Show I Granted I Millions in I Loans I Sen Frank E. E Moss CD- CD D DUtah D- D Utah disclosed Tu Tuesday that I the State of Utah ranks I among the 50 states In the I number of loans approved by bythe bythe bythe the Small Business AdminIstration Administration Administration during the first six mo months of 1963 but ranks first among the 50 states with approval of per cent of all an applications filed during that tha t period Some 74 per cent of loans I Imade made In Utah are of the participating participating par par- type those which are made by banks with the Small Business Administration tion assuming part of the risk Sen Moss a member of the Senate Small Business committee com com- committee also pointed out th that t Utah ranks first with per cent approval of all applications filed during the ten year period 1953 to 1963 During fiscal 1963 which ended June the Small Business Administration approved approved approved ap ap- ap- ap proved loans to Utah firms totalling and the Salt Lake City office is currently servicing 33 loans In Grand county three loans totalling are being serviced Sen Moss Indicated |