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View Diary: The politics of Matt Taibbi's big con (105 comments)

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  •  It's even better (0+ / 0-)

    From the most recent SBLF Use of Funds Report (released today):

    • In total, SBLF participants have increased their small business lending by over $7.4 billion over a $36.5 billion baseline, and by $740 million over the prior quarter.
    • Increases in small business lending are widespread across SBLF participants, with 89 percent of participants having increased their small business lending over baseline levels.
    • Over three-quarters of SBLF participants (78 percent) have increased their small business lending by 10 percent or more.
    • SBLF banks that refinanced CPP funding have increased business lending by a median of 17.2 percent since their initial receipt of CPP funding from Treasury versus a 14.0 percent increase for the peer group and a 6.6 percent increase for the comparison group over the same period.
    •  Forgot to include this (0+ / 0-)
      • SBLF banks have increased business loans outstanding by a median of 32.2 percent over baseline levels, versus a 5.7 percent median increase for the representative peer group and a 2.1 percent median increase for the broader comparison group.
      Same source. The representative peer group and broader comparison group are defined in the document.

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