Identify the organization authorized by the SBA to make insured loans to small businesses that are expected to increase economic activity within a specific geographic area.

Question

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Community development organizations (CDOs) are authorized by the SBA to make insured loans to small businesses that are expected to increase economic activity within a specific geographic area. These organizations work to promote economic growth and revitalization in underserved communities.

Identify the Organization Authorized by the SBA to Make Insured