A day after President Barack Obama talked about the importance of creating jobs during his State of the Union address, the administrator of the U.S. Small Business Administration visited a North Lebanon Township bagel bakery that she says is a prime example of the government helping to create jobs.
Karen G. Mills, who was sworn in as the 23rd SBA administrator on April 6, 2009, visited the Always Bagels plant in Lebanon Rails Business Park on Wednesday. She said the 70,000-square-foot facility is a "really impressive operation."
"What I see out there is a $21 million investment in this area, creating about 100 new jobs, and what we were able to do at the Small Business Administration is provide loan guarantee for a piece of the financing that helped build the plant, buy the equipment," she said. "What we try to do at the SBA is make sure small manufacturers like this have access to capital because we know that that is going to drive job creation."
Mills noted that in October 2008 the credit market for small businesses such as Always Bagels froze.
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