Small Businesses and ARRA

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Following last weeks' topic, this blog will also be dedicated to the Economic Stimulus Package and how the monies will impact small businesses. Below are the links to multiple articles that discuss the American Recovery and Reinvestment Act of 2009 (ARRA) and Small Businesses.

Press Release: SBA Applauds Stimulus Bill, Planning Underway For Broadest, Quickest Small Business Impact - This release highlights the SBA's key initiatives that have been impacted by ARRA, including a 90% loan guarantee, deferred payment business sabilization loans, and more.

The 2009 American Recovery and Reintestment Act Tax Provisions for Individuals, Businesses, and Other Key Items of Interest - A summary of the major tax provisions that were included in the act, about halfway down the page is a section titled "Tax Provisions Affecting Businesses".

BBB Explains Stimulus Package Benefits for Small-Business Owners - A summary provided by the Eastern North Carolina BBB that highlights several small-business benefits, including financing and tax breaks.

The articles below provide further information and opionions on how ARRA will affect small businesses.

Stimulus Bill Helps Bailout Businesses If They Cannot Pay Loans

Opportunity Knocks in Stimulus Plan

Stimulus Won’t Affect small businesses much

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