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Enhanced Guarantees on Small Business Loans

March 16, 2009
Economic Target: 
Action Type: 

Part of a package of government actions by the Treasury Department and Small Business Administration (SBA) on March 16, 2009 to promote small business lending. 

The SBA previously provided a maximum guarantee on its 7(a) loans of up to 85% for loans below $150,000, and 75% for loans about $150,000.  This guarantee will be raised to 90% for all loans.


Provision costs are unknow.

Deficit impact unknown.

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