Small Business and Community Lending Initiative

Program to Ease Small Biz Credit Market

actually invested, loaned, or spent
This "pilot program" involved the purchase of securities guaranteed by the Small Business Administration in order to "ensure that credit flows to entrepreneurs and small business owners." Purchases began in March of 2010. All of the funds were ultimately recouped. See here for more details.

More info...

The following list shows the 1 recipient of Small Business and Community Lending Initiative.

Name State Date Entered Disbursed by SBCLI Returned to SBCLI
SBA Security Purchases D.C. Sep. 28, 2010 $368,145,452 $376,748,302

See the list of all initiatives and programs

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