S. 2873, to Provide SBA Loans to Small Businesses in the Communications Industry: Hearing Before the Subcommittee on Government Procurement of the Select Committee on Small Business, United States Senate, Ninety-sixth Congress, Second Session, on S. 2873 ... July 24, 1980

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Page 1 - Act is amended by 4 adding at the end thereof the following new section: 5 "EXPENDITURES TO CORRECT OR COMPENSATE FOR SUB6 BTANTIAL DEFECTS IN CERTAIN MORTGAGED PROPERTIES T . "SEC.
Page 3 - ... general policies (particularly with reference to the public interest involved in the granting and denial of applications for financial assistance by the Administration and with reference to the coordination of the functions of the Administration with other activities and policies of the Government), which shall govern the granting and denial of applications for financial assistance by the Administration.
Page 27 - SBA would thus avoid any appearance of governmental interference with freedom of expression. On January 27, 1978, however, SBA modified its policy to include loans to the electronic media (radio and TV), but continued to exclude the print media, books, newspapers, magazines, etc., without acknowledging a basic inconsistency. The stated SBA position is to avoid government interference, or the appearance thereof, with the constitutionally protected freedoms of speech and press. We contend that SBA...
Page 30 - ... cooperative, including a farm cooperative, which meets the qualifications and requirements under § 122.9, of this chapter. Consumer cooperatives are not eligible. An otherwise eligible small business concern will not become ineligible because it is owned in whole or in part by a nonprofit organization. (4) If the applicant is engaged in the creation, origination, expression, dissemination, propagation, or distribution of ideas, values, thoughts, opinions or similar intellectual property, regardless...
Page 27 - ... raises precisely those constitutional questions which the SBA has been professedly trying to avoid. The number of active book publishers serving national and international markets is now greater than ever before in our history. Good books have never been in more plentiful supply and have never reflected greater diversity of subject matter or treatment. By every significant measure, book publishing has experienced uninterrupted growth for at least 45 years. The number of publishing establishments...
Page 5 - The general rule is that, in the oft quoted words of Lord Blackburn, the measure of damages is to be, as far as possible, that amount of money which will put the injured party in the same position he would have been in had he not sustained the wrong: Livingstone v.
Page 5 - SBA-licensed companies which supply equity capital and long-term loan financing to small firms for expansion, modernization, and sound financing of their operations. They may also provide management assistance. SBIC's must operate within SBA regulations but their transactions with small companies are private arrangements and have no connection with SBA.
Page 24 - SBA without mandate from Congress in the belief that SBA would thus avoid any appearance of governmental interference with freedom of expression. On January 27, 1978, however, SBA modified its policy to include loans to the electronic media (radio and TV), but continued to exclude the print media, books, newspapers, magazines, etc.
Page 23 - Hotels, rooming houses, camps, and other lodging places: 7011: Hotels, motels, and tourist courts 50 $2 million gross $1 million gross $3 million gross receipts.
Page 5 - The disaster loan program is based upon a theory of restitution to restore to an injured party that which was lost due to circumstances beyond its control.

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