Monday, February 11, 2013 5:33 pm
News summary: SBA head Karen Mills to resign
By The Associated Press
SCORECARD: Under Mills, the SBA focused on helping companies not only by guaranteeing loans, but also providing more counseling so struggling businesses would be able to qualify for financing - and eventually, to create jobs. The SBA also recruited more banks to make loans to small businesses. The agency also streamlined its loan application process.
THE REACTION: Small-business groups praised Mills for her work to help companies during tough economic times.