Free Money! Could Your Loan Fees Be Waived?
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The Small Business Administration's recent notice regarding potential loan fee waivers for small manufacturers is a promising development for the industrial sector. By considering a one-year waiver incentive for loans of $950,000 or less, the Trump administration aims to support the growth and sustainability of small businesses in this industry. This initiative could potentially save business owners thousands of dollars in loan fees, making it easier for them to access the capital needed to expand and thrive.
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