County to offer 20 million in job growth bonds
Snohomish County will begin the process of making more than $20 million in American Recovery Reinvestment Act (ARRA) bonds available to local companies to create new jobs.
The proposal to use the federally subsidized bonds to stimulate the economy was recommended by Snohomish County Executive Aaron Reardon in February and approved Wednesday by County Council. Full Story
SBA Recovery lending extended
President Barack Obama signed legislation extending through April the U.S. Small Business Administration’s ability to provide enhancements in its two largest small business loan programs.
The enhancements, first made available under the American Recovery and Reinvestment Act, include a higher guarantee on some SBA-backed loans and fee relief. Full Story
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