The Treasury Department announced a $1.5 billion lending package to boost small businesses at the state level.
The money will be available to states that can demonstrate that they will generate $10 in new private lending for every dollar of federal funds they receive, Reuters said. This could create a package worth a total of $15 billion.
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California will receive $168.62 million,…
Continue reading Treasury Announces $1.5 Billion Small Business Package
Treasury Announces $1.5 Billion Small Business Package originally appeared on DailyFinance on Fri, 08 Oct 2010 06:43:00.