Entrepreneurial

Small business gets its bailout

October 30, 2009

(Note: The Recovery Act did not directly assign $15.5 billion in funds to the SBA, but $730 million that has so far supported $13.4 billion in SBA-backed loans to small businesses, according to the SBA.)

Community lenders get a mini bailout

June 30, 2009

Timothy Geithner It’s considerably less than the multi-billion bailout the commercial banking sector received as part of President Obama’s Recovery Act legislation, but battered community banking institutions will gladly take it.