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ARTICLE · 07 SEPTEMBER 2011

SBLF Capital—Now Or Never

Jones Day
Jones Day
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The Small Business Lending Fund ("SBLF") was approved as part of the Small Business Jobs and Credit Act of 2010 (the "Act"), which was signed into law on September 27, 2010.

United StatesFinance and Banking
Jones Day
Jones Day
Christopher Kelly
Christopher Kelly
James Olson
James Olson
John Owen
John Owen
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The Small Business Lending Fund ("SBLF") was approved as part of the Small Business Jobs and Credit Act of 2010 (the "Act"), which was signed into law on September 27, 2010. The Act, including the SBLF, is intended to promote small businesses and job growth. SBLF investments can be funded only through September 27, 2011. The SBLF and its terms are discussed in detail in "Capital for Banks from the Treasury's Small Business Lending Fund—Apply by May 16 and Consider Terms Before Closing," Jones Day Commentary (May 16, 2011) (the "SBLF Capital Commentary") available at www.jonesday.com/capital_for_banks. This Commentary updates the SBLF Capital Commentary, highlights certain terms in the definitive SBLF documents that should be considered, and offers suggestions for applicants.

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