WASHINGTON — Provisions in the stimulus package President Obama signed Tuesday are designed to spur Small Business Administration lending, but recent guidance from the agency may undercut those efforts.

The stimulus package tries to make SBA lending more attractive for banks by providing relief from guarantee fees, more protection against losses on the loans, and a new facility to improve the secondary market for the loans. But bankers argue that the SBA is jeopardizing those gains with new standard operating procedure guidelines that, for the first time, will cap the amount of financing lenders may offer on certain loans.

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