And these steps will make a difference for more small businesses like Pete's APizza in Washington, D.C. I recommend it -- that everybody go out there. (Laughter.) When the three owners had little more than a dream of opening up a casual pizza restaurant, they found it challenging to get financing. Ultimately they got a loan through City First Bank, a community development bank right in Washington. Today, business is booming. And the initiative we're announcing today will help more banks provide more loans to businesses like Pete's.
So how did Pete's get all presidential? WCP's Young and Hungry explains here.
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