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SBA recaps small-business lending in latest fiscal year

Bernard J. Paprocki is director of the U.S. Small Business Administration’s Upstate New York district and is based in Syracuse. (ERIC REINHARDT / CNYBJ)

The owner of Laurabelle’s Cupcakery in Corning used a loan backed by the U.S. Small Business Administration (SBA) to expand her startup business in a “historic, visible” storefront. Tarrah Seaver, owner of Laurabelle’s Cupcakery, used a $25,000 SBA microloan from REDEC/RRC, one of the Southern Tier’s SBA lending partners, the agency said in a news […]

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