Chapter
Arguments for and Against the SBLF
The SBLF’s Implementation
Treasury’s Rollout of the Program
Small Business Lending Progress Reports
Appendix. The SBLF’s Legislative History
The SBLF’s Legislative Origin
The House-Passed Version of the SBLF
The Senate-Passed Version of the SBLF
State Small Business Credit Initiative: Implementation and Funding Issues
State Capital Access Programs
State Loan Participation Programs
State Loan Guarantee Programs
State Collateral Support Programs
State Venture Capital Programs
State-by-State Allotments
Audits, Evaluation Reports, and Program Adjustments
Treasury’s Response to GAO’s 2011 Audit: Performance Measures
Treasury’s Response to GAO’s 2012 Audit: Written Policy Guidance and Publishing Performance Measures
Treasury’s Response to GAO’s 2013 Audit: Targets for Program Performance Measures and Outreach
Treasury’s Inspector General Evaluation Reports
Treasury’s Inspector General Use of SSBCI Funds Audit Reports
North Dakota Mandan Consortium
Rhode Island (Slater Technology Fund)
Small Business Credit Programs: Treasury Continues to Enhance Performance Measurement and Evaluation but Could Better Communicate and Update Results
Small Business Lending Fund
State Small Business Credit Initiative
SBLF Participants Continue to Lend to Small Businesses and Additional Participants Have Exited the Program
Participants Have Used over Half of the SSBCI Funds and Treasury Continues to Address Challenges in Using Program Funds
SSBCI Participants Have Used over Half of the Total Allocated Funds, but Participants’ Rate of Fund Usage Continues to Vary
Treasury and SSBCI Participants Continue to Address Challenges in Using Program Funds and Promoting the Program
The Fiscal Year 2015 President’s Budget Proposed an Additional $1.5 Billion in SSBCI Funding
Treasury Has Enhanced Performance Measures and Evaluation but Has Not Effectively Communicated or Updated Its SBLF Evaluation
Treasury Conducted an Impact Evaluation of SBLF Using a Generally Accepted and Rigorous Approach
Treasury Has Not Effectively Communicated or Updated the Results of Its Impact Evaluation
Treasury Is Taking Steps to Improve Its Efforts to Measure and Evaluate Performance for the SSBCI Program
Recommendations for Executive Action
Agency Comments and Our Evaluation
Appendix I: Objectives, Scope, and Methodology
Treasury’s Efforts to Enhance Performance Measures and Evaluations
Appendix II: Summary of Treasury’s Efforts to Measure and Evaluate the Performance of the Small Business Lending Fund (SBLF) and State Small Business Credit Initiative (SSBCI)