Based on the activity to date, SBA projects that the Agency will have funds to
support these two Recovery Act initiatives through late-November 2009.
Therefore, with this notice SBA is establishing procedures in anticipation of the
end of the availability of Recovery Act funds, and creation of a queue for loans
submitted post November 22,2009. Please see the attached Transition Period
Notice for complete details. Once the appropriated Recovery Act funds are
exhausted, some funds are projected to become available again as previously
approved Recovery Act loans are cancelled.
NEW MEMBER OF SBA TENNESSEE TEAM - Tom Favreau
******READ COMPLETE DETAILS PROVIDED IN ATTACHMENTS. ******
Please visit our home page for lender updates, rankings, news and related
information at http://www.sba.gov/tn
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