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 Small Business Lending Successes

Treasury is releasing its latest report to Congress that demonstrates an increasingly positive trend in lending by institutions participating in the Small Business Lending Fund (SBLF) when compared to financial institutions that do not.

The report shows that institutions participating in the Small Business Lending Fund significantly increased small business lending in the last quarter of 2011 by $1.3 billion over the prior quarter—for a total of $4.8 billion over their baseline (the average lending reported in the four quarters before the Small Business Jobs Act, which created the SBLF, was enacted).

The loans the participating institutions make mark important progress toward helping to support small businesses and local economies across the nation.

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Last Updated :5/2/2012 5:23 PM

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