Stimulus Spending In Forsyth County

Ken AshfordEconomy & Jobs & Deficit, Local InterestLeave a Comment

I don't want to create problems for anyone, but $221,000 seems like an awfully big chunk of stimulus money to go to a psychiatrist's office (Christopher Spaulding PSY.D). [Source]

Recovery.gov states that the purpose of the loan was:

TO ASSIST SMALL BUSINESS CONCERNS BY PROVIDING LONG TERM FINANCING THROUGH THE SALE OF DEBENTURES TO THE PRIVATE SECTOR

and also says there was a separate $6,000 loan. 

I think that's the largest stimulus award from the Small Business Adminstration to a Forsyth business.  It's probably legit, but I'm not sure it will stimulate that many jobs — it looks like a one-person (plus staff) operation.