On September 27, 2010, President Obama signed into law the Small Business Jobs Act of 2010, establishing the SBLF. SBLF is a fund created to provide capital to community banks with incentives to stimulate small business lending and, as a result, promote job creation and economic growth within communities. In addition to statutory eligibility requirements, participation in the SBLF program was restricted to financially viable institutions that were adequately capitalized and not expected to become under-capitalized, and not expected to be placed into conservatorship or receivership.