This report from the U.S. Treasury summarizes the states' Annual Reports and gives state-by-state data showing how SSBCI programs operating in all 50 states, the District of Columbia, and five territories have expended their allocated funds in 2013.

H.R. 4556 and S. 2285 reauthorizes the State Small Business Credit Initiative. Complete a brief survey about the current SSBCI legislation.

Share your state's success with SSBCI by providing a one-page success story. These success stories will be used in an upcoming publication promoting the importance of the program. Email Kevin White for more information.

Financing is one of the many challenges small businesses face. This can especially be true for rural small businesses. The Wayne Post brings attention to the struggles these Main Street businesses face with getting finance support.

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The SSBCI Quarterly Report for the second quarter summarizes and organizes the funds allocated and percentage of disbursements by state. According to the report, 84% of States deployed more than $5 million of their SSBCI allocation.

OIG reports that Massachusetts appropriately used most of the SSBCI funds it had expended as of June 30, 2012, but spent $237,000 to participate in an SBA-guaranteed loan under the MBDC Loan Participation Program, which Treasury officials said was prohibited.

This report by the Dept. of the Treasury Office of Inspector General reviews Kansas' use of funds awarded under the SSBCI program. In the report, OIG found that in each of the 11 transactions reviewed Kansas did not obtain assurances from companion lenders that participated in the Kansas Capital Multiplier Loan Fund as required by SSBCI Policy Guidelines and National Standards.

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