Small Business Lending Program

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A program under the Emergency Economic Stabilization Act

$30 billion promised

$0 actually invested, loaned, or spent

Initiatives and Programs » Emergency Economic Stabilization Act

Bank Loans to Spur Small Biz Lending

$30 billion would be transferred out of the TARP for this program, which would make investments in small and mid-size banks (those with less than $10 billion in assets), with the goal of spurring those banks to in turn make loans to small businesses. Notably, the plan calls for transferring the funds out of the oft-maligned TARP to a totally separate program in order to avoid TARP restrictions (including limits on executive compensation).

More info from www.whitehouse.gov

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For our blog, resources and more, see our main bailout page.

The following list shows the 0 recipients of Small Business Lending Program.

Data is not yet available for this program's specific recipients.

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