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PA’s Climate Ripe for Small Business, Area Experts Weigh-in

A recent study shows Pennsylvania ranks high among the states to start a small business in due to state incentives and loan availability. In 2021, Americans submitted a record 5.4 million small-business applications, according to the Census Bureau, and followed that up with 5 million last year. Lendio.com, an online loan marketplace targeting owners of small businesses, rated each state by nine metrics. The study found that Pennsylvania ranks 12th.

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