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Oregon small business lending programs awarded $5.6M

The state has secured an additional $5.6 million in funding for Oregon small businesses through a third disbursement from the U.S. Treasury Department’s Small Business Tax Credit Initiative (SSBCI). This third disbursement of SSBCI funds comes after Business Oregon successfully lent $10.6 million of funding in its first two disbursements. To date, the federal funds have generated over $90 million in private sector financing to more than 160 Oregon small businesses.