SSBCI is a component of the federal Small Business Jobs Act of 2010 that created $1.5 billion in direct funding of state credit enhancement programs. Within the act, Maryland is allocated a total of $23 million available in three installments subject to performance. These funds must target an average borrower size of 500 employees or less and loans averaging $5 million.
For more information about SSBCI contact:
Maryland Department of Commerce
Office of Finance Programs