SBA - Financial and Activity Report
Financial Status: |
- Total Available: $89,890,676
- Total Paid Out: $17,682,538
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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
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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
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Report History