Participants In Sbas Microloan Program Could Provide Understanding Of Recovery Act Fund Uses And Expected Outcomes

Author :
Publisher : DIANE Publishing
ISBN 13 : 1437941869
Total Pages : 40 pages
Book Rating : 4.69/5 ( download)

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Download or read book Participants in SBA’s Microloan Program Could Provide Understanding of Recovery Act Fund Uses and Expected Outcomes written by and published by DIANE Publishing. This book was released on with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : United States Government Accountability Office
Publisher : Createspace Independent Publishing Platform
ISBN 13 : 9781983737084
Total Pages : 40 pages
Book Rating : 4.89/5 ( download)

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Download or read book Participants in SBA's Microloan Program Could Provide Additional Information to Enhance the Public's Understanding of Recovery Act Fund Uses and Expected Outcomes written by United States Government Accountability Office and published by Createspace Independent Publishing Platform. This book was released on 2018-01-11 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: Participants in SBA's Microloan Program Could Provide Additional Information to Enhance the Public's Understanding of Recovery Act Fund Uses and Expected Outcomes

Author : William B. Shear
Publisher :
ISBN 13 :
Total Pages : 38 pages
Book Rating : 4.51/5 ( download)

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Download or read book Participants in SBA's microloan program could provide additional information to enhance the public's understanding of Recovery Act fund uses and expected outcomes written by William B. Shear and published by . This book was released on 2010 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : Office, U.s. Government Accountability
Publisher :
ISBN 13 : 9781974625369
Total Pages : 40 pages
Book Rating : 4.62/5 ( download)

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Download or read book Participants in Sbas Microloan Program Could Provide Additional Information to Enhance the Publics Understanding of Recovery Act Fund Uses and Expected Outcomes written by Office, U.s. Government Accountability and published by . This book was released on 2017-08-17 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: Participants in SBAs microloan program could provide additional information to enhance the publics understanding of Recovery Act fund uses and expected outcomes~...

Author : Cornelia M. Ashby
Publisher : DIANE Publishing
ISBN 13 : 1437944752
Total Pages : 83 pages
Book Rating : 4.54/5 ( download)

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Download or read book Recovery Act written by Cornelia M. Ashby and published by DIANE Publishing. This book was released on 2011-05 with total page 83 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report, one in a series on the uses of and accountability for Recovery Act (RA) funds in selected states and localities, comments on recipients' reports of the jobs created and retained. The RA provided $2.1 billion for Head Start and Early Head Start, primarily to expand services. This report addressed four questions: (1) How have Head Start and Early Head Start grantees used RA funds, including for expanding enrollment? (2) What challenges have grantees encountered in spending RA funds? (3) How has the Office of Head Start monitored the use of RA funds? (4) How has the quality of jobs data reported by RA recipients, particularly Head Start grantees, changed over time? Charts and tables. This is a print on demand publication.

Author : Congressional Research Congressional Research Service
Publisher : CreateSpace
ISBN 13 : 9781505875133
Total Pages : 24 pages
Book Rating : 4.37/5 ( download)

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Download or read book Small Business Administration Microloan Program written by Congressional Research Congressional Research Service and published by CreateSpace. This book was released on 2014-12-22 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Small Business Administration's (SBA's) Microloan program provides direct loans to qualified nonprofit intermediary lenders who, in turn, provide "microloans" of up to $50,000 to small business owners, entrepreneurs, and nonprofit child care centers. It also provides marketing, management, and technical assistance to microloan borrowers and potential borrowers. The program was authorized in 1991 as a five-year demonstration project and became operational in 1992. It was made permanent, subject to reauthorization, in 1997. The SBA's Microloan program is designed to assist women, low-income, veteran, minority entrepreneurs and small business owners, and other individuals possessing the capability to operate successful business concerns by providing them small-scale loans for working capital or the acquisition of materials, supplies, or equipment. In FY2014, Microloan intermediaries provided 3,919 microloans totaling $55.7 million. The average Microloan was $14,210 and had a 7.54% interest rate. Critics of the SBA's Microloan program argue that it is expensive relative to alternative programs, duplicative of the SBA's 7(a) loan guaranty program, and subject to administrative shortfalls. The program's advocates argue that it assists many who otherwise would not be served by the private sector and is an important source of capital and training assistance for low-income, women, and minority business owners. Congressional interest in the Microloan program has increased in recent years, primarily because microloans are viewed as a means to assist very small businesses, especially women- and minority-owned startups, to get loans that enable them to create and retain jobs. Job creation, always a congressional interest, has taken on increased importance given continuing concerns about job growth during the current economic recovery. This report opens with a discussion of the rationale provided for having a Microloan program, describes the program's eligibility standards and operating requirements for lenders and borrowers, and examines the arguments presented by the program's critics and advocates. It then discusses P.L. 111-240, the Small Business Jobs Act of 2010, which increased the Microloan program's loan limit for borrowers from $35,000 to $50,000, and the aggregate loan limit for intermediaries after their first year of participation in the program from $3.5 million to $5 million. The act also authorized the SBA to waive, in whole or in part through FY2012, the nonfederal share requirement for loans to the Microloan program's intermediaries and for grants made to Microloan intermediaries for small business marketing, management, and technical assistance for up to a fiscal year. The report also discusses several bills introduced in the 113th Congress. H.R. 3191, the Expanding Opportunities to Underserved Businesses Act, would have increased the Microloan program's loan limit for borrowers from $50,000 to $75,000. S. 2487, the Access to Capital, Access to Opportunity Act, would have increased that limit to $100,000. S. 2693, the Women's Small Business Ownership Act of 2014, would have, among other provisions, increased the Microloan program's aggregate loan limit for intermediaries after their first year of participation in the program from $5 million to $7 million. The bill would have also removed the requirements that no more than 25% of Microloan technical assistance grant funds may be used to provide information and technical assistance to prospective borrowers and that no more than 25% of those funds may be used on third-party contracts for the provision of technical assistance.

Author : United States. Congress. House. Committee on Small Business
Publisher :
ISBN 13 :
Total Pages : 32 pages
Book Rating : 4.96/5 ( download)

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Download or read book Full Committee Markup on Views and Estimates of the SBA Budget for Fiscal Year 2010 written by United States. Congress. House. Committee on Small Business and published by . This book was released on 2009 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author :
Publisher :
ISBN 13 :
Total Pages : 156 pages
Book Rating : 4.48/5 ( download)

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Download or read book Microloan Demonstration Program written by and published by . This book was released on 1995 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : United States. Congress. House. Committee on the Budget
Publisher :
ISBN 13 :
Total Pages : 304 pages
Book Rating : 4.8M/5 ( download)

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Download or read book Views and Estimates of Committees of the House (together with Supplemental and Minority Views) on the Congressional Budget for Fiscal Year ... written by United States. Congress. House. Committee on the Budget and published by . This book was released on 2009 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author :
Publisher :
ISBN 13 :
Total Pages : 304 pages
Book Rating : 4.14/5 ( download)

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Download or read book Views and Estimates of Committees of the House (With Additional, Supplemental, and Minority Views)..., May 2009, 111-1 Committee Print, Serial No. CP-1 written by and published by . This book was released on 2009 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: