SBA Security Purchases
$368M Disbursed |
$368M Returned |
$8.6M Revenue to Gov't |
$8.6M Profit |
Find bailouts in your state:
- Our frequently updated database tracks every dollar. In the scorecard, we provide a summary generated from the latest numbers.
- Our bailout recipient list tracks the companies to which Treasury has committed money.
These purchases of Small Business Administration-guaranteed securities were part of the Small Business and Community Lending Initiative, a pilot program designed to increase the flow of credit to small businesses.
Events
-
$368M Payback
Jan. 24, 2012 Proceeds
The government's investment was repaid via a variety of sources: disposition proceeds, principal received, interest received, and senior security proceeds (excluding accruals).
More info from www.treasury.gov -
$8.6M Revenue
Jan. 24, 2012 Proceeds
This is an aggregate of all proceeds for this program over and above the amount of government funds that were invested. 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 |
---|---|---|---|---|
01/24/2012 | Proceeds | $8,602,850 | SBCLI | Proceeds |
01/24/2012 | Revenue | $368,145,452 | SBCLI | Proceeds |
09/28/2010 | Purchase | $368,145,452 | SBCLI | SBA Security Purchase |
For our blog, resources and more, see our main bailout page.