sba has. there are 68 district companies around the country. i made a pledge i would visit each of their districts. during that time i will host business roundtables. i will visit small businesses. and really integrate into the community to see what is going on and how sba can in fact that community. we will get a lot of local press, hopefully. we will spread the word more and of the services and opportunities there are at sba. so we have our leadership conference last week with all of our district directors. leadership conference sounds so boring. leadershipsmart conference. we were having everyone in. we were going to spark their interest and enthusiasm and we would continue with the ignite tour. so, that is where it night came. now we are just going to set everybody a pace. enthusiasm.generate and i start next week. and we are coming down to the end of june now. so i will be heading to las salt lake city, back here to washington, the week after that, i am going to washington, .regon, and al

the sba has to offer. yes, you think about moans when -- you think about loans. we guarantee loans we don't make , the loans ourselves. we help make loans available to those folks who would not we help make loans available to those folks who they wouldn't be normally. counseling.r than -- offer them counseling. we have programs through our women's business centers where retired executives or executives who aren't retired will donate their time to meet with young ignores to help them with their marketing -- young entrepreneurs to help them with their marketing plans, their designs, to help the overall. sometimes this might not be a great business and you have to step back and think about that. when we get them through the capital part in the counseling part, another aspect of what sba can do is to help young entrepreneurs who have goods and services they can sell to the government to help put together those government contracts. uncle sam is the biggest purchaser of goods and services in the world. so if we

the question is about people who took out sba loans. i'm sorry i don't have good news for you on that. we have tried and tried to get relief -- from the stafford act rule that says an sba loan is a duplication of benefits like a grant. i will explain with some numbers to help make sure that maybe it will make it easier. if you had $50,000 worth of damage in your home of the flood damage and got a $25,000 sba loan, we can't replace whatever portion of that loan was for structural repair. we can replace anything that was for contents or other aspects of the house. we can also cover the unmet need above $25,000 that you borrowed. but we cannot replace the sba loan. federal law considers that a duplication of federal benefits. i'm sorry, we have not been able to get a different answer. that is the answer at this point. we've attempted to address that in washington. that is federal law. yes ma'am? >> [indiscernible] -- i spoke to the loan officer who made my loan, and he referred me to el -- the servicing center of sba in el paso, texas. bot

chris: we have an sba loan we took out. lemonis: how much is that? chris: $390,000.just for this location? chris: yes. jess: i regret not knowing more about it beforehand. i agreed to open a second location when the idea was brought to me, but what i didn't know is that the location had already been chosen. lemonis: so, you did it on your own? chris: tony was involved with some of it, as well. jess: mm-hmm. lemonis: okay. and so why didn't you have a say in it? jess: i don't really know. lemonis: the fact that they didn't include jess -- it's just disrespectful. let me spend a minute with jess, just so i can understand this store a little better, okay? jess: yeah. mm-hmm. lemonis: what's going on here? jess: i found out when we were signing paperwork, and this guy says "i love the location," and i just looked at them, and i said, "we have a location?" said it was kind of in place, and i was just either gonna be on board or not on board -- these are my business partners. lemonis: you're on the team. jess: let's do it. i'm on the team, so that's fine. let's do it. lemo

tap water from the sba safe. >>> gym bore rhee is getting ready to close hundreds of stores. it is yust the latest retailer to cut back as online shopping cuts into its bottom line. gym more reap has more than twufl hundred stores, 11,000 ploip ease. it also operates crazy 8 and janie and jack stores. here in the bay area, five gym bore rhee, five krait create eights and one janie and jack will be closing their doors. >>> want to be a warriors dancer, reginald, you better start rehearsing right now. >> auditions are less than a month away. ♪ >> the warriors dance team released this video showing prior auditions ant current team in action. the whole process takes about a week and it's going to start august 12th. 20 women make up the current warriors dance team. >> this is so athletic, i mean vur to give them props. >> i wouldn't be able to follow the first eight count, honestly. hi, mike. >>> they do it and look so graceful too. i'd be sweating and look god awful by the end of that. >> i want to see that. >> no, you don't. >> i do. >> good morning, everybody were, i want to ta

sba, otherom funding. economic injury loans, the army engineer's. one of the big data systems that helps governors understand how to formulate recovery goals to -- i don't think we've come together as a nation to do that. i want to help. i have to stretch across the federal partners to figure out how we work in concert with one another. it also say, governor hutchinson based on this disaster you have and the impact you are experiencing, here is the best way we would encourage you to help. and i do not know how arkansas can be covered better than you. but we've got to figure out how to use the funding. i will stop there. thank you. >> thank you. >> i have michael berkowitz. cities in 48 countries across six continents. i greatly appreciate the opportunity to take a train a couple of hours here. to travelers certainly better. we're trying to help cities old urban resilience. to talk about flooding and flood resilience. while conventional responses are important to our efforts, to limit flood impact, those alone are not enough. i'm here to advocate for

severe storms are already moving sba some portions of the area and may cross philadelphia. feels like is 1 is 12 in dover. we're going to continue to have these oppressive temperatures. i want to get to these storms because these are eminent. what we're look at is a ve veer thunderstorm watch until 10:00 tonight. you see the brighter shades of gold we have storms across pennsylvania and scranton. these same storms produced tornadoes. thunderstorm warnings from hazel on to right on through the poconos as these are headed our way at 30 miles per hour. the severe thunderstorm roigt here for the poconos until 6:30 this evening. but if these storms stay intact, we'll see warningsen continue on into the philadelphia area. and into the philadelphia area. so let's take a look at what we're dealing with. this is the 3-d image. you can see the most intense part of the storms is where you see that 3-d elevation with the storms. we had a a bright blue right here. right now the storms look lie they probably have been dumping hail. so i would surmise this is a little lighter shade, more

drew: that will depend on what happens with things like tax or form, the sba.re are a lot of fundamental trends that have to play out, drug approvals and things like that, m&a. where there are a number of factors that will play out over a longer period of time, we have to wait and see. vonnie: will you be watching the vote? drew: not the full 36 hours. vonnie: i'm surprised that you. drew armstrong, thank for joining us. look at the bloomberg business flash. proctor and gamble's stronger fourth-quarter numbers could provide fuel against -- --the investor launch for a board seat this month aiming to improve the company's slow-moving accomplice bureaucracy. the consumer products giant says it is managing its turnaround. martin shkreli's case is nearing its end with both sides resting their case yesterday. shkreli no for inflating the price for a potentially life-saving drug is accused of running a ponzi-like scheme. the former executive and hedge fund trader did not testify during his four week trial. jurors could begin deliberation us to mrs. week. that is your

being a small business, a business that hasn't existed for more than five years and try getting an sbasomething from the ex-im bank. almost impossible. they haven't been at full lending power for two years, and should shut it down completely. there are congressmen making a big push to just end the bank straightaway. steve: i agree, thank you, everyone. sounds good. but coming up next, we've got a few more surprises for you, we stopped by politcon to see what's going on at the unconventional political convention. that is coming up next. ♪i hope life treats you kind ♪and i hope you have all you've dreamed of♪ ♪and i wish you joy and happiness♪ ♪but above all this i wish you love♪ ♪and i will always love you ♪i will always love you, i ♪i will always, i will always ♪love you . steve: if you've never heard of it, politicon is an offbeat political convention that brings people together from both sides of the aisle and everyone in between. take a look at some of the sights and sounds. ♪. >> we had an election cycle this year in which we are starting to see an erosion from traditional left, ri

being a small business, a business that hasn't existed for more than five years and try getting an sbaalone something from the ex-im bank. almost impossible. they haven't been at full lending power for two years, and should shut it down completely. there are congressmen making a big push to just end the bank straightaway. steve: i agree, thank you, everyone. sounds good. but coming up next, we've got a few more surprises for you, we stopped by politcon to see what's going on at the unconventional political convention. that is coming up next. i just want to find a used car without getting ripped off. start at the new carfax.com show me used trucks with one owner. pretty cool. [laughs] ah... ahem... show me the carfax. start your used car search at the all-new carfax.com. how to win at business. step one. point decisively with your glasses. abracadabra! the stage is yours. step two. choose laquinta. where you'll feel like the king of the road. check out our summer rates now at lq.com. and it's also a story mail aabout people and while we make more e-commerce deliveries to homes than anyo

being a small business, a business that hasn't existed for more than five years and try getting an sban let alone something from the ex-im bank. almost impossible. they haven't been at full lending power for two years, and should shut it down completely. there are congressmen making a big push to just end the bank straightaway. steve: i agree, thank you, everyone. sounds good. but coming up next, we've got a few more surprises for you, we stopped by politcon to see what's going on at the unconventional political convention. that is coming up next. delicious... fresh fruit. it's perfection. seriously? an epic soundtrack? is there any other way? that's what a smoothie should taste like. visit a store today for fresh fruit smoothies and summer deals. if you have moderate to severe ulcerative colitis or crohn's, and your symptoms have left you with the same view, it may be time for a different perspective. if other treatments haven't worked well enough, ask your doctor about entyvio, the only biologic developed and approved just for uc and crohn's. entyvio works by focusing right in the gi

before becoming sba administrator, she was cofounder and former ceo of world wrestling entertainment. she ran in connecticut as republican nominee for u.s. senate in 2010 and 2012. doesn't us 8:00 eastern on c-span, on live, with c-span.org and with the free c-span radio app. >>> coming up next, a look at u.s.-uk relations with british secretary michael fallon from the center for international strategic studies here in washington. this is about an hour. >> good afternoon. welcome to the center for strategic and international studies. my name is threat -- heather conley, and we could not be more more delighted to welcome secretary of state for defense michael fallon here to the u.s. i was explaining that the news cycle is so quiet, so slow the last few days, we were so glad he could come here and help elevate our discussion but, he comes at an incredibly important time. certainly on the heels of several days of incredible news not only security-related issues, whether that was the north korean launch of an icbm but also as we watch unfold the historic meeting between president trump an

southbound ate eight through that sba change should change a bit now that that's all clear.coming up at 6:50. >>> from the live desk this morning we have another brand new update on that sick baby boy who's parents were trying to get him to the united states from the uk for an experimental treatment. in the last half hour we told you lawyers representing charlie guard's parents were going before britain's high court today for another hearing. and we have just learned moments ago parents are now asking the court to take charlie home because, quote, they want to take their son home to die. heartbreaking update. yesterday the parents announced that they were dropping their legal bid to get their son here to the united states which is also tough to here. the hospital in london had been refusing saying the experimental treatment in the u.s. would not really help charlie who is suffering from a rare genetic disease. we'll keep you updated. >>> ma'am wear is affecting mac computers with the goal of spying on you. the new details emerging and how to stay protected. >>> and would you

before becoming sba administrator, she was cofounder and former ceo of world wrestling entertainment. she ran in connecticut as republican nominee for u.s. senate in 2010 and 2012. doesn't us 8:00 eastern on c-span, on live, with c-span.org and with the free c-span radio app. >>> coming up next, a look at u.s.-uk relations with british secretary michael fallon from the center for international strategic studies here in washington.

for example, we have a longstanding government entity called the small business administration, the sba. here's the idea: in the united d states-- it's been going on for decades-- small business complained that there wasn't a level playing field. when they competed with big businesses, they had disadvantages. and they wanted to have a better shot at succeeding as a smamall business,s, so they wanted the government to set aside money and support to help small businesses--not available to big ones--to help them compete more success... and we have that. the small business administration gives grants, makes loans at a subsidized rate to help small-- the idea being, america's better off if it has more small businenesses than would otherwie be the case. we do the same thing with minority-owned businesses for the obvious reason. here's a thought: a worker's self-directed business administration. why? because the american government would like to see these kinds of enterprises develop and grow. and why that? here's a democratic thought for you: if the government supported that, helped to develo