The SBA and PROdnose – The Wisdom and Musings of Jim Ely, SBA pro

prodnose

PROD-nohz

verb intr.: To pry.

noun: A prying person.

After Prodnose, a pedantic and nosy character, who appeared in the newspaper columns of J B Morton in the Daily Express.   J B Morton wrote under the pen name Beachcomber.  Twenty years before the word appeared in his column, the poet Dylan Thomas once wrotein 1934:  “I want you to think of me today … singing as loudly as Beachcomber in a world rid of Prodnose.”

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TIP OF THE WEEK

SBA 7(a) loan approvals for the fiscal year ending September 30th totaled $25,372,457,900.  That’s 0.3% less than the prior year.

Being a prodnose about this, I calculated the correlation coefficient between SBA 7(a) loan volume and GDP for over six years using the Microsoft CORREL function.  It came out to a statistically significant 0.86.

That would imply the economy won’t continue to grow as rapidly as it is now.

Continue reading “The SBA and PROdnose – The Wisdom and Musings of Jim Ely, SBA pro”

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