The 2009 Economic Stimulus Package: What It Means for Your Small Business from the National Gay & Lesbian Chamber of Commerce

March 2009
Outlook Weekly;3/25/2009, Vol. 13 Issue 38, p13
The article discusses the implications of the 2009 economic stimulus package for small businesses in the U.S. The stimulus package provides $730 million to the Small Business Administration (SBA). The fund includes $375 million for temporary fee reductions, $255 million for a new loan program to help small business to meet existing debt payments and $30 million for the expansion of the Microloan program of the SBA. The major provisions for small businesses in the package include bonus depreciation, tax deductions and energy credits.


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