SBA Recovery Programs for Small Businesses

Courtesy Small Business Trends  Wed, 02/24/2010 - 05:00

Washington (PRESS RELEASE – February 24, 2010) – SBA issued the following statement today from Administrator Karen Mills regarding efforts to ensure continued funding for two key provisions in the American Reinvestment and Recovery Act (ARRA) of 2009:

“SBA’s most popular ARRA provisions – the increased guarantee and reduced fees in the two largest lending programs – have helped engineer a significant turnaround in SBA lending.

Continuing those ARRA provisions is BA’s top priority. Through the original $375...

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