit record levels. SBA Administrator Karen G. Mills says lending is back in the market, but there are still gaps.

Look for more coverage of Small Business Week 2012.

Related: Small Business and the President's Cabinet (Video)

Related: The SBA's Karen G. Mills on the Small-Business Recovery (Video)

Related: SBA Chief Karen G. Mills on the Small-Business Lending Comeback (Video)
Catherine Clifford

Senior Entrepreneurship Writer at CNBC

Catherine Clifford is senior entrepreneurship writer at CNBC. She was formerly a senior writer at Entrepreneur.com, the small business reporter at CNNMoney and an assistant in the New York bureau for CNN. Clifford attended Columbia University where she earned a bachelor's degree. She lives in Brooklyn, N.Y. You can follow her on Twitter at @CatClifford.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Most Popular

See all
Business News

TikTok Reportedly Laid Off a 'Large Percentage' of Employees as the App's Fate in the U.S. Remains Unclear

Laid-off TikTok employees were notified Wednesday night through Thursday morning.

By Emily Rella
Business News

Four Seasons Orlando Responds to Viral TikTok: 'There's Something Here For All Ages'

The video has amassed over 45.4 million views on TikTok.

By Emily Rella
Business News

More People Are Exploring Entrepreneurship Because of This Unexpected Reason

More new business applications were filed in 2023 than in any other year so far.

By Sherin Shibu
Business News

Jack Dorsey Says 'the Closest Form of Global Consciousness' Used to Be Twitter — Now It's Something Else

Dorsey recently left Bluesky, an X rival he helped found.

By Sherin Shibu
Personal Finance

This Investment Bundle Includes a Trading Course and Stock Screener Tool for $150

Approach the stock market with an increased understanding.

By Entrepreneur Store
Growing a Business

5 Strategies to Know As You Scale Your Business

Scaling a service-based company requires a comprehensive approach that goes beyond simply increasing revenue. It requires careful planning, strategic decision-making and a deep understanding of market dynamics.

By Nick Chandi