BizSugar.com › Finance › SBA small business loan program may face trouble

A new SBA small business loan program, part of the White House's economic stimulus package, has had less than stellar success in its first month, BusinessWeek reports. While the government guarantees the loan, lenders remain nervous, perhaps due to high projected defaults. The article also reports that since not all lenders seem to have decided whether to participate, small business owners are uncertain which bank to approach.