US Small Business News Round-up – 2008/12/22

Here is this week’s news round-up for home business, micro business, sole-traders, freelancers, self-employed and any one who is interested in small business news from the United States:

  • M&T top SBA lender in Syracuse district: M&T Bank was the top U.S. Small Business Administration lender in the Syracuse District in fiscal 2008.
  • Wells Fargo small business survey hits new low: Small business owners’ optimism fell to its lowest level since Wells Fargo & Co. began surveying for it with the Gallup Organization in 2003, the companies said Tuesday. (WFC)
  • Business owners unwilling to pay more taxes for budget woes: Small business owners aren’t willing to shoulder additional tax burdens to bridge a widening gap in Kansas’ state budget, according to the results of a recent poll from the National Federation of Independent Businesses.
  • Idaho Small Business Development Center among SBA Sustainability grantees: The U.S. Small Business Administration recently awarded Small Business Sustainability Initiative grants worth a combined $500,000 to the Idaho Small Business Development Center at Boise State University and to centers in Nevada, Nebraska and New York. The grants target projects that offer energy-efficiency assistance to small businesses.
  • City awards small-business loans: Louisville-Jefferson County Metro Government, through the Metropolitan Business Development Corp., has awarded small-business loans to two fledgling Louisville businesses.
  • Optimism hits a low point for small business owners: Optimism for small business owners’, including those who own carwashes, detail shops and quick lubes, has hit a new low, according to a Wells Fargo/Gallup Small Business Index survey that was conducted in November, the International Business Times reported.
  • Help available to small businesses: When some of Service West Delivery Express’ customers started taking longer to pay their bills this year, the Phoenix-based shipping company didn’t hire an outside consultant to solve the problem.
  • Small Business; The Fight to Survive, Writ Small: Bankers returning to rules like requiring 20 percent down payments are making it difficult for many small businesses.

As always this list is not exhaustive, but I hope it will give you a little overview. — ST.

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