"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

[applause] >> our next speaker is our own mark quinn with the sba. [applause] >> not a lot of prep on that, steve. [laughter] sharon and all the organizations mentioned are connected with sba. for us, the richest part of what we do is the micro-enterprise support in san francisco and organizations that do us -- do it. we're fortunate to have a terrific network of partners to work with. as steve said in the beginning, no other city is doing small business week like we are in san francisco. small business week here is not just about awards. it is also about all small businesses feeling like they are a participant in house small business suite i -- small- business week. we were trying to speak over the crowd last year at flavors. it was about all small businesses and them. that is what it should be about. it is an opportunity for us to recognize special small businesses, a special small business of the year. while i am in san francisco, i cover all of northern california. this is really the small business of the year for northern california. every year,

>> 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

it is the largest sba lender in the country for several years running. [applause] >> we are really excited to be with all of you tonight to celebrate small business week and especially the winners tonight. we are committed to small businesses. we love small business and big business. thank you for the acknowledgement. in the first six months of the fiscal year, wells fargo has been the no. 1 sba small lender in california and the country. we are excited about that. i want to tell you about a local after we have going on in san francisco. that is our small business neighborhood renovation program. we work with local organizations. we funded the renovation of three local businesses who applied for assistance at no cost to them. i want to recognize those businesses here tonight. the renovations are complete. the business owners are here. they are from ja and k grocery and others. if you could stand, congratulations. [applause] we had an independent panel. we had a lot of fun. we judged the makeovers to select a winner for the most dramatic improvement to th

in a statement then sba has no tolerance for fraud, waste and abuse and takes corrective action when it come to light. we also reached out to the companies. most refused comment while two said they would do everything they can do to make sure they and the smallest subsidiaries will get the contracts. >> thank you very much. >>> if you have a tip for investigative union, we want to hear from you. call 888-996-tips or of course, you can send us an e-mail. >> the weekend is officially here. we'll see a warm-up. let's check in. >> we got 70s inland and the sea breeze really shut down. light winds in oakland. both indicating not only a warm he start to tomorrow morning but with the equal amount of heating during the day. we will finish the day in a lot of 90s inland. the coast will be immune from it. i think we'll still see some cool temperatures there. 60s and 70s. heat relief around the bay and coast. really seeing the temperature climb on up. we saw all signs pointing to the warm-up. we did see some low 90s. now high pressure will kind of hit its peak on saturday afternoon. build back

sba, sf chamber of commerce, office of small business, council of district merchants, and the golden gate business association. >> every person in this room is building small business. you are helping small businesses through -- to thrive. remember to shop san francisco, shot small business. -- shop small business. please stay and help congratulate the awardees, the sponsors, and each other. we're making san francisco great. thank you again, mr. mayor. [applause] but the anniversary of the great earthquake was remembered. >> i would like to ask for a minute of silence. >> let's have a moment of silence. >> they meet for the annual reflating ceremony. he was joined by winnie for an afternoon celebration. we are here to commemorate all that it signifies. at each anniversary the leaders meet to prepare for the next great quake. bob welcome everybody to the anniversary. i got to say, the mayor gets it done. gooa round of applause for our e chief's wife. you look terrific. do we have sydney close five? -- close by. we will pass the microphone to the mayor for a couple of quick words. we h

they have been preapproved and have been preapproved for funding through sba to buy new, efficient, high-tech equipment and to improvements. the building itself is fantastic. we look to preserve the car and look and building by cleaning it up. we want to a corporate the architecture into the overall theme of our business. the interior than itself to a near-perfect layout for that type of business. i have the highest efficiency spray booth on the market which provides the ability to raise the bar on the repairs we do. there is a flyer in the packet. our goal is to expand in the grant concept from office management tool on repairs. we participate in dpw clean and green program and we will raise the bar higher -- dph clean and green program and we will raise the bar higher. we will push the envelope on what makes the shot green. we parked our car is within our shop -- the cars within our shop. i will be able to maintain my customers because the new building is half a mile from its current location which is used for small business in san francisco. i will be able to provide necessary services to

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

what can be done since sba is an agencyith reputon uecenlam th none ha at thndyeoe ve said its fleet to close. i feel that the with an underfunded not just on drug at o halof isd vusucod ec treal w n imported food so i felt the need to havmuch more funding. rtaiyhvhepe a y wyog ak nsug iwosai rehare o approved sot didn't change anything too much. thsame problems were already there. host: let's just ve o em yolkbor n yoin e ti section by saying they're doing the bidding of drug companies in terms of making these approvals and also h satin bi sec bju rino aerg approvals is their anything we talk about the number of things what is th fda doing wron urnn rif e aine d r inmsdr prva >> guest: i would add one of the drugs they approve or not popularly nw. e thekksut octeugd in thahanofg vis d i save most of th mean really well what they're doing battle in getting this helping mith g kbr sdin maussmdl. sonkrelto klwohae fa does almost like if it doesn't harm you think you d gegoesg s hma onfo ar rylme fda. >> host: we're going to go to a break now. >>: dnan e oe wch is pharma without talking

you get a loan from the government, sba loan. you now employ 2,000 people.ie. one thing bothers me a lot is we started from a nine years old plant which is closed. we started in a town called evanston where cell phone barely works and started with five people. and today we're number one brand in the country. we're getting close to a billion dollars in sales and still 100% independent. this type of story doesn't happen everywhere. so what bothers me the most when there's bad news everywhere, one thing that they forget, the spirit of you can do it, it's still alive. it's alive in south evanston. there were five people. days, christmas, thanksgiving, every day to make it. today the response -- >> ever pinch yourself and go wow? >> what does chobani mean? >> it means shepherd. it's a very sweet, simple name. in greek and turkish, in that region, it reminds -- >> congratulations. >> thank you. >> congratulations. hamdi ulukaya. >> sorry. >> do you think house calls are obsolete? not for one doctor. we'll explain after the break. >> this portion of "cbs this morni

you get a loan from the go u nernment, sba loan. you now employ 2,000 people. in america, charlie. snd one thing bothers me a lot is we started from a town called south evanston where cell phone barely works and we started with and ineople. and today the number one brand in the country and getting close to a billion dollars in sales. this his kind of story doesn't boten everywhere. what bothers me the most is when there's all this bad news everywhere, one thing they forget, the spirit of, you can do it, it's still alive. .t's alive in south evanston. th we worked day and night, 365 to make days, christmas, thanksgiving, s.ery day to make it. doay the responsibility. > do you ever pinch yourself and go, wow? >> i do sometimes. >> what does chobani mean? >> shepard. .t's really sweet. >> congratulations. >> thank you. > congratulations. he'llulukaya. >>> do you think house calls are obsolete? mt so much. he'll show you how technology is we'll re watchning medical care and how it can make it mora fordable. you're watching "cbs this . his png." >>> this portion of

>>guest: remind human he reduced taxes on small businesses 18 times and sba loan roll is up 70 percent>>neil: this rhetoric is to the core of without are? >>guest: because i am more than economics. i was a democrat when i had in money, i believed in a fair system. and i still am the same thing but the distortion that happens is that if we say that because now i've been a democrat my whole adult life i've been raising money and supporting democrats since i was 23 years old and to say now at 52 i'm a bad person because i raise money that is not a good thing to say and i don't think he means that but the message is saying that and that is not where we need to be. >>neil: you are your own guy i say that. thank you, still supporting the president. very good to see you. >> protests in egypt chanting "monica," and throwing tomatoes at our secretary of state. is that right after giving $2 billion of your money? take the money and run? people with a machine. what ? customers didn't like it. so why do banks do it ? hello ? hello ?! if youbank doesn't let you talk to a real perso24/7, you need an

here's the point, you're right, you want to know so i'm a great businessman, so would there be a new sba program, would you do tax credits more than just extending it, would you have whatever. okay, if he puts it out now, all it's going to be is attacked by the obama team. it will be picked to death. put it out later, when people start paying attention, when those undecideds, they will know more what they want to hear because there's data collection every day, that's when you put it out. >> so don't give it to the telmudic scholars yet. i didn't realize they were retaining -- >> huge teams on both sides. >> coming up, more on the president's new ad about choices and a discussion on governor romney's charitable giving. >>> governor romney's plan would cut taxes for the folks at the very top, roll back regulations on big banks and he says that if we do, our economy will grow and everyone will benefit. but you know what? we tried that top-down approach. it's what caused the mess in the first place. i believe the only way to create an economy built to last is to strengthen the middle class.