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Agency Summary
Small Business Administration



Financial Status

Weekly Progress
Source: Agency Financial and Activity Report
as of 2009-05-14
Financial and Activity Report

Report Date: 2009-05-08View History

 Financial Status:
  • Total Available: $89,890,676
  • Total Paid Out: $17,682,538
 Major Actions Taken to Date:
  • Met with staff of House Small Business Committee to discuss SBA's Recovery Act initiatives
  • Met with representatives of SBA Office of Inspector General to discuss SBA's Recovery Act inititiaves
  • Met with staff of Senate Small Business & Entrepreneurship Committee to discuss SBA's Recovery Act initiatives
  • Issued procedural notice on communications with Registered Lobbyists about Recovery Act funds
  • Began to hire Recovery Act staff for loan processing center
  • Issued memo to SBICs on changes to SBIC program
  • Submitted regulations and forms on Business Stabilization (ARC loan) program to OMB
  • Presented on Recovery Act to National Association of Guaranteed Lenders and National Association of Development Companies
 Major Planned Actions:
  • Meet with staff of House Committees to discuss SBA's Recovery Act initiatives
  • Meet with representatives of SBA Office of Inspector General to discuss SBA's Recovery Act initiatives
  • Submit regulations for Secondary Market Guarantee Authority to OMB
  • Submit Procedural Guidance on ARC loans to OMB
  • Submit SBIC regulations to OMB
  • Finalize Recovery Act agency, program and project plans
  • Finalize Policy Notice on restricted use of Recovery Act funds
  • Finalize Federal Register Notice for fee reduction/elimination program
  • Finalize Federal Register Notice for 90% loan guaranty program

  View Source file


Report History

Report Date
Source