mr. chodos coming up.e will start with the second panel and probably about 20 minutes. >> good morning, thank you for inviting me to discuss the efforts in response to superstorm sandy. sba's appreciates your support and continued leadership in making our country better equipped to deal with large national disasters. administrator mills has seen the damage. this is one of the largest disasters our country has confronted since hurricane katrina ravaged the gulf coast from seven years ago. i can assure you that the federal government is leveraging our resources to provide timely assistance to all of the affected areas. sba is working at fema and hide to coordinate with local agencies to ensure that we are doing everything possible to assist the maximum number of businesses and homeowners in the affected community. in terms of our efforts, we are providing approach to the response. directors are leveraging private and public sector resources throughout the affected areas. we have deployed over 300 disaster cu

mr. chodos? >> they do for the opportunity to testify with infected individuals and respond from hurricane sandy incense sandy struck sba his underground providing individual and businesses with information and support and access to disaster recovery loans. sba was there from day one and will say about over the long term. that is why in addition to the response team went in rural development office and the vast network of counselors of partners play a key role to immediate disaster response to help the region's small businesses restart, rebuild and try again. hundreds of thousands in the affected area across the mid-atlantic and seaboard with development centers and women centers and score volunteers we were collaborative leave with us be a disaster assistance with the recovery centers to provide in take space for those in their own location and seven for racial events and committees across the area. they help to map out the recovery process and apply for disaster loans and connectors other local

mr. chodos.someone who comes in for an sba loan. >> has come a syrupy but you're long program run through the banks in london partners as part of the normal private sector prior to his of insurance providers. >> about to katrina if he would urge you to give me these numbers, what do you find the sars people who have an sba loan coming back to the sba after a disaster and watching either a loan for disaster relief or something like that? >> for an individual receives a disaster long? >> there's an opportunity in the event that there's uninsured or underinsured losses. there may be situations where we require flood insurance and there may be additional damage for what the policy covers because of the different footprint or different type of event that occurs from one disaster to another. >> senator, we can issue information about the standalone sba program. i wish is checking with us after the default rate is comparable to the private sector default rate and its mom is tonight the subsidy for that

mr. chodos. >> thank you for the opportunity to testify. since sandy struck, s.b.a. has been on the ground across the region providing individuals and businesses with information, support, and access to disaster recovery loans. as communities rebuild, s.b.a. is there from day one and we'll stay deeply involved over the long term. that is why, in addition to our disaster response team, our office of entrepreneurial development and our partners play a key role in immediate disaster response and in helping the small businesses restart, rebuild, and thrive again. there are hundreds of thousands- o small businesses affected in the area. with 44 small business development centers, 14 women centers, our partners work together with s.b.a.'s center tow help staff of disaster recovery centers. and they set up informational events in communities across the area. in this early period we help our business owners map out the process, collect information, and apply for disaster loans. they also connect business owners with local, state, and federal resources. and they help small bu

mr. chodos. >> thank you for the opportunity to testify. since sandy struck, s.b.a. has been on the ground across the region providing individuals and businesses with information, support, and access to disaster recovery loans. as communities rebuild, s.b.a. is there from day one and we'll stay deeply involved over the long term. that is why, in addition to our disaster response team, our office of entrepreneural development and our partners play a key role in immediate disaster response and in helping the small businesses restart, rebuild, and thrive again. there are hundreds of thousands-o small businesses affected in the area. with 44 small business development centers, 14 women centers, our partners work together with s.b.a.'s center tow help staff of disaster recovery centers. and they selt up informational events in communities across the area. in this early period we help our business owners map out the process, collect information, and apply for disaster loans. they also connect business owners with local, state, and federal resources. and they help small bus