Interest in the U.S. Small Business Administration’s loan program for new businesses and startups wanting to expand into an overseas market is expected to pick up momentum by next month in the New Orleans-area, regional spokeswoman Loretta Poree said.

Though the largest number of SBA loan requests continues to be for new businesses in the retail and service industry, the SBA district office has seen growing interest from manufacturing companies outside of New Orleans focusing in international trade, said Poree.

Read full article