About Facility
Headquarter
The Small Business Lending Fund (SBLF), established by the Small Business Jobs Act of 2010, is a dedicated fund aimed at providing capital to qualified community banks and community development loan funds (CDLFs) to stimulate small business lending. With a focus on encouraging collaboration between Main Street banks and small businesses, the SBLF plays a vital role in job creation and economic growth within communities nationwide. The U.S. Department of the Treasury has invested over $4.0 billion in 332 institutions through the SBLF program, including community banks and CDLFs operating in over 3,000 locations across 47 states and the District of Columbia.
Through the SBLF program, participating institutions have made significant strides in increasing small business lending, resulting in a total cumulative net impact on qualified small business lending (QSBL) of $19.1 billion as of Q3 2024. This achievement showcases the program's commitment to supporting small businesses and local economies. Notably, as of December 1, 2024, 327 institutions have fully redeemed their SBLF Treasury investment and exited the program, while one institution has partially redeemed its securities while continuing to participate. The program's success underscores its importance in fostering economic development and job creation.
The SBLF's mission revolves around fostering collaboration between financial institutions and small businesses to drive economic growth and job creation. With a strong emphasis on supporting Main Street banks and CDLFs, the program has proven to be instrumental in providing access to capital for small businesses. As the SBLF continues to evolve and make a positive impact on communities nationwide, its strategic direction remains focused on empowering small businesses, creating jobs, and promoting economic prosperity. The program's innovative approach and notable achievements make it a key player in the small business lending landscape, contributing significantly to the nation's economic growth.
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Location Identifiers
Address
Zip Code
85202
Unique Identifiers
CommonShare
CFID_01JRSZB7V60MSDAZ3H0CRKWQET
Latitude and Longitude
Latitude
46.44666623
Longitude
-0.82392989
Activities and opening hours at this location
Opening Hours
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