Veterans Small Business Loans. Excerpt. House of Representatives, Subcommittee on Housing and Memorial Affairs, Committee on Veterans Affairs, Washington, DC. The subcommittee met, pursuant to call, 9: 3. 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. 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 1. Maryland allocates $11.1 million for small business loans. Maryland Department of Veterans Affairs. The Maryland Department of Business and Economic Development. The United States Department of Veterans Affairs. Homeless Veterans Program: www.va.gov/homeless/index.asp. Small Business Administration’s. Disabled Veteran Business Enterprise Advisory Council. California Department of Veterans Affairs. The Department of Veteran Affairs' Vocational Rehabilitation and Employment. The Department of Veterans Affairs Veteran Benefits Administration Vocational. The Small Business Administration has loan programs for which a. Veteran Owned Small Business and Maryland State Procurement. Owned Small Business No-Interest Loan Program – The Maryland Department of Commerce, in consultation with the Maryland Department of Veterans Affairs. 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 Law. 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$2. Sba loans are under$1. Let me emphasize that the draft proposal today seeks to target veterans that desire loans under$1. One could argue that these very loan accounts are currently underserved by the Sba. Such numbers are disturbing when one considers that veterans comprise 2. Sba loans. Book Details. PIBN1. 00. 69. 89. ISBN9. 78- 1- 3. 30- 4. Language. English. Category. General. Pages. 12. 9Words. Vocabulary. 27. 02. Books you might also like..
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