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Ohio small biz program reaps Treasury Dept. funds

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WASHINGTON (April 18, 2014) — The U.S. Department of the Treasury has transferred nearly $18.2 million to Ohio to support the state’s three major small business lending programs.

The programs to be funded are Ohio’s Collateral Enhancement Program, Ohio Capital Access Program and Targeted Investment Program, according to Treasury. Ohio will use the funds to leverage greater levels of private lending and investing in small businesses located on Ohio, it said.

Treasury made the transfer of funds through its State Small Business Credit Initiative (SSBCI). President Barack Obama requested a $1.5 billion extension of SSBCI in his most recent budget request, according to the agency.

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Previous | Published December 27, 2016

In terms sales and revenue, how is your business shaping up in 2016 vs. 2015?

Both sales and revenue are up
32% (45 votes)
Both sales and revenue are down
23% (32 votes)
Both sales and revenue are flat
19% (26 votes)
Sales are up, but revenue is flat to down
12% (16 votes)
Revenue is up, but sales are flat to down
14% (20 votes)
Total votes: 139
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