(Washington, DC)  --  The U.S. Treasury announces funding allocations today to support small business lending across the country.  Michigan's piece of the lending pie comes to just over 79-million dollars.  In order to qualify for the money, states are required to demonstrate the ability to bring in ten dollars of private lending for every one dollar in federal funding.  All tolled, the one-point-five-billion-dollar commitment on the part of the federal government is expected to support 15-billion dollars in additional private lending. 

-Metro Source