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United States Congress House Affairs:

Veterans Small Business Loans: Hearing Before the Subcommittee on Housing and Memorial Affairs of the Committee on Veterans Affairs, House of Representatives, One Hundred Third Congress, First Session, May 13, 1993 (Classic Reprint) (Paperback) - Paperback

2015, ISBN: 1330497732

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Veterans Small Business Loans: Hearing Before the Subcommittee on Housing and Memorial Affairs of the Committee on Veterans Affairs, House of Representatives, One Hundred Third Congress, First Session, May 13, 1993 (Classic Reprint) - Paperback

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Veterans Small Business Loans: Hearing Before the Subcommittee on Housing and Memorial Affairs of the Committee on Veterans Affairs, House of ... First Session, May 13, 1993 (Classic Reprint) - Paperback

2015, ISBN: 1330497732

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Veterans Small Business Loans Hearing Before the Subcommittee on Housing and Memorial Affairs of the Committee on Veterans Affairs, House of Representatives, One Hundred Third Congress, First Session, May 13, 1993 (Classic Reprint) - new book

2015, ISBN: 1330497732

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Veterans Small Business Loans: Hearing Before the Subcommittee on Housing and Memorial Affairs of the Committee on Veterans Affairs, House of Representatives, One Hundred Third Congress, First Session, May 13, 1993 (Classic Reprint)

Excerpt from Veterans Small Business Loans: Hearing Before the Subcommittee on Housing and Memorial Affairs of the Committee on Veterans Affairs, House of Representatives, One Hundred Third Congress, First Session, May 13, 1993

House of Representatives, Subcommittee on Housing and Memorial Affairs, Committee on Veterans Affairs, Washington, DC. The subcommittee met, pursuant to call, 9:39 a.m., in room 334, Cannon House Office Building, Hon. George E.Sangmeister (chairman of the subcommittee) residing. Present: Representatives Sangmeister, Bishop and Spence. Opening Statement Of Chairman Sangmeister Mr. Sangmeister. Good morning. Members will be coming and going. It is obviously one of those days again. I was also informed that we are now going to be in session at 10 oclock this morning. So we are going to have to work around any recorded vote calls that may come at that time. The subcommittee will come to order. I am pleased to welcome all of our witnesses to explore and discuss a small business loan program for veterans. I look forward to hearing the views of the Va, the Sba, financial institutions and, of course, the veterans organizations. While the Department of Veterans Affairs had a direct loan program authorized by Public Law97-72, funds were never appropriated, and no loans were ever made or guaranteed. It is my understanding that the Sba actually administered a small business loan program specifically for veterans from existing appropriated funds. Yet the subcommittee has never heard from the veterans and the service organizations expressing the view that the veterans are not adequately served in their efforts to obtain loans to start small businesses. I am hopeful that from this hearing, the subcommittee will gain insight into this perception. Simply, what we want to know, is this fact or is it fiction. A review of Va and Sba statistics indicates that the average Sba loan is for$242, 000, and only 11 percent of the Sba loans are under$100, 000. Let me emphasize that the draft proposal today seeks to target veterans that desire loans under$100, 000. One could argue that these very loan accounts are currently underserved by the Sba. Such numbers are disturbing when one considers that veterans comprise 20 percent of the small business population, and yet they receive less than 14 percent of the Sba loans.

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Details of the book - Veterans Small Business Loans: Hearing Before the Subcommittee on Housing and Memorial Affairs of the Committee on Veterans Affairs, House of Representatives, One Hundred Third Congress, First Session, May 13, 1993 (Classic Reprint)


EAN (ISBN-13): 9781330497739
ISBN (ISBN-10): 1330497732
Paperback
Publishing year: 2015
Publisher: Forgotten Books

Book in our database since 2017-10-04T06:23:50+01:00 (London)
Detail page last modified on 2022-12-27T09:39:43+00:00 (London)
ISBN/EAN: 9781330497739

ISBN - alternate spelling:
1-330-49773-2, 978-1-330-49773-9
Alternate spelling and related search-keywords:
Book title: business affairs, 1993


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