On March 2, President Obama signed legislation extending the availability of Recovery Act funds for certain Small Business Administration (SBA)-guaranteed loan programs. This is good news for small businesses seeking start-up and growth financing. The SBA estimates that the additional funding will support about $1.8 billion in lending by extending its ability to guarantee loans enhanced by Recovery Act provisions.
New Recovery Act Funding Extension for SBA Loans-What it Means to Your Business
Posted by businessdotgov under Raising CapitalFrom http://community2.business.gov 5158 days ago
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