So the SBA was created. What it does, quite simply is provide private sector banks, commercial banks, of which We have about 5,000 [banks] signed up within our agency. We give them a substantial government guarantee to make that loan to a small business where they may take a risk that they wouldn't normally take, because there's about a … (06:11–06:15)
CLAIM
Asserts that 5,000 banks are signed up with the SBA.
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