To keep capital flowing to small businesses, the SBA hasreceived an additional $80 million to support its 7(a) and 504 loanprograms.

The agency estimated that the fresh round of funds will supportabout $2.8 billion in small business lending. Under the newextension, the SBA said it may continue to reduce loan fees in its7(a) and 504 programs and to provide higher guarantee levels on7(a) loans through May 2010, or until the funds provided under thebill are exhausted.

SBA Administrator Karen Mills said under the American Recoveryand Reinvestment Act, the agency was able to increase guaranteesand reduce fees, which resulted in more than $25 billion in newloans to small business owners and brought more than 1,200 lendersback to the SBA's loan programs.

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