The Obama administration has made more money available to small businesses. Wisconsin Lieutenant Governor Barbara Lawton wants to make sure Wisconsin businesses are well positioned to take advantage of the money being made available through the Small Business Administration to address the credit crunch.
Lawton says the most important thing for businesses to understand is that the American Recovery and Reinvestment Act funding is available on a first-come, first-served basis, so she wants them to be ready take advantage of it. Lawton says deferred payment, interest free business stabilization loans of up to 35-thousand dollars for financially vulnerable businesses will be available June 15th.