SBA Fiscal Year 1997 Budget: Hearing Before the Committee on Small Business, House of Representatives, One Hundred Fourth Congress, Second Session, Washington, DC, March 21, 1996, Volume 4 |
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Common terms and phrases
504 debentures 504 program Administration's Administrator Lader Agency analysis assets assumptions banks basis points believe BICS borrowers budget request business loan Centers Certified Development Companies Chair MEYERS changes commercial Congress continue credit subsidy default rates disaster loan economic FASTRAK Federal fees financing fiscal year 1997 funding FY 1997 budget GLENN POSHARD goals GPRA growth improve increase industry interest rate investors LAFALCE lending program leverage liquidation loan guarantees loan portfolio loan programs long-term loss rate Low Doc Program LUECKENOTTE Madam Chair March 21 Microloan million NAGGL Office participating securities performance PHILIP LADER prepayment President private capital private sector proposal RAFFERTY recovery rate reduced regulations regulatory reinvention resource partners SBA 7(a SBA loan SBA's SBIC program Small Business Administration small business community small business owners standards streamlining subsidy costs Surety Bond taxpayers TORKILDSEN Treasury Treasury securities U.S. SMALL BUSINESS
Popular passages
Page 57 - Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs.
Page 53 - For this reason, the disaster loan program is the only form of SBA assistance not limited to small businesses. Disaster loans from the SBA help homeowners, renters, businesses of all sizes and nonprofit organizations fund rebuilding.
Page 55 - ... Centers and 12,500 Service Corps of Retired Executives (SCORE) volunteers to provide counseling, training and other resources with SBA's financial programs Small Business Development Centers The Small Business Development Center (SBDC) Program operates nearly 1,000 centers in all parts of the country to foster economic development through the provision of management, technical and research assistance to the nation's small businesses. SBDCs are partially funded from Federal appropriations, using...
Page 48 - ... to develop such specific and comprehensive recommendations for executive and legislative action as may be appropriate for maintaining and encouraging the economic viability of small business and, thereby, the Nation; and to review the status of recommendations adopted at the 1986 White House Conference on Small Business.
Page 53 - For this reason, the program is the only form of SBA assistance not limited to small businesses. Disaster loans from the SBA help homeowners, renters, businesses of all sizes and non-profit organizations fund rebuilding. The SBA's disaster loans are often the lifeline in disaster-ravaged communities, helping to spur employment and stabilize the tax base. During the program's 41 years, the SBA has approved more than 1.23 million disaster loans worth $25 billion to victims of physical disasters.
Page 56 - BICs combine the latest computer technology, hardware and software, an extensive small business reference library of hard copy books and publications and management videotapes to help entrepreneurs plan their business, expand an existing business or venture into new business areas. The use of software for a variety of business applications offers customers of all types a means of addressing diverse needs.
Page 56 - Shoos This initiative combines several of SBA's economic resources into a single program to be used in tandem with Empowerment Zones and Enterprise Communities. Combining the delivery of the Agency's financial and business development programs at one location provides more user-friendly and streamlined approach to servicing our customers. SBA is requesting $2.7 million for the One-Stop Capital Shops for FY 1997. SMALL BUSINESS ADVOCACY Government Contracting and Minority Enterprise Development Through...
Page 56 - FY 1997 level of $3.3 million. SCORE counsels and trains the largest number of start-up business owners each year. Through one-on-one counseling and workshops conducted by 12,500 volunteers, SCORE reaches approximately 350,000 business owners annually, and because the program utilizes volunteers, the program represents one of the best bargains for the taxpayer in terms of expenditures compared to services delivered. Women's Business Centers The...
Page 59 - SBA's OIG, as an independent office within the SBA, conducts and supervises audits and investigations of SBA programs and operations. This office also detects and prevents fraud, waste and abuse, and promotes policies for improvement of economy, efficiency, and effectiveness, in the administration of SBA programs and operations. The Agency requests a S10.6 million funding level as SBA begins to place greater responsibility on its lenders for loan servicing and liquidations Increased OIG and SBA oversight...
Page 101 - I appreciate the opportunity to be here today on behalf of the National Association of Small Business Investment Companies (NASBIC), the association representing the SBIC industry.