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Treasury Notes

 INFOGRAPHIC: Small Business Lending Fund Update

By: Matthew Weil

Treasury today released a report on our Small Business Lending Fund (SBLF), which encourages Main Street banks and small businesses to work together to help create jobs and promote economic growth in communities across the nation.  The SBLF was established by the Small Business Jobs Act of 2010 to provide capital to qualified community banks and community development loan funds in order to boost small business lending.  Today’s report shows that as of the end of the second quarter, SBLF participants have increased their small business lending by $6.7 billion over a $36.0 billion baseline and by $1.5 billion over the prior quarter.  The infographic below illustrates the lending successes of SBLF banks relative to non-SBLF banks.

Matthew Weil is the Media Affairs Specialist at the U.S. Department of the Treasury.
Posted in:  Small Business
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