How the stimulus plan can help your small business

Gunther, Dale
March 2009
Enterprise/Salt Lake City;3/16/2009, Vol. 38 Issue 38, p11
The article outlines the provisions of the American Recovery and Reinvestment Act of 2009 that can help small business owners. Temporary fee reductions or fee elimination on Small Business Administration (SBA) loans can be provided by the bill. The bill also allows SBA to guarantee up to 90 percent of some loans. A small business owner can be eligible for a loan of up to $35,000 from the SBA. An addition $30 million will be provided by the bill for the SMA Microloan program.


Related Articles

  • Small businesses able to improve cash flow with SBA loan program changes. Wimmer, Leslie // Fort Worth Business Press;6/29/2009, Vol. 24 Issue 22, p4 

    The article reports on permanent changes made by the U.S. Small Business Administration to its 504 Certified Development Co. loan program. Authorized in the American Recovery and Reinvestment Act of 2009, the program's changes will allow small businesses to restructure eligible debt to help...

  • Learn how to secure government contracts. Folsom, Joe // Corridor Business Journal;4/5/2010, Vol. 6 Issue 37, p12 

    In this article the author discusses the opportunities for small businesses to acquire government contracts from the American Recovery and Reinvestment Act (ARRA) in the U.S. He offers several steps to take in government contracting. The author mentions the need for small business operators to...

  • Major Opportunity. Studivant, James // Wearables;Aug2009, Vol. 13 Issue 7, p25 

    The article discusses the opportunity for small businesses with the release of part of the 787 billion U.S. dollars worth of stimulus federal stimulus package in the U.S. in 2009. It explains how these businesses can participate in government contracts where there is a procurement mandate of 23%...

  • The 2009 Economic Stimulus Package: What It Means for Your Small Business from the National Gay & Lesbian Chamber of Commerce.  // Outlook Weekly;3/25/2009, Vol. 13 Issue 38, p13 

    The article discusses the implications of the 2009 economic stimulus package for small businesses in the U.S. The stimulus package provides $730 million to the Small Business Administration (SBA). The fund includes $375 million for temporary fee reductions, $255 million for a new loan program to...

  • Silva Puras touts SBA as a tool for economic growth. MÁRQUEZ, CARLOS; CARMONA, JOSÉ L. // Caribbean Business;5/20/2010, Vol. 38 Issue 19, p17 

    The article presents the views of Jorge Silva Puras, regional administrator for the U.S. Small Business Administration (SBA) Region II, on the role of SBA in the economic growth of Puerto Rico. According to Puras, small businesses are important for economic recovery and SBA can help in business...

  • SBA loan program helps small businesses expand. Golden, John // Westchester County Business Journal;7/13/2009, Vol. 48 Issue 28, p6 

    The article reports on the U.S. Small Business Administration's (SBA) 504 Certified Development Company loan program that would refinance small businesses across the country. It states that the program can be used to buy business real estate or fixed assets such as expand development projects....

  • Minority Report. Ireland, Beck // EC&M Electrical Construction & Maintenance;Jan2010, Vol. 109 Issue 1, pC10 

    The article discusses the financial development of certified small and disadvantaged businesses in the U.S. The third annual Small Business Procurement Scorecard of the U.S. Small Business Administration (SBA) shows that small and disadvantaged businesses have secured 93.2 billion dollars in...

  • Recovery Act More Than Doubles Surety Bond Guarantee Ceiling for Small Businesses.  // Home Business Magazine: The Home-Based Entrepreneur's Magazine;Jul/Aug2009, Vol. 16 Issue 4, p26 

    The article reports on the significance of the U.S. American Recovery and Reinvestment Act of 2009 for small businesses in the country. It states that the Recovery Act helps small businesses qualify for the $5 million Surety Bond Guarantee program through the U.S. Small Business Administration....

  • VENTURE CAPITAL'S CAPITAL INFUSION.  // Entrepreneur;Aug2009, Vol. 37 Issue 8, p77 

    The article discusses the impact of the American Recovery and Reinvestment Act (ARRA) on the Small Business Investment Corporations (SBICs) program of the U.S. Small Business Administration (SBA). It explains that SBICs are authorized by the SBA to act as federally funded venture capital (VC)...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics