"an sba lender will be able to make the loan with a guarantee that sba will be able to provide. we probably will about 225 sba loans this year. at any point in time, we have about 1500 loans in san francisco that are sba loans. a lot of them are restaurants because that is one of the areas that is very typical because it is a riskier business. but a lot of people in san francisco see that as an opportunity for them as well. we also partner with the golden gate restaurant association to help people understand how to do financing for restaurants. a lot of what we do is helping small businesses get access to credit. the sba loan program covers a range of small loans down to $25,000 and large loans up to $5 million, so it is a very wide range. can be used for a variety of uses -- debt refinancing, building acquisition, working capital, so it can be used for a wide range of things from a small business point of view. as you heard, we do guarantees for about 90 or 100 banks in the country -- or in the bay area. about 3000 nationwide. there is a lot of lenders that do some sba lending.

what impact will be cuts in the sba budget have on the sba program? it seems the small business committee is try to make drastic cuts. from our perspective, the new majority leadership is looking to make drastic cuts, many of the program will hold near and dear to our hearts. the question the leader is continually asking is, show me the jobs. she wants to see house bills come to the floor that create economic opportunity for middle- class -- all of americans. if the small business committee is looking to cut funds from the sba, we see that as a detriment. we do not believe in cutting to create more jobs. we agree with the idea of the recovery act, putting more money out there to get people employed. >> on congressional action, that is not my role. in san francisco, we have been the beneficiary. all small businesses should be aware that we have been the beneficiary of a lot of good resources for small businesses. we have more nonprofits that are funded through micro lending here in the city from sba programs. some are expected to be looked at for budge

>> 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 fo

they narrow the big sea sba a line of your sweat and then they take away your last word and then they take away another. now you put the keys back in your pocket and now you push on the door until it is in flame, until it is in flame. next reader is jane herschfield. . >> one sand grain among the others in winter wind. i wake with my hand held over the place of grief in my body. depend on nothing, the voice advices, but even that is useless. my ears are useless, my familiar and intimate tongue, my protecting hand is useless that wants to hold the single leaf to the tree and say, not this one. this one will be saved. a poem written on september 15th, 2001, against the knowledge that exactly what would happen was probably going to happen. the dead do not want us dead. the dead do not want us dead. such petty errors are left for the living. nor do they want our mourning. no gift to them. not rage, not weeping. return one of them, any one of them, to the earth and look. such foolish skipping, such telling of bad jokes, such feasting. even a cucumber, even a single anise seed, feasting. an

. >> look who else, the mayor of san antonio and keynote speaker in the evening is a former sba administrator. that's a powerful group you're bringing. >> thank you. yes. alvarez is a person who worked under president clinton and she's currently on the board of directors for walmart. and the mayor is doing the opening remarks and he's been written about in "the new york times" to possibly be the first hispanic u.s. president. he is a stanford alumni, he is a person who believes in mentorship and that is one of the most important factors and elements to the summit is meeting not only mentors but really the sustainability of this summit i could see it continuing on. so, as a latino it's my responsibility to really bring these summits to stanford or sand hill road year after year. >> who should go to this? who would benefit most? >> well, i would say there's three tier. there's professional, there's students that are either high school students, for example, martin is bringing students from fresno who were identified as not only honor roll students but grew up in the farming community in fresno

. >> that county sba has increased an award for that conviction of damian fall the not of who injured box. but the reward is $5,000 for it mol findingindado and distant figure puppies. heat faces several charges in relation to that. we will see what happens as the reward is out whether or not they can charge him with those offenses. six of the one man. oberth back in a couple of minutes. this is a lot from the roof in san francisco appeared before the summer is here you can see how high the clubs are, we're in for blue skies. will be a record >> good morning, the time as 60 4:00 a.m.. taking a look now the seven day around the bay. you can see how or just it is going to be. we want to mid-70s. 786 on sunday. you can have an outdoor barbecue ended joy the super bowl. the loan deal to get here, that is in the national room. it is getting tougher and tougher right now to get to texas. taking a live look here. we could use this note. here is a live shot from heavenly. the list is getting up and running. class here, tahoe as well. pretty warm sunny weather. >> 630 flights are now cancelled

if the sba says it will take weeks of intensive care to get the pair healthy enough to be ready for adoptionuisa: to let this break from the wet weather fool you, worst of expecting showers over night. the temperatures are still cold, the snow levels are expected to drop. still chance of snow fall overnight. all have the details coming up. when you spend twenty five storewide. and, unlike other stores, we don't make you come back to save. get ten dollars off when you spend twenty five on-the-spot, with no exclusions! jcpenney. [ female announcer ] starbucks via is planted the same... ♪ ...harvested the same... ♪ ...and roasted the same as our other premium coffees. it only makes sense it would taste the same. so, try it for yourself. buy a pack of 100% natural starbucks via ready brew. we promise you'll love it or we'll send you a bag of starbucks coffee. it's the starbucks via taste promise. look for it where you buy groceries. hey marcel, watch this! ♪ hey marcel, watch this! yeah, marcel! -marcel! -hey marcel! are you listening to me? marcel! [ male announcer ] only at&t u-verse lets you

last month joe received a $5.5 million loan from the sba 504 program that helps small businesses expand and upgrade their equipment. they will break down this summer on an expansion of the operation off of book i wrote. is that right? that will not just add 60 workers but double the output of ricotta cheese -- [laughter] making this one of the tastiest investments the government has ever made. and the second phase of expansion will include new mozzarella and provolone factories. i want samples. you guys are leading the way. we know there are some things government can do to help clear the way for your success. we can make sure america remains the best place on earth to do business by knocking down barriers that stand in the way of growth. that is why we passed 17 different tax cuts for small businesses. that is why i proposed lowering the corporate tax rate and eliminating unnecessary regulations to help larger businesses create jobs. we actually talked about this and one of the sessions -- we also have to get our fiscal house in order, and that is why i put forth a budget that included

the sba is funded and there are loans available, but obviously when you apply for these loans, they will be looking at the market and how viable these things are. i know politicians are committed to this. and again, this is an effect of the recession and hopefully we will turn the corner soon. host: for stephen rose, brooklyn, a democrat. caller: to may, the real number of unemployed is closer to 30 million if you count those off the rolls and not being counted. taking a couple of years to bring back jobs. i want to know how dr. rose feels about unemployment expenses particularly for the 99ers. guest: this has been an important issue for the administration and pushed hard to get extensions passed and passed again. surveys asked a lot of detailed questions. as the caller notes, there are various ways to measure unemployment. other categories, change if -- to change it closer to 17% is involuntary part-time, people will want to work full time but can only find part-time jobs. that is the main number. then another number call discouraged workers. people who say they are not looking but have

the sba is funded and there are loans available, but obviously when you apply for these loans, they will be looking at the market and how viable these things are. i know politicians are committed to this. and again, this is an effect of the recession and hopefully we will turn the corner soon. host: for stephen rose, brooklyn, a democrat. caller: to may, the real number of unemployed is closer to 30 million if you count those off the rolls and not being counted. taking a couple of years to bring back jobs. i want to know how dr. rose feels about unemployment expenses particularly for the 99ers. guest: this has been an important issue for the administration and pushed hard to get extensions passed and passed again. surveys asked a lot of detailed questions. as the caller notes, there are various ways to measure unemployment. other categories, change if -- to change it closer to 17% is involuntary part-time, people will want to work full time but can only find part-time jobs. that is the main number. then another number call discouraged workers. people who say they are not

the sba is funded and there are loans available, but obviously when you apply for these loans, they will be looking at the market and how viable these things are. i know politicians are committed to this. and again, this is an effect of the recession and hopefully we will turn the corner soon. host: for stephen rose, brooklyn, a democrat. caller: to may, the real number of unemployed is closer to 30 million if you count those off the rolls and not being counted. taking a couple of years to bring back jobs. i want to know how dr. rose feels about unemployment expenses particularly for the 99ers. guest: this has been an important issue for the administration and pushed hard to get extensions passed and passed again. surveys asked a lot of detailed questions. as the caller notes, there are various ways to measure unemployment. other categories, change if -- to change it closer to 17% is involuntary part-time, people will want to work full time but can only find part-time jobs. that is the main number. then another number call discouraged workers. people who say they are not looking but have

there have been high-profile cases including by sba as well as colleagues on this table that i thinkhave gotten people's attention. that there is a change in our attitude to contract management. >> mr. fiore, i was struck by the initial part of your statement. you had a very long paragraph about soldier, family legal services and you had a short sentence about your suspension and debarment role. what's the proportion of time you spend on those two different roles? how much time do you spend on the role that involved the big paragraph and how much time do you spend on the role that involved the short sentence? >> sir, i think it depends on any given week. >> give me a sense. you have a sense. >> my sense would be about 60-40. because i do not have the, the direct supervision responsibility for that office, i perform the suspension debarment portion of that responsibility as well as the soldier and family legal services. >> do you think it makes sense, i know my time has run out, for something as important as suspension and debarment not to have somebody focusing on it full time? >> i

to ensure that american indians, alaska natives in native hawaiians continue to have access to the sba's government contracting program. this program -- [applause] >> thank you. i think you recognize the significance of this program. it has been, it has been a significant economic engine for a lack of native corporations, for native hawaiian entities, and for the growing number of tribes that are taking advantage of it and i think it will be an important increasingly important economic opportunities for our tribes in the years to come, provide that congress doesn't poll that latter outpace a we need to be working together again to ensure the effectiveness of this. it like to draw my comments to a close by expressing my appreciation to ncai for all that it does every day for the betterment of our native people. ncai is a powerful voice on capitol hill for the interests of our native people are under and. is involved in so many different ways, if you don't want to start down the list of all the things that they did because then you leave something out, but i want to take just a quick momen