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Tag Archives: SBA Loans
Unpacking the Stimulus Package: National Small Business Association Report Shows Small Businesses Struggling Despite Stimulus Help
Unpacking the Stimulus Package, Vol. 8 The National Small Business Association’s (NSBA) Mid-Year Economic Report, released today, indicates that small businesses are struggling despite stimulus help, with decreases in three key indicators of a healthy business – revenues, profits and … Continue Reading
Unpacking the Stimulus Package: Troubled Asset Relief for Small Businesses?
Unpacking the Stimulus Package, Vol. 7 Treasury Department officials are considering a plan to help small businesses by diverting some of the billions of dollars approved for bank bailouts to small businesses, but stress that “any consideration of this idea … Continue Reading
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Tagged SBA, SBA Loans, stimulus package, stimulus tracking, troubled asset relief small businesses
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Unpacking the Stimulus Package: ARC Program Off to a Slow Start
Unpacking the Stimulus Package, Vol. 4 On June 15th, the Small Business Administration began accepting applications for their short-term deferred-payment ARC loan program. By the end of the first week, however, only four national banks had signed on to the … Continue Reading
Unpacking the Stimulus Package: Stimulus Tax Breaks for Small Businesses
Unpacking the Stimulus Package, Vol. 3 The Stimulus Package created, extended or expanded several business tax deductions and credits to help small businesses struggling as a result of the economic downturn. As some of these tax breaks are only available … Continue Reading
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Tagged ARC Loans, IRS temporary small business tax breaks, SBA, SBA Loans, stimulus package, temp
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Unpacking the Stimulus Package: ARC Update
Unpacking the Stimulus Package, Vol.2 Small businesses hoping to take advantage of the SBA’s America’s Recovery Capital Loan Program (“ARC”) should be proactive in securing their place in the program, which only allows for about 10,000 loans nationwide, or an … Continue Reading
White House Announces New Aid Package for Small Businesses
”It’s a huge step in the right direction,” Giovanni Coratolo, director of Small Business Policy at the U.S. Chamber of Commerce, said Saturday. ”In this economy, having the least amount of risk for banks will incentivize banks to lend to … Continue Reading
