Wells Fargo Approves Record Number of SBA Loans
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UPDATED: Oct 23, 2012
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Wells Fargo approved a record $1.24 billion in small business loans in the previous fiscal year. The dollar amount of the loans, backed by the Small Business Administration (SBA), is larger than any other bank’s originations made throughout the 2012 fiscal year (Oct. 1, 2011-Sept. 30, 2012). The statistics marked the second consecutive year that Wells Fargo exceeded $1 billion in small business loans.