SBA Security Purchases
| $368,145,452 |
| Committed |
| 100% |
| of SBA Security Purchases bailout commitment |
| 0.1% |
| of total bailout commitment. |
| Disbursed | $368,145,452 |
| Returned | $0 |
| Revenue to Gov't | $376,748,302 |
| Net Outstanding | $8,602,850 |
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These purchases of Small Business Administration-guaranteed securities are part of the Small Business and Community Lending Initiative, a pilot program designed to increase the flow of credit to small businesses.
Events
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$377M Revenue
Feb. 27, 2012 Proceeds
This is an aggregate of all proceeds for this program to date. The number includes life-to-date disposition proceeds, life-to-date principal received, life-to-date interest received, and senior security proceeds (excluding accruals).
More info from www.treasury.gov -
$368M Bailout
Sep. 28, 2010 SBA Security Purchase
This number is the total invested through the SBA 7a Securities Purchase Program. The purchases started 3/19/10 and went through 9/28/10.
More info from www.treasury.gov
| Date | Type | Amount | Program | Description |
|---|---|---|---|---|
| 02/27/2012 | Proceeds | $376,748,302 | SBCLI | Proceeds |
| 09/28/2010 | Purchase | $368,145,452 | SBCLI | SBA Security Purchase |
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