Thursday, March 12, 2009

Stimulating - well, at the very least, helpful

First off, go Pokes!

Now, on to business...

The federal stimulus package contains loan fee reductions, higher guarantees, new Small Business Administration (SBA) programs, secondary market incentives, and enhancements to current SBA programs to help unlock credit markets for the nation's small business sector.

The American Recovery and Reinvestment Act provides $730 million to SBA and makes changes to the agency's lending and investment programs so they can reach more small businesses that need help.

More inforamtion is available here.

The original SBA press release is on top with tons of other information on the page too.

(by Brandon Marshall, Business & Entrepreneurial Dvlpmt program manager, WBC)

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