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On Main Street, The Need To Take On More Debt Is Rising with Inflation

Published February 23, 2022

  • The Small Business Administration's EIDL loan program as part of Covid financial relief has ended and hopes it will be revived this year by Congress are not high.
  • On Main Street, the need for business capital is still high due to inflation, supply chain issues and rising wages.
  • More local businesses may be turning to bank loans or other sources of debt financing.
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