corp., and who is liable, for whose borrowing the money? >> as a micro lender, we expect the principles, the corporate form, to provide guarantees. >> personal guarantees. >> the same. 20% ownership in the company. [inaudible] >> [inaudible] >> i heard something about sba guaranteed loans. maybe i missed something. does that have to do with the sba guaranteeing the entity? >> the question on the sba

guaranteeing a entity as the order of the business, whether it is a corporation or partnership, for any small business lending, you should expect to be guaranteeing that long personally. as a small-business owner, from a lender's point of view, we want to see that you are as invested in the business as you are asking the bank to be. the idea that non recourse loans, the way you describe it, loans that you get without having yourself personally liable is not the way it works. you should assume you will guarantee the loan regardless of the structure of your business. the good news, though, for businesses like you are describing, internet business, is that the capital requirements for that type of business is

generally small. you are able to get yourself further along and share in revenues with a smaller amount of credit need. that is where we see a lot of businesses and personal service or internet business get started, and generate revenues and be able to show growth without needing any capital, like a brick and mortar business might. >> my name is terry said. i have a retail business in san francisco for 22 years. i have a 5 04 -- 504 loan. it took me three years to get. we need more capital. i tried to get a line of credit from wells capital. i was decline. where does someone like myself go? i have a loan, i need additional funding. >> did you try through the sba?

>> i already have an sba loan. i went to wells fargo for a line of credit and they would not give me one. >> i can speak to you about it. when we look at funds that are needed, the biggest thing we look at our cash flow. i can address that with you. unless there is an issue, at that point -- [inaudible] >> let's talk, ok. >> i have a couple of more questions. i know that the panelists have agreed to stay after for those who have specific questions. i do have one question for wells fargo.

what are the typical rules for applying for sba loan of less than $50,000? how much money do we need to have in your bank to apply for a loan? >> i am on the smaller side of the bank. i am a transaction guy. i do not technically require one to have an account to do a loan with. what i look for, i generally start at 100,000 and up. when it is a requirement of 50,000 or less, i tend to call of the micro guys to help me out. that is right in their box. for us, the capacity for us to do the smaller side is not there as much as it is for them.

on getting a loan through my side of the bank, i do not require an account to do that. we would like to have it, but i do not require it. >> last question for the opportunity fund and a critic representative. are you a cdfi? is san francisco and s.p.a. in support of cdfi's being established in san francisco? >> yes, we are. we were founded in 1999 with a small business loan. that is how we started our tenderloin office. >> opportunity fund is a certified cdfi, so we are providing a benefit to low and moderate-income communities.

he is the city establishing support for new cdfi's? >> mark wanted to address that, in support of cdfi's in the city. >> we have a wealth of partners in the city. s.p.a. is just now rolling out a program for r -- will be the case by the summer. let me get one last point and on the question about relationships to lenders. the question was, do have to have an account with a bank in order to get a loan? may answer is no, but the real answer to it is certainly want to do that. one of the things we see as an important thing for you, as a small-business person to

establish a relationship with a lender on a variety of levels before you look for funding. part of that is opening an account with them, letting a lender know about your business, understand your business, talk to them as you are growing your business. when the economy is strong, all lenders are shopping for transactions. in times are tough on credit, you want to rely on those deeper liberation ships with your lender. you want to develop a relationship with a lender. it is the case where you want to open up an account, while to have another bank services that you want to have a relationship with your lender with it because when you go to them for any loan requests, you want them to know about your business and feel like they are a partner of yours, not just that you are shopping them. if you are shopping, you are just looking for the best deal from them, rather than a long-

term relationship. >> i want to thank everyone for coming. hopefully, you have all signed up for our updates. we are going to be hosting these on a regular basis. the next two coming up will focus on becoming a government contractor, how your small business can partner with the government. the next one will also be on how to grain your business, with tax -- green your business, tax credits available with that. for non-profit, charitable organizations, we have a workshop coming up. that is helpful for those of you who are looking to access the committee on a durable basis. >> also, on behalf of leader

pelosi, i want to thank our panel and her staff. we are tenants in this building. i apologize for the security situation that happened upstairs. if you have concerns about it, please come and see me. i would like to convey those to the landlord here so that it does not happen again. thank you. >> welcome to a special edition

of main stage. the first anniversary. time to look back at one year of great performances from the stage of san francisco's main library. we will key the authors, poets and playwrights, the story tellers and the photographers and hear music brought to our stage from 4 continents. we will also meet some of the people that help bring the performances from the coet auditorium to your television screen. time to celebrate, main stage year 1. >> 3 cups of tea with each other. >> doesn't anybody care? >> i have been on the river for 7 days...

>> our first performance is one of our most popular on line videos. the dance company around the bay area and around the world. educating audiences of the culture of north india. the movement of a cottic dance. [music] [music] [applause].

[music] [music]

only 5 years the festival has established itself as the premiere over view of san francisco's lively literary scene. the week long event draws 10,000 people to the city's book stores, night clubs and of course it's libraries. here in the coret auditorium. 2 days of reading. show casing 50 writers from all walks of life. the event was like speed dating to find the next companion for

your night stand. >> i'm paying this woman more than a hundred bucks an hour and she's laughing at me. this should tick me off but it seems to put me at ease. let me make sure i'm following this one. you lost a guy you were tracking in your rear view mirror. you are convinced you did the guy in. well, yeah, i guess. it sounds stupid when she throws it back and i get what she's doing. trying to make me recognize the obsurdity of what i'm telling her. you don't you killd that guy? >> i could have. >> right and his body bounced 3 blocks where it landed on a hypodermic needle. >> when i was your age, only the rich girls had parties. i dreamed this this day since

the daughter told me you would be a little girl. she pinched my cheeks. everything will be fine, you see. i saw something tighten in my chest the way i saw her gazing out at the party. highway could i say, no? okay mom, i knew i would regret this. >> of course not i understand democracy is people power the people chose whom they want. our education system has been gutted the president says our childrens has not been doing. people get the news from the few new outlets. josh, are you saying you will believe in democracy once people catch up to you? >> of course, not. brian, you know i'm a mess. i say i will believe in democracy when the people catch up to you because you are a

substantial person. and i don't understand how this happened we started so similarly, brian and i. 2 east coast jews. both studied at princeton and studied under the same political theorists. here we are 2 guys in our shared park in berkeley my son the same age as his daughter. why out of the 2 of us only one has bottom an adult. >> i'm never getting married. she sank back against the ground. i sat then next to her i could smell fabric softener. >> this is nothing hoeky about loving something with all your

heart. that's not how anyone has loved me. that's why they leave me. i'm everyone's good luck charm but mine. >> she was right. there was nothing hoeky about a great love to span a lifetime. >> love struck couples staring into each other's eyes. waitress with tired legs waiting for the end of her shift receives a visit from johnitto. he turns, one last time to the faces above the steaming plates before he's out. into the neon lit street leaving behind a trail of rose petals, dark as sacrificial hearts. >> if we killed you now, if we took aim for your belly with our cross bow or laser sight and

pulled a trigger or let a tipped arrow rip through the night air, there would not be a story to tell. so, while we lay and wait for you to appear, chewing the fat, lit up on beer. lit up on the last of the evening light, we will honor ~ess you in speech laszo you with language and make you bleat like the common peg you were. >> one of my favorites lines. we are spending a lot of time studied enequalities in algebra which makes sense, >> we have a wide range of forces that we call upon. and we try to respond to the diverse community throughout san

francisco. we may partner with cultural organizations. we support literary organizations and lit quake that we do annualy. we might be promoting an author reading who is on a national book tour. there is just a wide range. and oftentimes we go out to the community and seek the partn partnerships or they might approach us with an idea for an event or program. as well as we have active community minded staff throughout the library who have a wealth of resources and ideas at their finger tips. they often bring ideases and from that we create programs. >> that was a really great program. that came to us as a lot of events and programs do through our book seller community. bo and our staff worked to bring

poets and writers for a wonderful program. we had over a hundred people that attend third degree event in the auditorium. from that, bo is continuing to do work toward the knobby street project today. >> on march fifth 2007 a car bomb was exexploded in baghdad, more than 30 people were killd and more than a hundred were wounded. this local is the historic center of baghdad book selling. a winding street filled with book stores and out door book stalls. named after the famous 10th century arab poet, this is an old and established street for book selling and has been for hundreds of years. book selling on this street is

no different from book selling here. we traffic in memory, ideas and dreams. in that sense we feel the street starts at the front door of all of our book shops. monthknabe street starts here. >> just before the street was eviscerated by a searing length of deaths and despair, delusion and destruction that destroyed more than the 30 lives. twisted more than the 100 souls who were bent and crippled amidst it's rage. just before the moment you were the proclamation, the prayer as they summoned and swore laugh, controlled, denied and affirmed. did you hear the words as they fell. for 2,000 years we have. what do you think. this says, map, border,

resistance. truth. spirit, faith. doctrine, domaine. love, free, open, winds, cut. did you here the euphony of the street like birds among the fluttering leaves of their books and newspapers as they addressed if not solved, defined if not created the problems and the promise of tomorrow? did you hear the explosion, the screech, the howl the scream. did you even know? >> the photograph. the photograph was of an iraqi boy on the front page of the new york times. he sat at the edge of the truck. 8 or 9 years old. surrounded by his family. his father, mother and 5 siblings were asleep. his head was buried in his

hands. all the clouds of the world were waiting on the threshold of his ice. let all man wipe off the sweat and start the digging the 7th grace. >> for nearly a hundred years there was a station in the middle of san francisco. chinese were detained before being allowed to enter the u.s. in this reading, writer nancy om, takes the audience to angel island. >> palm trees faced us when we landed. they were like garred yens to pass the golden gate we told them what wement todd hear. on the island of desperate dreams we shed our skins and wore new ones. burned our parents name and let our pasts curl into smoke.

>> no longer my father's daughter. no longer my husband's wife. only the sea gulls know who i really am. for months we were held in separate rooms. the dampness seeped through the bunks and gnawed or bones. at night the wales of ghosts kept us awake. 32 steps to my father's house, 4 windows facing north. 24 steps to my uncle's house, 2 doors facing south. i have 3 sisters, 2 brothers, 4 cousins on my father's side. now i store the memory in a drawer. along with bitter herbs and rhineos ris horns. we dine at restaurants on the

better side of town with pink table cloths and real flowers in the vases. we hardly go to china town. >> in a casual way, they had fun with his body. they chained him to the back of the car and did fish tails. forensic evidence suggests his body came loose and they rechained him after rolling back over him to get him. now most of us heard about this. something we don't hear, dragged to death we assume it was -- >> like this. chained to the bumper of a truck. that's not true. it's like this. chained the back of the truck. watching the road behind him as

he goes. this poem is called big thicket. jasper, texas. >> to big thicket a crack is a buck shot, a stick broke, cracked headlights. crack, the big thicket we go 2 sticks. drink, drink, light, light. stagger in the road. statistic o statistic broke. the light, buck shot light. >> buck on stagger. what you looking at. the white stick. along the trees, along the trees. the buck staggering home. the crack. big thicket. what are you doing here? >> stick broke. white light. break for home. white homing. ha, ha, go, go, buck shot, kra e crack, crack, crack.

hit lights. what you think you are. >> ha, ha, stick broke. in the brushes. in the rushes. put them back on. bufks head in the rushes. put them back on. to big thicket we go, hot we go to hit staggeringly along the frees. crack, a steak broke. we go, go, go, buck shot. we go, go, go. up the road. road kill. staggering bucks. head light rushes. pick up brushes. race broke, screeching. the big thicket we go, buck shot, crack. the road kills. crack e a broke stick. on we go on. [applause] >> omni bus program. and choose to muses are exciting

because they bring authors together to read at once. there are times where a special guest has the stage all to themselves. the samurai's garden by gale suckiama has become a high school favorite. her appearance brought out a young crowd. possibly looking for answers to their next english exam. when crediting charls brought house of rain to main teenage the commenttator shown pictures searching for the can bols. the first discovery of a hidden chamber. >> i immediately started for t. climbing hand over hand up the cliff. feeling an anxious press of revelation as i ascended. my breath was hot i found a so