Feds to pour up to $80M into Oregon small businesses


The U.S. Treasury Department has loaded up a potentially massive coffer of money for local businesspeople to pull from.

The Treasury Department on Friday said Oregon's application from what's called the State Small Business Credit Initiative had been approved for as much as $83.5 million. The SSBCI originally was set up 2010, and Treasury officials say it's successfully increased entrepreneurs' and small businesses' access to capital. President Biden's American Rescue Plan expanded the program.

Gov.…

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