In 1
1

Summary

On September 27, 2010, President Obama signed into law the Small Business Jobs Act of 

2010 (P.L. 111-240) (the Act), creating the State Small Business Credit Initiative (SSBCI). 

SSBCI provides $1.5 billion to new and existing programs in participating states, 

municipalities, and territories (States) that support private-sector lending to, and 

investment in, small businesses and small manufacturers. 

SSBCI allows each State to design its own small business support programs in response 

to local economic conditions. SSBCI programs fall into two general categories - credit 

support programs (e.g., loan guarantee or loan participation programs) and statesponsored venture capital programs. States receive funding in three equal 

disbursements based on cumulative funds deployed.1

• States have drawn 96 percent of available funding: As of June 30, 2016, 

$1,392,022,218 out of $1,456,310,045 or 96 percent of total allocated funds was 

disbursed to the States.

2

 All 57 States received their first disbursement; 56 States

received their second disbursement; 47 States received their third disbursement.

• States have deployed over $1.4 billion to support small business financing: 

Through June 30, 2016, States deployed a total of $1,439,598,949. Of this total, 

$1,224,068,226 was from original SSBCI allocations and $215,530,723 was from 

recycled3 SSBCI funds. These funds support loans or investments to small 

businesses, including through financial institutions and intermediaries, and for 

administrative expenses related to the program.

• States have generated over $8 in new financing for every $1 in federal 

support: Through 2015, SSBCI operations have generated $8.02 in new small 

business lending or investing for every $1 of federal support.4

 1 SSBCI funds deployed are those legally expended (used to support loans or investments or for administrative expenses), 

obligated (legally committed to support loans or investments or for administrative expenses), or transferred (to a contracting 

entity as reimbursement of expenses incurred or to fund a loan or investment). This includes obligations to venture capital 

funds not yet linked to specific small business investments. As of 12/31/15, Venture Capital Programs reported that the 

amount of funds deployed was 21% greater ($71 million) than the amount expended to small businesses. The variance was due 

to SSBCI dollars that were obligated for investment in a business or to a venture capital fund but not yet expended to a specific 

small business.

2 Treasury approved applications from 47 states, the District of Columbia, five territories, and municipalities in three states 

(collectively referred to as States).

3 “Recycled” funds refer to program income, interest earned, or principal repayments that States deploy to support new 

transactions.

4 States report to Treasury the total deployment of funds on a quarterly basis and transaction-level detail, including private 

financing, on an annual basis. 
2

SSBCI at Work: Featured Businesses 

Virginia: Creating a Customized Health Experience

Carepac Pharmacy is a 

woman-owned retail 

pharmacy in 

Mechanicsville, Virginia. 

Recognizing the need for 

simple and convenient 

pharmacy services in the 

community, the company 

sought to purchase an 

automated prescription 

filling machine that would 

fill prescriptions based on 

dosage time, and prepare 

individually sealed strip 

packages that consist of all medications needed for the required dosage time. 

As a start-up business, Carepac could not obtain a term loan to finance the automated 

prescription filling machine purchase. However, with support from the SSBCI Cash 

Collateral Program offered by the Virginia Small Business Financing Authority (VSBFA), 

Carepac’s partner bank, EVB, was able to provide the necessary financing. 

“VSBFA involvement was key to structuring the request and getting this deal done,” 

according to Josh Holder, Business Banker at EVB.

Since receiving SSBCI funding, Carepac has created five new jobs and continues to 

provide simple and convenient pharmacy services to the community. 
3

California: Gourmet Cream on Wheels 

Cool Haus, a gourmet ice 

cream business offering 

custom flavors like Polar Berry 

and Salted Carmel, started out 

with one truck in Los Angeles. 

When the CEO and co-founder 

of the company, Natasha Case, 

wanted to purchase a second 

truck and start expanding the 

business she did not qualify for 

conventional financing. Cool 

Haus was less than two years 

old and not yet profitable. 

Cool Haus was referred to Opportunity Fund, a California CDFI that offers small business 

loans. 

With the assistance of CalCAP (California’s capital access program), Opportunity Fund 

was able to provide Cool Haus with a CAP loan of $38,299.17 supported with SSBCI 

funds to purchase equipment for their business. 

According to Natasha, "the loan from Opportunity Fund was the catalyst at a key 

moment in our growth!"

Today, Cool Haus has ten trucks in five cities across the country, employing 55 people. 

Cool Haus also opened an ice cream shop in Culver City and can be found in the freezer 

aisle at more than 800 Whole Foods and natural markets.
4

Alabama: Providing Jobs in Rural and Underserved Communities

Prospect Mining is a founding 

member of the Alabama Coal 

Cooperative (ACC) which sells 

coal exclusively to Alabama 

Power Company.

Prospect Mining planned to 

build a coal washing facility.

Even though this facility would

significantly reduce company 

expenses, lenders were 

reluctant to provide the small 

company with the $5 million needed to complete the construction of this special 

purpose facility.

With a 50% guarantee from the State of Alabama Small Business Credit Initiative 

ServisFirst Bank provided the funds necessary to complete the project and provide the 

necessary permanent financing. The company projects that the construction will be 

completed before the end of next year. 

“We feel this is an excellent investment in an extremely depressed region of our state,” 

said SSBCI Unit Chief W. Howard Wills.

When this project is finished and operational, Prospect Mining estimates that 

approximately 100 jobs will be created or retained. 
5

Puerto Rico: Entrepreneur Diversifies Revenue Stream

Gur-Meat, Inc. is a meat 

processing business that 

produces artisan sausages made 

with local produce. It is owned 

and operated by Mariely Ramos, 

a young woman entrepreneur. 

The company also produces a 

variety of meat cuts, bacon, 

ham, and mashed pumpkin, 

yucca, and other root 

vegetables.

In 2015 Gur-Meat, Inc. needed 

to expand its business; however, as a young company whose primary cash flow came 

from contracts with Puerto Rico’s Department of Education, the company could not 

obtain the financing it needed from traditional lenders. Ms. Ramos turned to the 

Economic Development Bank of Puerto Rico’s (EDB’s) SSBCI small business lending 

program to provide the $700,000 credit line she needed to move the business forward. 

“I have always put first hard work in order to achieve the objectives I set for the 

company when it was incorporated,“ stated Ms. Ramos. With the help of EDB’s SSBCI 

program, she is achieving her objectives.

As a result of the line of credit Gur-Meat, Inc. is increasing its production, diversifying its

client portfolio by adding a number of nongovernment contracts, and creating new jobs 

which are desperately needed in Puerto Rico.
6

West Virginia: Reinventing a State Classic

Mister Bee Potato Chip 

Company was founded in 

West Virginia in 1951. In 

2015, this family-owned 

business was purchased 

by two native West 

Virginians who were 

eager to breathe new life 

into the brand. 

Unfortunately, their new 

company, the West 

Virginia Potato Chip 

Company (WVPCC), had insufficient cash flow to support the financing needed to 

modernize and expand the operations. To save the company the owners turned to the 

West Virginia Capital Access Program (WVCAP) for help.

Using SSBCI funds accessed by The West Virginia Jobs Investment Trust (WVJIT), WVCAP 

made a $250,000 investment that provided the needed cash infusion that allowed the 

company to make capital improvements to the Mister Bee plant, purchase new 

equipment, and kick-off a marketing campaign to reintroduce the brand to the market. 

“The SSBCI program was a perfect fit for this transaction and shares in the success of the 

company,” said Executive Director of WVJIT Andrew Zulauf.

Since the SSBCI investment, WVPCC has introduced several new products. The invested 

SSBCI funds bolstered the value of the company and attracted new investors who 

brought in management and a new multi-state expansion plan. Today, the company 

distributes Mister Bee chips throughout West Virginia, eastern Ohio, southern 

Pennsylvania, and parts of Kentucky.
7

Figure 1.

Figure 2.

$0

$100

$200

$300

$400

$500

$600

$700

$800

$900

$1,000

$1,100

$1,200

$1,300

$1,400

Millions

Disbursements of SSBCI Allocations 

(Cumulative through June 30, 2016)

1st Disbursement 2nd Disbursement 3rd Disbursement

$0

$100

$200

$300

$400

$500

$600

$700

$800

$900

$1,000

$1,100

$1,200

$1,300

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$1,500

Millions

SSBCI Funds Deployed

(Cumulative through June 30, 2016)

Allocation Deployed Recycled Funds Deployed
8

Figure 3.

Figure 4.

* For purposes of calculating percent of allocation deployed (expended, obligated or 

transferred), Treasury does not count any recycled SSBCI funds.

$0

$20

$40

$60

$80

$100

$120

$140

Millions

Recycled

Funds

Deployed

Allocation

Deployed

Top 20 States by Dollars of SSBCI Funds Deployed

(Cumulative through June 30, 2016)

100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 99% 99% 99% 99% 99% 98%

80%

82%

84%

86%

88%

90%

92%

94%

96%

98%

100%

Top 20 States by Percentage of SSBCI Funds Deployed*

(Cumulative through June 30, 2016)
9

Figure 5.

Figure 6.

* For purposes of calculating percent of allocation deployed (expended, obligated or 

transferred), Treasury does not count any recycled SSBCI funds.

$0

$5

$10

$15

$20

$25

$30

$35

$40

$45

Millions

Allocation

and

Recycled

Funds

Deployed

Top 20 States Year Over Year Change 

by Dollars of SSBCI Funds Deployed

50%

40% 40%

30% 27% 26% 25% 24% 23% 22% 21% 20% 20% 20% 18% 17% 17% 14% 13% 11%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

Top 20 States Year Over Year Change 

by Percentage of SSBCI Funds Deployed*
10

Figure 7.

Figure 8.

$42 m

$227 m

$267 m

$443 m

$479 m

$0 $100 $200 $300 $400 $500 $600

CAP

Loan Guarantee

Collateral Support

Venture Capital

Loan Participation

Millions

Funds Allocated by Program Type 

(As of June 30, 2016)

87%

79%

86%

78%

47%

16%

0.5%

14%

44%

0.8%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

110%

Loan Participation Venture Capital Collateral Support Loan Guarantee CAP

Recycled

Funds

Deployed

Allocation

Deployed

Percentage of SSBCI Funds Depoyed by 

Program Type

(Cumulative through June 30, 2016)
11

Figure 9.

* For purposes of calculating percent of allocation deployed (expended, obligated or 

transferred), Treasury does not count any recycled SSBCI funds.

Figure 10.

100100100100100100100100100100100100100100 99 99 99 99 99 98 97 97 97 94 94 94 93 92 91 87 87 87 86 85 84 81 81

79 79 78 78 75 74 72 71 69 67 65 64 63

55 55 55 54 53

32

6 0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

IL

NC

AZ

SC

CO

OR

PR

NH

VT

AR

ID

TN

ND-M

MT

HI

KS

WV

TX

VA

CT

WY-L

MO

MA

MI

NM

OK

AL

NE

KY

IA

ND-C

MI

GA

WA

SD

UT

NY

FL

MN

CA

AK-A

OH

VI

LA

GU

DE

PA

NV

IN

NJ

WI

DC

MD

ME

RI

MP

AS

Percentage of SSBCI Allocation Deployed by State*

(As of June 30, 2016)

$0

$20

$40

$60

$80

$100

$120

$140

$160

$180

IL

NC

AZ

SC

CO

OR

PR

NH

VT

AR

ID

TN

ND-M

MT

HI

KS

WV

TX

VA

CT

WY-L

MO

MA

MI

NM

OK

AL

NE

KY

IA

ND-C

MI

GA

WA

SD

UT

NY

FL

MN

CA

AK-A

OH

VI

LA

GU

DE

PA

NV

IN

NJ

WI

DC

MD

ME

RI

MP

AS

Millions

SSBCI Allocation Amount by State 

(As of June 30, 2016)
12

Appendix A: States Sorted by Percentage of SSBCI Allocation Deployed*

(As of 06/30/2016)

# State Agreement 

Date

Allocated 

Amount**

Original SSBCI 

Allocation Deployed Percent Recycled Funds Deployed

Total Funds 

Deployed***

1 Illinois 7/26/2011 $78,365,264 $78,381,187 100.0% $4,546,750 $82,927,937 

2 North Carolina 5/23/2011 $46,061,319 $46,061,319 100.0% $5,912,274 $51,973,593 

3 Arizona 11/7/2011 $18,204,217 $18,204,217 100.0% $977,577 $19,181,794 

4 South Carolina 7/6/2011 $17,990,415 $17,990,415 100.0% $7,447,959 $25,438,374 

5 Colorado 10/11/2011 $17,233,489 $17,233,489 100.0% $2,932,040 $20,165,529 

6 Oregon 8/29/2011 $16,516,197 $16,516,196 100.0% $616,784 $17,132,980 

7 Puerto Rico 10/6/2011 $14,540,057 $14,540,057 100.0% $6,707,757 $21,247,814 

8 New Hampshire 7/18/2011 $13,168,350 $13,168,350 100.0% $0 $13,168,350 

9 Vermont 5/23/2011 $13,168,350 $13,168,350 100.0% $5,387,409 $18,555,759 

10 Arkansas 10/31/2011 $13,168,350 $13,168,350 100.0% $1,431,815 $14,600,165 

11 Idaho 8/29/2011 $13,136,544 $13,136,544 100.0% $9,108,601 $22,245,145 

12 Tennessee 10/4/2011 $29,672,070 $29,662,602 99.97% $0 $29,662,602 

13 North Dakota, Mandan 8/31/2012 $9,734,641 $9,717,680 99.8% $2,835,733 $12,553,413 

14 Montana 7/18/2011 $12,765,037 $12,715,954 99.6% $0 $12,715,954 

15 Hawaii 5/27/2011 $13,168,350 $13,069,975 99.3% $0 $13,069,975 

16 Kansas 6/28/2011 $13,168,350 $13,048,443 99.1% $1,358,123 $14,406,566 

17 West Virginia 11/18/2011 $13,168,350 $13,020,032 98.9% $1,390,710 $14,410,742 

18 Texas 8/15/2011 $46,553,879 $45,974,397 98.8% $0 $45,974,397 

19 Virginia 8/15/2011 $17,953,191 $17,686,503 98.5% $2,183,292 $19,869,795 

20 Connecticut 7/14/2011 $13,301,126 $13,046,813 98.1% $0 $13,046,813 

21 Wyoming, Laramie 12/4/2012 $13,168,350 $12,778,150 97.0% $0 $12,778,150 

22 Missouri 5/23/2011 $26,930,294 $26,086,999 96.9% $784,101 $26,871,100 

23 Massachusetts 9/13/2011 $20,445,072 $19,813,981 96.9% $3,150,433 $22,964,414 

24 Michigan 7/6/2011 $79,157,742 $74,530,790 94.2% $26,521,191 $101,051,981 

25 New Mexico 10/11/2011 $13,168,350 $12,380,460 94.0% $1,172,962 $13,553,422 

26 Oklahoma 7/18/2011 $13,168,350 $12,335,434 93.7% $0 $12,335,434 

27 Alabama 8/24/2011 $31,301,498 $29,074,297 92.9% $63,973,701 $93,047,998 

28 Nebraska 10/4/2011 $13,168,350 $12,087,579 91.8% $913,156 $13,000,735 

29 Kentucky 7/28/2011 $15,487,998 $14,129,864 91.2% $0 $14,129,864 

30 Iowa 8/30/2011 $13,065,020 $11,413,420 87.4% $0 $11,413,420 

31 North Dakota, 9/28/2012 $3,433,709 $2,975,774 86.7% $300,000 $3,275,774 

32 Mississippi 8/24/2011 $13,168,350 $11,395,750 86.5% $67,750 $11,463,500 

33 Georgia 12/13/2011 $47,808,507 $41,275,099 86.3% $3,884,050 $45,159,149 

34 Washington 10/31/2011 $19,722,515 $16,719,961 84.8% $1,475,000 $18,194,961 

35 South Dakota 9/22/2011 $13,168,350 $11,113,558 84.4% $0 $11,113,558 

36 Utah 9/30/2011 $13,168,350 $10,684,154 81.1% $7,529,573 $18,213,727 

37 New York 9/26/2011 $55,351,534 $44,718,274 80.8% $0 $44,718,274 

38 Florida 8/24/2011 $97,662,349 $77,258,321 79.1% $38,794,954 $116,053,275 

39 Minnesota 9/30/2011 $15,463,182 $12,223,599 79.0% $263,068 $12,486,667 

40 California 5/19/2011 $167,755,641 $130,574,951 77.8% $11,181,655 $141,756,606 

41 Alaska, Anchorage 1/26/2012 $13,168,350 $10,235,861 77.7% $0 $10,235,861 

42 Ohio 9/2/2011 $55,110,020 $41,201,529 74.8% $0 $41,201,529 

43 U.S. Virgin Islands 10/4/2011 $13,168,350 $9,763,665 74.1% $0 $9,763,665 

44 Louisiana 8/24/2011 $12,366,058 $8,852,762 71.6% $1,199,130 $10,051,892 

45 Guam 9/30/2011 $13,168,350 $9,284,778 70.5% $0 $9,284,778 

46 Delaware 7/18/2011 $13,168,350 $9,100,553 69.1% $0 $9,100,553 

47 Pennsylvania 10/6/2011 $28,893,899 $19,297,053 66.8% $907,932 $20,204,985 

48 Nevada 9/30/2011 $13,803,176 $8,949,907 64.8% $0 $8,949,907 

49 Indiana 5/27/2011 $34,339,074 $21,986,136 64.0% $0 $21,986,136 

50 New Jersey 9/22/2011 $33,760,698 $21,108,026 62.5% $575,243 $21,683,269 

51 Wisconsin 9/22/2011 $22,363,554 $12,340,703 55.2% $0 $12,340,703 

52 District of Columbia 8/15/2011 $13,168,350 $7,255,700 55.1% $0 $7,255,700 

53 Maryland 6/2/2011 $23,025,709 $12,639,036 54.9% $0 $12,639,036 

54 Maine 9/6/2011 $13,168,350 $7,150,840 54.3% $0 $7,150,840 

55 Rhode Island 9/6/2011 $13,168,350 $6,991,352 53.1% $0 $6,991,352 

56 Northern Mariana 3/14/2012 $13,168,350 $4,252,857 32.3% $0 $4,252,857 

57 American Samoa 2/14/2012 $10,500,000 $576,178 5.5% $0 $576,178 

TOTAL $1,456,310,045 $1,224,068,226 84.1% $215,530,723 $1,439,598,949 

*Note: SSBCI funds deployed are those legally “expended, obligated, or transferred.”

**Note: The Total Allocated Amount may change from quarter to quarter due to modifications made to individual State allocations.

***Note: Includes funds Expended, Obligated, Transferred or used for Administrative Expenses.
13

Appendix B: States Sorted by Dollars of SSBCI Allocation Deployed*

(As of 06/30/2016)

# State Agreement 

Date

Allocated 

Amount**

Original SSBCI 

Allocation Deployed Percent Recycled Funds Deployed

Total Funds 

Deployed***

1 California 5/19/2011 $167,755,641 $130,574,951 77.8% $11,181,655 $141,756,606 

2 Florida 8/24/2011 $97,662,349 $77,258,321 79.1% $38,794,954 $116,053,275 

3 Michigan 7/6/2011 $79,157,742 $74,530,790 94.2% $26,521,191 $101,051,981 

4 Alabama 8/24/2011 $31,301,498 $29,074,297 92.9% $63,973,701 $93,047,998 

5 Illinois 7/26/2011 $78,365,264 $78,381,187 100.0% $4,546,750 $82,927,937 

6 North Carolina 5/23/2011 $46,061,319 $46,061,319 100.0% $5,912,274 $51,973,593 

7 Texas 8/15/2011 $46,553,879 $45,974,397 98.8% $0 $45,974,397 

8 Georgia 12/13/2011 $47,808,507 $41,275,099 86.3% $3,884,050 $45,159,149 

9 New York 9/26/2011 $55,351,534 $44,718,274 80.8% $0 $44,718,274 

10 Ohio 9/2/2011 $55,110,020 $41,201,529 74.8% $0 $41,201,529 

11 Tennessee 10/4/2011 $29,672,070 $29,662,602 99.97% $0 $29,662,602 

12 Missouri 5/23/2011 $26,930,294 $26,086,999 96.9% $784,101 $26,871,100 

13 South Carolina 7/6/2011 $17,990,415 $17,990,415 100.0% $7,447,959 $25,438,374 

14 Massachusetts 9/13/2011 $20,445,072 $19,813,981 96.9% $3,150,433 $22,964,414 

15 Idaho 8/29/2011 $13,136,544 $13,136,544 100.0% $9,108,601 $22,245,145 

16 Indiana 5/27/2011 $34,339,074 $21,986,136 64.0% $0 $21,986,136 

17 New Jersey 9/22/2011 $33,760,698 $21,108,026 62.5% $575,243 $21,683,269 

18 Puerto Rico 10/6/2011 $14,540,057 $14,540,057 100.0% $6,707,757 $21,247,814 

19 Pennsylvania 10/6/2011 $28,893,899 $19,297,053 66.8% $907,932 $20,204,985 

20 Colorado 10/11/2011 $17,233,489 $17,233,489 100.0% $2,932,040 $20,165,529 

21 Virginia 8/15/2011 $17,953,191 $17,686,503 98.5% $2,183,292 $19,869,795 

22 Arizona 11/7/2011 $18,204,217 $18,204,217 100.0% $977,577 $19,181,794 

23 Vermont 5/23/2011 $13,168,350 $13,168,350 100.0% $5,387,409 $18,555,759 

24 Utah 9/30/2011 $13,168,350 $10,684,154 81.1% $7,529,573 $18,213,727 

25 Washington 10/31/2011 $19,722,515 $16,719,961 84.8% $1,475,000 $18,194,961 

26 Oregon 8/29/2011 $16,516,197 $16,516,196 100.0% $616,784 $17,132,980 

27 Arkansas 10/31/2011 $13,168,350 $13,168,350 100.0% $1,431,815 $14,600,165 

28 West Virginia 11/18/2011 $13,168,350 $13,020,032 98.9% $1,390,710 $14,410,742 

29 Kansas 6/28/2011 $13,168,350 $13,048,443 99.1% $1,358,123 $14,406,566 

30 Kentucky 7/28/2011 $15,487,998 $14,129,864 91.2% $0 $14,129,864 

31 New Hampshire 7/18/2011 $13,168,350 $13,168,350 100.0% $0 $13,168,350 

32 Hawaii 5/27/2011 $13,168,350 $13,069,975 99.3% $0 $13,069,975 

33 Connecticut 7/14/2011 $13,301,126 $13,046,813 98.1% $0 $13,046,813 

34 Nebraska 10/4/2011 $13,168,350 $12,087,579 91.8% $913,156 $13,000,735 

35 Wyoming, Laramie 12/4/2012 $13,168,350 $12,778,150 97.0% $0 $12,778,150 

36 New Mexico 10/11/2011 $13,168,350 $12,380,460 94.0% $1,172,962 $13,553,422 

37 Montana 7/18/2011 $12,765,037 $12,715,954 99.6% $0 $12,715,954 

38 Maryland 6/2/2011 $23,025,709 $12,639,036 54.9% $0 $12,639,036 

39 North Dakota, Mandan 8/31/2012 $9,734,641 $9,717,680 99.8% $2,835,733 $12,553,413 

40 Minnesota 9/30/2011 $15,463,182 $12,223,599 79.0% $263,068 $12,486,667 

41 Wisconsin 9/22/2011 $22,363,554 $12,340,703 55.2% $0 $12,340,703 

42 Oklahoma 7/18/2011 $13,168,350 $12,335,434 93.7% $0 $12,335,434 

43 Mississippi 8/24/2011 $13,168,350 $11,395,750 86.5% $67,750 $11,463,500 

44 Iowa 8/30/2011 $13,065,020 $11,413,420 87.4% $0 $11,413,420 

45 South Dakota 9/22/2011 $13,168,350 $11,113,558 84.4% $0 $11,113,558 

46 Alaska, Anchorage 1/26/2012 $13,168,350 $10,235,861 77.7% $0 $10,235,861 

47 Louisiana 8/24/2011 $12,366,058 $8,852,762 71.6% $1,199,130 $10,051,892 

48 U.S. Virgin Islands 10/4/2011 $13,168,350 $9,763,665 74.1% $0 $9,763,665 

49 Guam 9/30/2011 $13,168,350 $9,284,778 70.5% $0 $9,284,778 

50 Delaware 7/18/2011 $13,168,350 $9,100,553 69.1% $0 $9,100,553 

51 Nevada 9/30/2011 $13,803,176 $8,949,907 64.8% $0 $8,949,907 

52 District of Columbia 8/15/2011 $13,168,350 $7,255,700 55.1% $0 $7,255,700 

53 Maine 9/6/2011 $13,168,350 $7,150,840 54.3% $0 $7,150,840 

54 Rhode Island 9/6/2011 $13,168,350 $6,991,352 53.1% $0 $6,991,352 

55 Northern Mariana 3/14/2012 $13,168,350 $4,252,857 32.3% $0 $4,252,857 

56 North Dakota, 9/28/2012 $3,433,709 $2,975,774 86.7% $300,000 $3,275,774 

57 American Samoa 2/14/2012 $10,500,000 $576,178 5.5% $0 $576,178 

TOTAL $1,456,310,045 $1,224,068,226 84.1% $215,530,723 $1,439,598,949 

*Note: SSBCI funds deployed are those legally “expended, obligated, or transferred.”

**Note: The Total Allocated Amount may change from quarter to quarter due to modifications made to individual State allocations.

***Note: Includes funds Expended, Obligated, Transferred or used for Administrative Expenses.