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17 February 2009

Legislation / economic reliefSupplement

Recovery Act expands SBA support for small-business lending

United States

The American Recovery and Reinvestment Act responded to the recession with public spending, tax measures and support for credit. SBA provisions reduced loan fees, raised guarantees and created emergency lending tools. Who could reach these programs remained a question of access to capital and lenders.

Dates preserve the source’s precision. This entry is part of a selected historical record; its qualifications and sources are retained below.

Context / qualification

The supplied sheet claims that 92% of SBA loans went to white borrowers. That percentage is unverified here: no supporting program, reporting period, denominator or treatment of missing race data was established. It is not presented as a measured racial distribution.

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