Transcription of PROGRAM OVERVIEW INTRO PAGE
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PROGRAM OVERVIEW INTRO PAGE
1 Please note that this document is not the application and can be used as a reference for planning purposes. An online application portal is forthcoming. PROGRAM OVERVIEW INTRO PAGE On March 11, 2021, President Biden signed into law the American Rescue Plan Act of 2021, which provided $10 billion to fund the State Small Business Credit Initiative (SSBCI). Through SSBCI, Treasury will provide funds to states, the District of Columbia, territories, and Tribal governments for small business credit support and investment programs. This PROGRAM builds on the initial version of the SSBCI, which was developed in 2011 and under which nearly $ billion in capital supported over $8 billion in new lending and investment activity across 142 different programs in its first five years. For more info on SSBCI, visit PRELIMINARY ELIGIBILITY Please populate the information below to determine if you are eligible to submit a capital PROGRAM application for the SSBCI PROGRAM administered by the Department of the Treasury (Treasury).
An online application portal is forthcoming. PROGRAM OVERVIEW INTRO PAGE On March 11, 2021, President Biden signed into law the American Rescue Plan Act of 2021, ... If you are a Tribal government submitting a joint application, only one application is required. ... or community development financial institution, as those
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