Micro business loans under $100,000 were down 2.9% during thefirst quarter, according to the U.S. Small BusinessAdministration.

Total small business loans outstanding dropped 2.4% from $624.3billion in December 2010 to $609.4 billion in March 2011, the SBA'sOffice of Economic Research of the Office of Advocacy reported inits QuarterlyLending Bulletin. Macro business loans, defined as thosebetween $100,000 to $1 million, declined by 2.2%.

Small business loans outstanding by the largest lenders withassets of $50 billion or more declined the most, by 4.9%, the SBAreported. Loans outstanding from lenders in the $1 billion to $9billion asset category remained constant. Lenders with $10 billionto $49 billion in assets had an increase of 3.1% in loansoutstanding.

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