On the recordFebruary 13, 2009
Mr. Speaker, today, small businesses are finally getting their stimulus. It is about time. This act marks the first step towards economic recovery for our country's entrepreneurs. In fact, this bill will result in nearly $21 billion in new investments and lending for small firms and the creation of more than 630,000 new jobs. In terms of accessing loans from the Small Business Administration, the legislation clearly puts borrower first. It does this by mandating that no funds provided for fee relief can go to lenders unless the SBA has reduced fees charged to borrowers to the maximum extent possible.
Source
govinfo.gov
