Treasury Announces $353.4 Million in Small Business Funding for 4 States

Treasury Announces $353.4 Million in Small Business Funding for 4 States
The seal outside the U.S. Department of the Treasury building in Washington on May 4, 2021. Patrick Semansky/AP Photo
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The State Small Business Credit Initiative (SSBCI) has approved four state plans for funding of up to $353.4 million, according to a Feb. 27 statement from the U.S. Department of the Treasury.

In their statement, the Treasury Department said it has officially approved state and territorial proposals for more than $7 billion in SSBCI financing to promote small businesses and entrepreneurship and increase access to capital under President Joe Biden’s American Recovery Plan.
Savannah Hulsey Pointer
Savannah Hulsey Pointer
Author
Savannah Pointer is a politics reporter for The Epoch Times. She can be reached at [email protected]
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