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Alerts
BUSINESS: The Stimulus Package and Its Impact
February 13, 2009
To provide a sense of the stimulus package's overall funding levels, we have prepared a general overview of the bill by subject area. Please note that this is a general overview of funding levels only, and does not report on every aspect of the bill. For a detailed analysis on any subject matter and the process for securing these federal dollars, please contact the Patton Boggs professionals listed below.
BUSINESS
- $15 million for additional capital for the Surety Bond Guarantees Revolving Fund.
- $6 million for an additional amount for the cost of direct loans.
- $630 million for an additional amount for the cost of guaranteed loans.
- $375 million for reimbursements, loan subsidies and loan modifications for loans to small business concerns.
- $255 million for loan subsidies and loan modifications for loans to small businesses. $100 million for an additional amount for the Community Development Financial Institutions Fund Program Account.
- $8 million for financial and technical assistance, training and outreach programs designed to benefit Native American, Native Hawaiian and Alaskan Native communities.
For additional details on this information, please contact Charlie Miller at 214-758-1565 or by email at , Doug Boggs at 703-744-8010 or by email at , Joe Brand at 202-457-6035 or by email at , and Courtney Nowell at 202-457-6563 or by email at .
For a copy of our full overview, click here. [pdf]
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