|
American Recovery and Reinvestment Act Program Guide
|
|
|
|
Surety Bonds
|
| Progress Indicator |
 |
|
 |
|
| Guidance Available |
Application Processes Open |
Application Processes Closed |
Award Processes Completed |
|
| |
| Federal Program Information |
| Federal Program Description |
Guarantees for surety bonds issued by commercial surety companies, for amounts up to $5MM (increased from $2MM) for small businesses needing SBA bond guarantee. Guarantees, limited to authorized surety companies, for bid, payment and performance bonds.
|
| CFDA Number |
|
| Assistance Type |
Guaranteed/Insured Loans |
| ARRA Citation |
section 508, p 37, 44-45 |
| ARRA Reporting |
NA SBA reporting process
|
| Federal Agency |
Small Business Administration |
| |
| NYS Information |
| NYS Program Title |
Surety Bonds |
| NYS Agency |
ESDC |
| Contact |
Kay Wilkie |
| Email |
kwilkie@empire.state.ny.us |
| Phone |
518-292-5270 |
| |
| Program Funding |
| National Total |
$15MM |
| NYS Share |
NA |
| Flow of Funds |
ongoing program
|
| Deadline |
NA - funds available until expended |
| |
| Awards and Outcomes |
| Website |
http://www.recovery.gov/transparency/pages/home.aspx?State=NY |
