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Credit Pinch for Small Business Impedes U.S. Job Growth

Jim Brown, owner of JWB Properties LLC, says community banks called him almost every day in 2006 trying to lend him money. Now, his homebuilding business in Atlanta can’t get a loan.

“The small banks became really, really cautious, and real estate became a dirty word,” said Brown, 65, whose one-man company takes on workers on a project-by-project basis.