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Feb 17, 2021
02/21
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we thought it should be eliminated in its entirety sba made a treasury in sba made adjustment to reduce one year but they still did not deal with those accused of crime before their convictions and -- still had prohibitions that we thought were against what was the intent of congress. tell me how you feel about returning citizens being eligible for sba programs if their criminal convictions had nothing to do with any type of an economic climb or just accused of a crime and they have not yet had their day in court. >> thank you senator. i actually when i served at the office administration we focused on the reentry population and, you know, looking at how we could expand the programs to that we were working to spur entrepreneurship in this community so if confirmed, it would be my pleasure to return to that to some of those programs analysis and figure out how we can continue to support entrepreneurship with the reentry population. >> let me just call your attention to two bills that i have filed with other colleagues. one dealing with venture capital in minority businesses in emergingre
we thought it should be eliminated in its entirety sba made a treasury in sba made adjustment to reduce one year but they still did not deal with those accused of crime before their convictions and -- still had prohibitions that we thought were against what was the intent of congress. tell me how you feel about returning citizens being eligible for sba programs if their criminal convictions had nothing to do with any type of an economic climb or just accused of a crime and they have not yet had...
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Feb 12, 2021
02/21
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CSPAN
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eye 29
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the sba has programs it could utilize. i would welcome the opportunity to explore ways we can better serve the childcare facilities. in addition to the current loan grams and the small business development center, targeted programming that exists in california, there are best practices for childcare providers and i would make sure we are leveraging those and looking for opportunities to help. sen. ernst: i do want to take a moment to say that i did enjoy our conversation and i was impressed with your knowledge of the various programs through sba. i look forward to supporting your confirmation. thank you so much. ms. guzman: thank you. sen. cardin: senator markey. sen. markey: miss guzman, i enjoyed our conversation and i think biden made an excellent voice -- choice. massachusetts is a huge fish year he of the -- huge beneficiary of the programs. massachusetts companies have received 22,000 of the grants. last year alone, 593 awards valued at over $350 million went to massachusetts companies which helped create an ecosyste
the sba has programs it could utilize. i would welcome the opportunity to explore ways we can better serve the childcare facilities. in addition to the current loan grams and the small business development center, targeted programming that exists in california, there are best practices for childcare providers and i would make sure we are leveraging those and looking for opportunities to help. sen. ernst: i do want to take a moment to say that i did enjoy our conversation and i was impressed...
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Feb 4, 2021
02/21
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CSPAN3
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the sba is authorized to make up to 15 billion in grants, but we haven't seen the guidance from sba on how those grants will be made available. we're hearing a great deal of concern from small businesses in new hampshire who are interested in applying and are really getting desperate. can you talk about how you might get this program up and running as soon as possible. >> thank you, senator. if confirmed my priority will be on -- number one priority will be on ensuring that covid relief is implemented efficiently, quickly, as well as equitably, including the shuttered venues, grants. and so this would be, you know, one of the day one priorities is to understand where they're at with this process and make sure that this is implemented as quickly as possible. >> great. thank you. we had the opportunity to talk a couple of weeks ago, which i very much appreciated. and one of the things we talked about was the step program to help states with small businesses with exporting their goods. and it is legislation that i care a lot about because i helped to introduce it and see it get passed. an
the sba is authorized to make up to 15 billion in grants, but we haven't seen the guidance from sba on how those grants will be made available. we're hearing a great deal of concern from small businesses in new hampshire who are interested in applying and are really getting desperate. can you talk about how you might get this program up and running as soon as possible. >> thank you, senator. if confirmed my priority will be on -- number one priority will be on ensuring that covid relief...
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Feb 18, 2021
02/21
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CSPAN2
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to ensure we can keep them engaged in sba programs.his is been a record high number of different lenders inengaged in sba than ever before. think we need toce take advantage of that. >> excellent. on that issue as well i look forward to reviewing your staff should you be confirm freight lastly in my remaining amount of time and unable to see the clock but it will be less than a minute here. i like to mention the restart eact. the restart act was a bipartisan peace of legislation that i developed with senatorre michael bennet receiving 65 cosponsors in the senate, couple hundred in the house who created long term working capitol loan to our hardest hit businesses, measured by the amount of revenue loss they experienced on account of the pandemic. and then there would be a forgiveness element based on once again the economic impact these businesses have faced on the account of the pandemic. it is industry neutral in its approach. andar look, we all recognize there are a number of businesses still really on account of covid-19 pandemic. m
to ensure we can keep them engaged in sba programs.his is been a record high number of different lenders inengaged in sba than ever before. think we need toce take advantage of that. >> excellent. on that issue as well i look forward to reviewing your staff should you be confirm freight lastly in my remaining amount of time and unable to see the clock but it will be less than a minute here. i like to mention the restart eact. the restart act was a bipartisan peace of legislation that i...
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Feb 17, 2021
02/21
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CSPAN2
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the sbir program is one of the most critical programs the sba has. i i agree with the impact great companies have come out of the program. i know that ensuring that small businesses have access to the federal research dollars is a priority, and i would give it to be a good steward to ensure our small businesses, not only that but the underserved communities including our rural as well as women and people of color have access to this program. i think there are great ideas that exist around our country and ensuring there are available grants. >> thatt innovation as those hep businesses commercialized is really a priority so i would look to priority to forget how we could maintain that strength of the program and improve it. >> and again, my question actually goes to obviously the role which the venture capital world which has access to money of capital wants to play in moving into the sector as well which i have -- i cast arched eyebrows as you look at her interest in this program knowing how well it's already serving the smallest businesses, the entre
the sbir program is one of the most critical programs the sba has. i i agree with the impact great companies have come out of the program. i know that ensuring that small businesses have access to the federal research dollars is a priority, and i would give it to be a good steward to ensure our small businesses, not only that but the underserved communities including our rural as well as women and people of color have access to this program. i think there are great ideas that exist around our...
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Feb 8, 2021
02/21
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CSPAN2
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i was happy to see that sba ig report, the recommendations, and also the sba following through on some of his recommendations. but more oversight and follow-up definitely needs to be done. >> i appreciate that. one of the biggest concerns for small business owners at the pandemic has exacerbated has been providing health care to our front-line workers. our smallest business employed low-wage workers and can't afford to pay for healthcare especially with revenues dropping. but due to the pandemic workers are scared to go to work without a safety net. ms. kerrigan, i'm going to ask how would you like to see the issue of small business health care addressed for the smallest of small businesses? >> to the extent you can provide the incentives and support to the workers themselves in order to access health coverage to allow for more flexibility, one size doesn't fit all, certainly when he comes healthcare. i do think some of the initiative of the last administration have been helpful. i do believe the pooling initiative for allowing small businesses to leverage their numbers in terms of acc
i was happy to see that sba ig report, the recommendations, and also the sba following through on some of his recommendations. but more oversight and follow-up definitely needs to be done. >> i appreciate that. one of the biggest concerns for small business owners at the pandemic has exacerbated has been providing health care to our front-line workers. our smallest business employed low-wage workers and can't afford to pay for healthcare especially with revenues dropping. but due to the...
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Feb 11, 2021
02/21
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CSPAN3
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>> our experience with the sba was phenomenal to be real honest. when i filed for my ppp loan my banker said, hey, you need to maybe consider this eidl program. go and fill out on application and see if you qualify. and even if you don't qualify there's a possibility you can get this grant they have. and so i went online, filled out an application and it was -- i didn't think much about it. i didn't think i had much hope of getting it, and just one day i happened to be looking at my bank account and there was $10,000 in there from the grant program, we used that immediately to pay bills that were there. i thought it was a simple operation. we went online, filled out the application and it was just an easy situation. the sba has been nothing but great on that program. >> thank you, mr. schultz. and my time has expired and i recognize the ranking member for five minutes. >> thank you, madam chair. i'd like to begin with ms. kerrigan. one of the things that's in the new budget bill that is being promoted by the administration is the increasing of the
>> our experience with the sba was phenomenal to be real honest. when i filed for my ppp loan my banker said, hey, you need to maybe consider this eidl program. go and fill out on application and see if you qualify. and even if you don't qualify there's a possibility you can get this grant they have. and so i went online, filled out an application and it was -- i didn't think much about it. i didn't think i had much hope of getting it, and just one day i happened to be looking at my bank...
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Feb 26, 2021
02/21
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this amount was in consultation with sba and the administration. so they believe that with the money they received previously and the 25 million was enough. but also the fact that we added -- we put guardrails into the legislation so that we prevent publicly traded companies from ineligible companies to access the money that has been put towards real small businesses. >> thank you. another area of serious concern for republicans can be seen in the additional 1.25 billion provided to the shuttered venues grant program. a program that has yet to be launched. and so why was there a need to add the additional 1.25 billion when we haven't even found out if the program is necessary or if it's being used? >> so it has been my pleasure as chairwoman of this committee to work in a bipartisan way and that is exactly what we did in the c.a.r.e.s. act and we added money. but it wasn't -- it was not sufficient. so at that time, the ranking republican in my committee, as well as senator rubio, we all agreed that we needed to add more money to the program and tha
this amount was in consultation with sba and the administration. so they believe that with the money they received previously and the 25 million was enough. but also the fact that we added -- we put guardrails into the legislation so that we prevent publicly traded companies from ineligible companies to access the money that has been put towards real small businesses. >> thank you. another area of serious concern for republicans can be seen in the additional 1.25 billion provided to the...
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Feb 26, 2021
02/21
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CSPAN3
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finally, the bill allocates 1.5 billion in administrative expenses to sba. this funds will help the agency run the programs effectively and get aid to small business owners as soon as possible. i am proud of all the work our committee put into this bill which garnered bipartisan support during our markup and i urge my colleagues to support it. i would be happy to take any question. thank you for having me. >> thank you very much. i'm happy to welcome ranking member luke meyer. >> thank you, thank all of you for the opportunity to testify this morning on the american rescue plan act of 2021. mr. chairman, i strongly oppose this rule and the underlying legislation. our nation's small businesses are hurting. the challenges of the covid-19 pandemic have continued to mount for them. despite these circumstances, they have tried their best to move forward. adapting to constantly changing state and federal guidelines, mandates, restrictions and shut downs. they are suffering financial hardship and many have been forced to close their doors. the data shows if we had
finally, the bill allocates 1.5 billion in administrative expenses to sba. this funds will help the agency run the programs effectively and get aid to small business owners as soon as possible. i am proud of all the work our committee put into this bill which garnered bipartisan support during our markup and i urge my colleagues to support it. i would be happy to take any question. thank you for having me. >> thank you very much. i'm happy to welcome ranking member luke meyer. >>...
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Feb 21, 2021
02/21
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MSNBCW
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the ppp program is part of the sba program n. 2019 there were only four recorded sba loans to black-owned financial institutions. when ppp came to oregon and over $7 billion got deployed very quickly, we know that passed over oregon-based black-owned businesses. so we have got to focus on trust. we have got to focus on cultivating authentic relationships and showing up at the different places and tables where black business owners converse and come together. this means leveraging churches this. means leveraging barbershops and going to where people congregate. >> steven, you know we have talked about what has happened. we talked about what is happening now. i want to play something that treasury secretary yellen said reernl about the situation when it comes to black-owned businesses black workers in this country. >> during the early days of the pandemic, african-americans were the first to lose their small businesses. they were the first to lose their jobs. and we have seen early data that suggests black workers will be the last rehired when the economy opens back up. >> that last part, i
the ppp program is part of the sba program n. 2019 there were only four recorded sba loans to black-owned financial institutions. when ppp came to oregon and over $7 billion got deployed very quickly, we know that passed over oregon-based black-owned businesses. so we have got to focus on trust. we have got to focus on cultivating authentic relationships and showing up at the different places and tables where black business owners converse and come together. this means leveraging churches this....
SFGTV: San Francisco Government Television
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Feb 12, 2021
02/21
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SFGTV
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the sba is primary entity to help certify for the federal government. as noted earlier racial equity special committee will have the first meeting february 17th. a week from this coming wednesday. i will re-send out since we are getting close to embarking on the equity work the action plan that the office of available equity is requiring the commission, the initial work of the commission to engage with and that is not to say that the commission is limited just to those items. the commission can add other work that it wants to do so as this work embarks it may not be a separate agenda item each commission meeting. the committee chair is vice president zouzounis. we will determine at the end of every meeting if we need a special report or whether commissioner zouzounis will provide a report under commissioner reports. i may have mentionedded at the last meeting that the planning commission is planning to conduct a hearing. i am looking at small business recovery initially scheduled for february 18th. it is now pushed out to march 11th. there has been some
the sba is primary entity to help certify for the federal government. as noted earlier racial equity special committee will have the first meeting february 17th. a week from this coming wednesday. i will re-send out since we are getting close to embarking on the equity work the action plan that the office of available equity is requiring the commission, the initial work of the commission to engage with and that is not to say that the commission is limited just to those items. the commission can...
SFGTV: San Francisco Government Television
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Feb 28, 2021
02/21
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SFGTV
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i'm not sure and commissioner zouzounis but president joe biden announced the sba will establish a 14xclusive p. p.p. loan application period for business and non profits with fewer than 20 employees and this also includes self-employed individuals and this is really his attempt to get this loans and funding out to our smallest businesses and equity related approach and so, couple things to highlight is that, as i said, so sole proprietor making it's year for them and also eliminating exclusionary restrictions and such things as prior non fraud felony convictions and and also, eliminating the restriction for small business owners who were struggling to make their student loan payments and that was a disqualifier so that's being removed and then also ensuring access for non citizens, small business owners and who are lawful u.s. residents by clarifying that they may use their individual tax i.d. numbers so this is definitely an expansion of those who will be able to access the p.p.p. and when i'm done if there's additional information that you have that you would like to add please do.
i'm not sure and commissioner zouzounis but president joe biden announced the sba will establish a 14xclusive p. p.p. loan application period for business and non profits with fewer than 20 employees and this also includes self-employed individuals and this is really his attempt to get this loans and funding out to our smallest businesses and equity related approach and so, couple things to highlight is that, as i said, so sole proprietor making it's year for them and also eliminating...
SFGTV: San Francisco Government Television
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Feb 15, 2021
02/21
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SFGTV
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the sba is primary entity to help certify for the federal government. as noted earlier racial equity special committee will have the first meeting february 17th. a week from this coming wednesday. i will re-send out since we are getting close to embarking on the equity work the action plan that the office of available equity is requiring the commission, the initial work of the commission to engage with and that is not to say that the commission is limited just to those items. the commission can add other work that it wants to do so as this work embarks it may not be a separate agenda item each commission meeting. the committee chair is vice president zouzounis. we will determine at the end of every meeting if we need a special report or whether commissioner zouzounis will provide a report under commissioner reports. i may have mentionedded at the last meeting that the planning commission is planning to conduct a hearing. i am looking at small business recovery initially scheduled for february 18th. it is now pushed out to march 11th. there has been some
the sba is primary entity to help certify for the federal government. as noted earlier racial equity special committee will have the first meeting february 17th. a week from this coming wednesday. i will re-send out since we are getting close to embarking on the equity work the action plan that the office of available equity is requiring the commission, the initial work of the commission to engage with and that is not to say that the commission is limited just to those items. the commission can...
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Feb 18, 2021
02/21
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and sba to aid small businesses, and pressed for implementing snap food, and allowing temporary responsibilityn snap eligibility. authorization of emergency funds for low energy assistance -- low income energy assistance programs, and it goes on and on. assistance and delivery storage and distribution of the covid vaccination, to name a few of the immediate needs that people have. everybody has their personal experience. my father's home has no water, pipes are breaking all over because of the cold. again, they can handle it, but a lot people can't. it is the question of needing water and food and energy, and vaccines, and the rest. we really have to be on top of that. and hope that there'd be some preparation for the future. this was predictable in a long range of weatherizing the infrastructure of energy in the state. that is a longer-range discussion, but in immediate to have given people in earlier alert as to what their concerns would be. i believe the commerce committee will be taking up some form of, when i say investigation, i mean, a look into it to see how things could turn out bette
and sba to aid small businesses, and pressed for implementing snap food, and allowing temporary responsibilityn snap eligibility. authorization of emergency funds for low energy assistance -- low income energy assistance programs, and it goes on and on. assistance and delivery storage and distribution of the covid vaccination, to name a few of the immediate needs that people have. everybody has their personal experience. my father's home has no water, pipes are breaking all over because of the...
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. >> having this sbas and serving alcohol is essential for the recovery. even when we have people in the dining room. >> they got the permit to build it from alameda county last year and banking on keeping it open indefinitely. >> adding an extra number of seats with the patio is helping us recuperate. >> reporter: now state senator scott wiener wants to make sure they can keep it, proposing a sweeping new bill to help restaurants and night life. >> one of the things it will do is to make permanent, allowing restaurants to serve meals and drinks in park lets and parking lots and other outdoor spaces. >> among other things it would allow open container zones and streamline the liquor listen process for businesses filling empty story fronts. >> let's not put them through years of permitting. make it shorter. >> the goal not just to have thriving businesses but to allow californians to enjoy themselves too. >> this could be a renaissance after koevrd is done. >> reporter: in oakland, matt boon, abc 7 news. >>> tonight president bide isn't turning up the press
. >> having this sbas and serving alcohol is essential for the recovery. even when we have people in the dining room. >> they got the permit to build it from alameda county last year and banking on keeping it open indefinitely. >> adding an extra number of seats with the patio is helping us recuperate. >> reporter: now state senator scott wiener wants to make sure they can keep it, proposing a sweeping new bill to help restaurants and night life. >> one of the...
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Feb 18, 2021
02/21
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KNTV
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nearly 5,000 religious institutions here in california have second more than $608 million in federal sba protection money commonly known as ppp loans. experts say there's nothing wrong with that, some do question whether it is a contradiction that some of the churches tip to defy local government health orders on the one hand while accepting government money with the other. christmas eve, the parking lots at calvary chapel in san jose were packed even though county health orders limited religious gatherings to a maximum of 100 people worshipping outside. >> this is about keeping our community safe. >> reporter: james williams says santa clara county has taken calvary chapel and its leaders to court multiple times and at least twice a judge has found them in contempt of court. >> it is and not just the gathering indoors. there is no face masking, social distancing, no compliance with any of the very basic protocols that apply to everyone. >> reporter: william says calvary channel he will has racked up more than $1.8 million in finls but hasn't paid any of it to this point. yet the investi
nearly 5,000 religious institutions here in california have second more than $608 million in federal sba protection money commonly known as ppp loans. experts say there's nothing wrong with that, some do question whether it is a contradiction that some of the churches tip to defy local government health orders on the one hand while accepting government money with the other. christmas eve, the parking lots at calvary chapel in san jose were packed even though county health orders limited...
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Feb 2, 2021
02/21
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CSPAN2
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applause] we helped secure over $11 billion in low-interest loans for missouri's small businesses to the sba. we mobilize the missouri national guard to assist with response efforts and construct an alternative care site and 11 days in the st. louis region. we delivered from dessa fear to hospitals across the state at all hours of the night and brought in additional healthcare staff to further expand hospital capacity. we receive national recognition for our partnership with google on the ppe marketplace. her own state supply we've shipped over 22 million gallons, 18 million gloves, 8 million surgical masks, 5,000,095 masks and 1 million face shields to frontline healthcare providers. we were one of the first states in the nation to submit our covid-19 vaccine plan. and have now administered nearly 400,000 doses to missourians. [applause] [applause] the bottom line is that we have been working day in and day out to fight covid-19 will also dealing with civil unrest , violent crime, and a difficult budget. as i look to the next four years, i believe it is important to not only remember the ch
applause] we helped secure over $11 billion in low-interest loans for missouri's small businesses to the sba. we mobilize the missouri national guard to assist with response efforts and construct an alternative care site and 11 days in the st. louis region. we delivered from dessa fear to hospitals across the state at all hours of the night and brought in additional healthcare staff to further expand hospital capacity. we receive national recognition for our partnership with google on the ppe...
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Feb 22, 2021
02/21
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CNBC
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is there will be an exclusive period beginning this wednesday and going through march 9th where the sba will only accept applications from businesses with fewer than 20 employees the administration will also change the funding formula for sole proprietors and self-employed individuals and set aside $1 billion for those in low income areas. and beginning the first week of march, the administration is opening up loans to three types of business owners that had previously been excluded those are prior nonfraud felony charges, those whose federal student loans are delinquent and noncitizens who have a taxpayer id administration officials say these changes would remain under effect in the american rescue plan if it were to be passed they believe the mix of businesses who qualify or those who are actually able to reach these loans need to change but that the program doesn't necessarily need to be larger to that extent. the administration has only suggested a $7 billion addition to the program under its current legislative proposal congress has authorized $285 billion to this program in the mo
is there will be an exclusive period beginning this wednesday and going through march 9th where the sba will only accept applications from businesses with fewer than 20 employees the administration will also change the funding formula for sole proprietors and self-employed individuals and set aside $1 billion for those in low income areas. and beginning the first week of march, the administration is opening up loans to three types of business owners that had previously been excluded those are...
SFGTV: San Francisco Government Television
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53
Feb 14, 2021
02/21
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SFGTV
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eye 53
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the sba is primary entity to help certify for the federal government. as noted earlier racial equity special committee will have the first meeting february 17th. a week from this coming wednesday. i will re-send out since we are getting close to embarking on the equity work the action plan that the office of available equity is requiring the commission, the initial work of the commission to engage with and that is not to say that the commission is limited just to those items. the commission can add other work that it wants to do so as this work embarks it may not be a separate agenda item each commission meeting. the committee chair is vice president zouzounis. we will determine at the end of every meeting if we need a special report or whether commissioner zouzounis will provide a report under commissioner reports. i may have mentionedded at the last meeting that the planning commission is planning to conduct a hearing. i am looking at small business recovery initially scheduled for february 18th. it is now pushed out to march 11th. there has been some
the sba is primary entity to help certify for the federal government. as noted earlier racial equity special committee will have the first meeting february 17th. a week from this coming wednesday. i will re-send out since we are getting close to embarking on the equity work the action plan that the office of available equity is requiring the commission, the initial work of the commission to engage with and that is not to say that the commission is limited just to those items. the commission can...
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. >> having this sbas and serving alcohol is essential for the recovery. even when we have people in the dining room. >> they got the permit to build it from alameda county last year and banking on keeping it open indefinitely. >> adding an extra number of seats with the patio is helping us recuperate. >> reporter: now state senator scott wiener wants to make sure they can keep it, proposing a sweeping new bill to help restaurants and night life. >> one of the things it will do is to make permanent, allowing restaurants to serve meals and drinks in park lets and parking lots and other outdoor spaces. >> among other things it would allow open container zones and streamline the liquor listen process for businesses filling empty story fronts. >> let's not put them through years of permitting. make it shorter. >> the goal not just to have thriving businesses but to allow californians to enjoy themselves too. >> this could be a renaissance after koevrd is done. >> reporter: in oakland, matt boon, abc 7 news. >>> tonight president bide isn't turning up the press
. >> having this sbas and serving alcohol is essential for the recovery. even when we have people in the dining room. >> they got the permit to build it from alameda county last year and banking on keeping it open indefinitely. >> adding an extra number of seats with the patio is helping us recuperate. >> reporter: now state senator scott wiener wants to make sure they can keep it, proposing a sweeping new bill to help restaurants and night life. >> one of the...
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Feb 16, 2021
02/21
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CSPAN2
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eye 87
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let's set up the infrastructure for sba to give these poor businesses quite frankly i don't fault of their own through this pandemic have lost everything that the old and the employees as well, , let's give these fols an opportunity, again a disproportionate opportunity and a shot at some of the stuff and, quite frankly, when quick plug for what were trying to do here was we have actually we launched a program that we had a few years back, bring small businesses back program and this is one of the ideas we have to try to do that is to give folks that opportunity to displaced entrepreneurs of the call them to have a shot at some of the businesses we will try to bring back from china. >> host: we are seeing the biden administration make changes to the h-1b visas program which the previous call region. how much of an impact is that on small business? >> guest: not as much. we are talking the big tech firms, they are the ones are really involved in that conversation. the h-1b visas not really something that comes up top of my top three. were talking for our small business owners, they wo
let's set up the infrastructure for sba to give these poor businesses quite frankly i don't fault of their own through this pandemic have lost everything that the old and the employees as well, , let's give these fols an opportunity, again a disproportionate opportunity and a shot at some of the stuff and, quite frankly, when quick plug for what were trying to do here was we have actually we launched a program that we had a few years back, bring small businesses back program and this is one of...
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Feb 23, 2021
02/21
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CSPAN2
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eye 84
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resource partners and sba treasury leadership. each of us has heard from countless small businesses in our own districts who informed us as we made bipartisan improvements to our relief program. in my district there are many small businesses owned by under served populations. wick, asian american, black, and latino. they were among the country's first to feel the impact of the pandemic but they couldn't find banks to process their ppp applications when the program first launched. stories like theirs help congress establish set aside lending authority for community financial institutions and now this legislation takes another step in the right direction by creating a new community navigator program to directly connect under served businesses to covid relief. it also expands ppe eligibility to all struggling nonprofits and i am so pleased the legislation includes $25 billion for a new restaurant revitalization fund. venues, restaurants, bars, simply can't operate at full capacity safely and that is through no fault of their own. fin
resource partners and sba treasury leadership. each of us has heard from countless small businesses in our own districts who informed us as we made bipartisan improvements to our relief program. in my district there are many small businesses owned by under served populations. wick, asian american, black, and latino. they were among the country's first to feel the impact of the pandemic but they couldn't find banks to process their ppp applications when the program first launched. stories like...
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Feb 27, 2021
02/21
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CSPAN
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eye 63
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what is the policy of the sba? we have appointed a women. is she competent? there's competent women and incompetent women just like there's competent men and incompetent men. when you don't have policy to address the incompetence and think you can get away with it by just talking about diversity blindly, it's kind of a problem, isn't it? this month, they banned the muppets. right? if there are things you thought were sort of above cancellation, you would be wrong. there is nothing the radical left won't cancel. hasbro wants a gender-neutral mr. potato head. these are the issues of our time, folks. if hasbro really wanted a gender-neutral mr. beta -- potato head, they should just slap a cnn personality on the cover. they don't call him mr. potato head for nothing, i mean, you know? we might as well get something out of the branding. but, guys, we can talk about all of these things. we can talk about liberal hypocrisy, liberal privilege. just look how magically in 33 days, children in cages turn into migrant shelters for children. mind you, nothing actually cha
what is the policy of the sba? we have appointed a women. is she competent? there's competent women and incompetent women just like there's competent men and incompetent men. when you don't have policy to address the incompetence and think you can get away with it by just talking about diversity blindly, it's kind of a problem, isn't it? this month, they banned the muppets. right? if there are things you thought were sort of above cancellation, you would be wrong. there is nothing the radical...
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Feb 22, 2021
02/21
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CNBC
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eye 63
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changes is an exclusive two-week period beginning this wednesday and going until march 9th where the sbans from businesses with fewer than 20 employees the administration will also change the funding formula for sole proprietors and self-employed individuals and allocate $1 billion for low income areas beginning the first week of march, they are opening loans to three types of business owners that had previously been excluded those are prior nonfraud felony charges, those with student loans delinquent and noncitizens that have a taxpayer i.d administration officials say these changes would remain in effect under the american rescue plan if congress were to pass it the white house's view is not necessarily these programs need a lot more money, but that they need some changes to effect the type of people who are actually qualified and able to rise to the top of the queue to get these loans. the administration's plan that is currently being considered by the house of representatives would only add about $7 billion to the existing ppp program. congress reauthorized about $285 billion in ppp
changes is an exclusive two-week period beginning this wednesday and going until march 9th where the sbans from businesses with fewer than 20 employees the administration will also change the funding formula for sole proprietors and self-employed individuals and allocate $1 billion for low income areas beginning the first week of march, they are opening loans to three types of business owners that had previously been excluded those are prior nonfraud felony charges, those with student loans...
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Feb 24, 2021
02/21
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CNNW
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eye 140
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first thing they should do is go to the sba website.to help you find a lender that you can work with on this and collaborate with on this. there's a couple of loan applications there either for first draw or second draw ppp. a lot of jargon. for months these small businesses have been trying to get these forgivable loans to pay their workers and stay in business. this is for fewer than 20 employees. that's key here. remember in the beginning when you saw these quote/unquote small businesses that were small divisions or franchises of big, deep-pocketed businesses that received an awful lot of money. this is design forward very small mom and pop and minority owned businesses to get a bite at the apple. and there's new eligibility rules that are really important for people to understand. if you are self-employed, you can now apply. a sole proprietar, you can now apply. independent contractors. before, some of these loans were contingent on how many they were calculated on how many employees you had. so now this is really for the very small
first thing they should do is go to the sba website.to help you find a lender that you can work with on this and collaborate with on this. there's a couple of loan applications there either for first draw or second draw ppp. a lot of jargon. for months these small businesses have been trying to get these forgivable loans to pay their workers and stay in business. this is for fewer than 20 employees. that's key here. remember in the beginning when you saw these quote/unquote small businesses...
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Feb 22, 2021
02/21
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CNNW
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eye 121
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probably what's notable about this one and what we heard from the sba earlier today is this is really focused on helping those small, small businesses. starting wednesday, there will be a two-week moratorium where only businesses who have 20 or fewer employees can apply for these loans, because there was a concern they were going to be shut out. here's president biden now. >> i had an opportunity to catch up with two small business owners i met on the road in the last couple weeks, and the first was a very entrepreneurial woman named pilar guzman savalla and she's from florida in miami. and tim ottinger from wisconsin. both had small businesses but lived in different places. i heard, my shmall business is hurting badly and i need help now. it's my business to make sure they get help now. small businesses are the engines of our economic progress, they're the glue in the heart and soul of our communities. but they're getting crushed. since the beginning of this pandemic, 400,000 small businesses have closed, 400,000. and millions more are hanging by a thread. it's hurting black, latino
probably what's notable about this one and what we heard from the sba earlier today is this is really focused on helping those small, small businesses. starting wednesday, there will be a two-week moratorium where only businesses who have 20 or fewer employees can apply for these loans, because there was a concern they were going to be shut out. here's president biden now. >> i had an opportunity to catch up with two small business owners i met on the road in the last couple weeks, and...
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Feb 21, 2021
02/21
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KGO
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eye 124
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in addition to that, sba, small business association will help with small interest loans to individuals or companies in the area. and as we have seen not only affected individuals' homes but a lot of businesses have been affected. so we'll be there and have been there and will continue to be there to help texans recover. >> so many people in need this morning. bob fenton, thank you so much for being with us this morning. >> thank you. >>> now to vaccine rollout playing catch-up after those devastating storms created a backlog of millions of doses, and the battle brewing right now in washington over more covid relief for struggling americans. abc's rachel scott joins us from the white house with the very latest. rachel, good morning. >> reporter: whit, good morning. that vaccine rollout taking a hit during that winter storm and americans were waiting for doses that never arrived, so now the biden administration is trying to get it back on track while also trying to push that covid-19 relief pack object through congress. this morning, the scramble to get millions of coronavirus vaccine do
in addition to that, sba, small business association will help with small interest loans to individuals or companies in the area. and as we have seen not only affected individuals' homes but a lot of businesses have been affected. so we'll be there and have been there and will continue to be there to help texans recover. >> so many people in need this morning. bob fenton, thank you so much for being with us this morning. >> thank you. >>> now to vaccine rollout playing...
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Feb 18, 2021
02/21
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MSNBCW
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eye 70
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assistance for sba to aid small businesses. request for implement disaster supplemental nutrition, s.n.a.p., and to allow temporary flexibility in s.n.a.p. eligibility. authorization of emergency appropriations for low income -- liheap. then it goes on and on. in any event, assistance and delivery, storage and distribution of the covid vaccination to name a few of the immediate needs that people have. everybody has their personal experience. my daughter's home has no water. pipes are breaking all over because of the cold. again, they can handle it. a lot of people can't. the question of needing water and food and energy and vaccines and the rest. we really have to be on top of that. hope that there would be some preparation for the future. this was in many ways predictable in a long rage of weatherizing the infrastructure of energy in the state. that's a longer range discussion. to have given people an earlier alert as to what their concerns would be. i believe the energy and commerce committee will be taking up some form of --
assistance for sba to aid small businesses. request for implement disaster supplemental nutrition, s.n.a.p., and to allow temporary flexibility in s.n.a.p. eligibility. authorization of emergency appropriations for low income -- liheap. then it goes on and on. in any event, assistance and delivery, storage and distribution of the covid vaccination to name a few of the immediate needs that people have. everybody has their personal experience. my daughter's home has no water. pipes are breaking...
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Feb 5, 2021
02/21
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MSNBCW
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eye 84
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i was chairing the hearing of the sba administrator. i know what happened at the meeting. there was broad support among the committee chairman to deliver a 1.9 trillion package to the president. we think that's the right number. we think the provisions that are within our jurisdiction for small business, that mean more targeted aid. for the idle program, it means helping out restaurants, it means helping out some nonprofits who haven't been able to get qualified and it means targeting the aid to those small businesses that really need it. particularly in the underserved communities and minority communities. so we think it is essential to hear this package and that's what the president heard. >> let me read this to you. it is from former treasury secretary lawrence emers who wrote an op ed. if a stimulus proposal is enacted, congress would have committed 15% of gdp with essentially no increase in public investment to address these challenges. after resolving the crisis, how will political space be found for the public investments that should be the nation's highest priority
i was chairing the hearing of the sba administrator. i know what happened at the meeting. there was broad support among the committee chairman to deliver a 1.9 trillion package to the president. we think that's the right number. we think the provisions that are within our jurisdiction for small business, that mean more targeted aid. for the idle program, it means helping out restaurants, it means helping out some nonprofits who haven't been able to get qualified and it means targeting the aid...
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Feb 19, 2021
02/21
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MSNBCW
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eye 279
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we were talking to fema, talking to the sba, we were talking to every agency. we were working together with local officials asking what they needed. you just -- you almost had a checklist, especially somebody like jeb bush. if i had ever decided i was going to go on a foreign overs when a hurricane had hit, i promise my staff would have -- before letting me do that, they would have put a tranquilizer gun, shot me in any neck to stop me from going. this is actually beyond the realm of anything -- i'm almost speechless, rick. how does something like this happen? >> well, good morning, joe. well, look, i'm just a dumb country guy. in the very sophisticated world of political communication this is what you call a dumbass move. there's no excuse for it. it's really remarkable that in moments that require leadership, like leadership in a disputed election, like leadership in a pandemic, and leadership in a manmade and natural disaster in texas. texas is losing $3 billion a day because of the incompetence of the management of the power grid. and that was foreseeable.
we were talking to fema, talking to the sba, we were talking to every agency. we were working together with local officials asking what they needed. you just -- you almost had a checklist, especially somebody like jeb bush. if i had ever decided i was going to go on a foreign overs when a hurricane had hit, i promise my staff would have -- before letting me do that, they would have put a tranquilizer gun, shot me in any neck to stop me from going. this is actually beyond the realm of anything...
SFGTV: San Francisco Government Television
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30
Feb 1, 2021
02/21
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SFGTV
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eye 30
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with the small business community, the fact we have somebody with both feet planted within sba is a huge asset to this commission and to the community. i have seen her put that to work behind-the-scenes helping, for instance the venue community get situated with webinairs and trains. her attention to details, you know, particularly with respect to how it affects the smallest businesses. i am so grateful for her lived experience, managing these and through the family business and her advocacy work on behalf of those folks. we have a fantastic group. it is an honor to serve with her. i want to second and echo and amplify everything commissioner adams said. >> thank you very much. commissioner zouzounis, do you have anything to adds for your nomination? >> i am honored to take on another year of leadership for the small business commission. it is a privilege working with all of you and fighting for the livelihood of small business in the city. i do consider myself still a student in many regards, however, i am surrounded by mentors and i believe that we have a lot ahead of us in terms
with the small business community, the fact we have somebody with both feet planted within sba is a huge asset to this commission and to the community. i have seen her put that to work behind-the-scenes helping, for instance the venue community get situated with webinairs and trains. her attention to details, you know, particularly with respect to how it affects the smallest businesses. i am so grateful for her lived experience, managing these and through the family business and her advocacy...
SFGTV: San Francisco Government Television
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54
Feb 3, 2021
02/21
by
SFGTV
tv
eye 54
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with the small business community, the fact we have somebody with both feet planted within sba is a huge asset to this commission and to the community. i have seen her put that to work behind-the-scenes helping, for instance the venue community get situated with webinairs and trains. her attention to details, you know, particularly with respect to how it affects the smallest businesses. i am so grateful for her lived experience, managing these and through the family business and her advocacy work on behalf of those folks. we have a fantastic group. it is an honor to serve with her. i want to second and echo and amplify everything commissioner adams said. >> thank you very much. commissioner zouzounis, do you have anything to adds for your nomination? >> i am honored to take on another year of leadership for the small business commission. it is a privilege working with all of you and fighting for the livelihood of small business in the city. i do consider myself still a student in many regards, however, i am surrounded by mentors and i believe that we have a lot ahead of us in terms
with the small business community, the fact we have somebody with both feet planted within sba is a huge asset to this commission and to the community. i have seen her put that to work behind-the-scenes helping, for instance the venue community get situated with webinairs and trains. her attention to details, you know, particularly with respect to how it affects the smallest businesses. i am so grateful for her lived experience, managing these and through the family business and her advocacy...
SFGTV: San Francisco Government Television
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Feb 15, 2021
02/21
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SFGTV
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eye 43
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an sba the sba, tt, cs area. >> seeing none. item 3, all of the reports by board members area hearing on, lastly, calendar of committee meeting, i just want to announce for or clarify given our dubious previous discussion about forming a new committee to respond to specifically the response, there is talk about shifting our committee meetings to incorporate that work in the covid response committee that we were not adding another meeting to our already overloaded schedule. so i won't share future meetings tonight and we will clarify soon when this next ad hoc committee can begin. and commissioners will be able to incorporate any of the work that's going through their committees in response to covid. >> hope i'm making sense. section oh, other information items. section e, memorial adjournment. . commissioner collins. >> i want to name again just that this is time for us to have silence and remembrance for the lives that have been lost to covid and for the families and community members who'd been impacted since this year also th
an sba the sba, tt, cs area. >> seeing none. item 3, all of the reports by board members area hearing on, lastly, calendar of committee meeting, i just want to announce for or clarify given our dubious previous discussion about forming a new committee to respond to specifically the response, there is talk about shifting our committee meetings to incorporate that work in the covid response committee that we were not adding another meeting to our already overloaded schedule. so i won't...
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Feb 19, 2021
02/21
by
KPIX
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eye 192
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in addition to that, sba is typically made available in disasters.hat is another form of assistance through low-interest loans that can help individuals. >> has the pandemic limited your ability to get relief to texas? >> no. the pandemic hasn't limited -- if anything i've had staff from the pandemic as we were in the process of opening many community vaccine centers across many states. so i've had staff there working on those. in fact, we are still hopeful to set up some three community vaccine centers next week in houston, dallas, and arlington. so it allowed me to have staff there already to start responding to this. >> bob fenton, thank you very much for being with us this morning, we really appreciate it. acting fema administrator. >> thank you. >>> and the multiple storms in texas and throughout the country are adding a new urgency to the bipartisan push for new funding for america's states and cities. in a letter, more than 400 mayors are imploring congress to approve $350 billion in aid as part of the president's covid relief plan. ed o'keefe
in addition to that, sba is typically made available in disasters.hat is another form of assistance through low-interest loans that can help individuals. >> has the pandemic limited your ability to get relief to texas? >> no. the pandemic hasn't limited -- if anything i've had staff from the pandemic as we were in the process of opening many community vaccine centers across many states. so i've had staff there working on those. in fact, we are still hopeful to set up some three...
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Feb 26, 2021
02/21
by
CSPAN3
tv
eye 67
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and, finally, the bill $1.5 billion in administrative expenses to sba. these funds will help the agency have these programs effectively and get aid to small business owners as soon as possible. i am proud of all the work our community put into this bill which garner bipartisan support during and i urge my colleagues to join me in supporting it. i will be happy to take any questions. thank you for having me. >> thank you very much. now happy to welcome ranking member lukamier. >> thank you, chairman mcgovern and ranking member cole. the rescue plan act of 2021. mr. chairman, i strongly oppose this rule and underlying legislation. our nation's small businesses are hurting. the challenges of the covid-19 pandemic have continued to mount for them. despite these circumstances, they have tried their best to move forward, adapting state and federal guidelines and mandates, restrictions and shut downs. they are suffering severe financial hardship and most have been forced to permanently close their doors. sadly, the data shows that if we had been able to respons
and, finally, the bill $1.5 billion in administrative expenses to sba. these funds will help the agency have these programs effectively and get aid to small business owners as soon as possible. i am proud of all the work our community put into this bill which garner bipartisan support during and i urge my colleagues to join me in supporting it. i will be happy to take any questions. thank you for having me. >> thank you very much. now happy to welcome ranking member lukamier. >>...
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Feb 2, 2021
02/21
by
FOXNEWSW
tv
eye 94
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the first time sba agents have been shot and killed in the line of duty since 2008.eveloping story at this hour. hello, everyone, i am sandra smith. >> john: and i am john roberts in washington, d.c. flag show the body being unloaded from an ambulance earlier today. the fbi confirming that to the agents were shot while serving a warrant involving violent crimes against children. two other wounded agents went to a nearby hospital and are in stable condition. the suspect died during the standoff. phil keating live at the scene in sunrise, florida. right outside of fort lauderdale. what is the latest? >> it is brutal, brazen, and dramatic way for two fbi officers to die, three others wounded. two in stable condition in a hospital and all happened around 6:00 a.m. this morning straight down the street from where i am. which remains closed off seven hours after the 6:00 a.m. shooting. what happen was the fbi was serving a federal search warrant for a man who was accused of crimes against children. we are not clear yet whether that is just possession of child pornography,
the first time sba agents have been shot and killed in the line of duty since 2008.eveloping story at this hour. hello, everyone, i am sandra smith. >> john: and i am john roberts in washington, d.c. flag show the body being unloaded from an ambulance earlier today. the fbi confirming that to the agents were shot while serving a warrant involving violent crimes against children. two other wounded agents went to a nearby hospital and are in stable condition. the suspect died during the...
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179
Feb 23, 2021
02/21
by
FBC
tv
eye 179
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the sba couldn't do that as a government agency, distribute over $600 billion to small businesses.fficiently. so, look, this is the greatest system ever created by man and womankind ever in the history of this earth and let's use it. let's use the greatest banking system that we have, maria. maria: all right alex, good to see you this morning. thank you so much. alex sanchez. we'll be right back. my retirement plan with voya keeps me moving forward... even after paying for this. love you, sweetheart. they guide me with achievable steps that give me confidence. this is my granddaughter...she's cute like her grandpa. voya doesn't just help me get to retirement... ...they're with me all the way through it. come on, grandpa! later. got grandpa things to do. aw, grandpas are the best! well planned. well invested. well protected. voya. be confident to and through retirement. so you're a small business, or a big one. you were thriving, but then... oh. ah. okay. plan, pivot. how do you bounce back? you don't, you bounce forward, with serious and reliable internet. powered by the largest gi
the sba couldn't do that as a government agency, distribute over $600 billion to small businesses.fficiently. so, look, this is the greatest system ever created by man and womankind ever in the history of this earth and let's use it. let's use the greatest banking system that we have, maria. maria: all right alex, good to see you this morning. thank you so much. alex sanchez. we'll be right back. my retirement plan with voya keeps me moving forward... even after paying for this. love you,...
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Feb 12, 2021
02/21
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CSPAN
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eye 66
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. >> isabel guzman, administrator at the sba, spoke to members of the small business and entrepreneurship for her hearing before a committee hearing -- for a confirmation
. >> isabel guzman, administrator at the sba, spoke to members of the small business and entrepreneurship for her hearing before a committee hearing -- for a confirmation
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biggest losers among the s&p 500, hasbro, netflix, sba, but the top of the board their hasbro way downers, always like to see the winners, disney reporting earnings thursday afternoon. that's a new high, 185, chevron, ibm, boeing, catapult her on the upside. among the dow 30 there are-- s&p-- tongue-tied here, s&p winners to be clear on your screen right now some of them up nearly 12% in the rest of four, 5%. the big attraction last night with all eyes on the super bowl. did you catch some of the commercials like this one? related. >> liking good neighbor -- like a good neighbor. stand into don't have lines. stuart: i should remember that. that was one of the big hits we will show you some of our favorites in the commercials getting the biggest buzz. we will do that next. ♪♪ (naj) at fisher investments, we do things differently and other money managers don't understand why. (money manager) because our way works great for us! (naj) but not for your clients. that's why we're a fiduciary, obligated to put clients first. (money manager) so, what do you provide? cookie cutter portfolios? (n
biggest losers among the s&p 500, hasbro, netflix, sba, but the top of the board their hasbro way downers, always like to see the winners, disney reporting earnings thursday afternoon. that's a new high, 185, chevron, ibm, boeing, catapult her on the upside. among the dow 30 there are-- s&p-- tongue-tied here, s&p winners to be clear on your screen right now some of them up nearly 12% in the rest of four, 5%. the big attraction last night with all eyes on the super bowl. did you...
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Feb 9, 2021
02/21
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CSPAN
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eye 105
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these remaining funds include sba's tpp program, $280 million. health spending, $239 billion. loans, $172 billion. unemployment insurance, $172 billion. education funding, $59 billion. state and local aid, $58 billion. stimulus checks, $62 billion. agriculture, $29 billion. should congress just pause and see where the target is needed before enacting another large stimulus package? that is my main concern. i believe i am out of time, and i yield to the floor. rep. waters: the gentlewoman's time has expired. next, the gentleman from new york and chairman of the house committee on foreign affairs, mr. meeks, for five minutes. rep. meeks: thank you, madam chair, and think you to the witnesses for your testimony. i'm going to start with mr. anthony. i heard mr. hill state that we face an enemy we knew nothing about in the beginning, and i know a state like my state of new york was one of the hardest hit states, and it seemed to me at that particular point that the then president of the united states basically underplayed what could and should have been done at that particular time
these remaining funds include sba's tpp program, $280 million. health spending, $239 billion. loans, $172 billion. unemployment insurance, $172 billion. education funding, $59 billion. state and local aid, $58 billion. stimulus checks, $62 billion. agriculture, $29 billion. should congress just pause and see where the target is needed before enacting another large stimulus package? that is my main concern. i believe i am out of time, and i yield to the floor. rep. waters: the gentlewoman's time...
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102
Feb 19, 2021
02/21
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CSPAN3
tv
eye 102
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these remaining funds include hl sba's tpp program, $280 million. health spending, $239 billion. eidl loans, $172 billion. unemployment insurance expansion, $172 billion.and lo education funding, $59 billion. state and local aid, $58 billion. stimulus checks, $52 billion, ou food stamps, $33ld con billion. agriculture 29 billion. you know, should congress be pausing to see -- i believe i'mn outew of time and i shall yielde back. chairman of the house committee on foreign affairs for five minutes. >> thank you, madamthe chair. and thank you to all the antnesses for your testimony today. i'm going to start out with mr. anthony. i heard mr. hill stated that weo facedth an enemy we knew nothin about in the beginning. p and ioi know that my state likey state of new york was one of the hardest hit first. and it seemed to me at that particular point the then president of cou theld a united basically underplayed what should and what could be dup at that particular time as well as aids to states i know to new york and to states that were initially hit. york so my question is that if you h
these remaining funds include hl sba's tpp program, $280 million. health spending, $239 billion. eidl loans, $172 billion. unemployment insurance expansion, $172 billion.and lo education funding, $59 billion. state and local aid, $58 billion. stimulus checks, $52 billion, ou food stamps, $33ld con billion. agriculture 29 billion. you know, should congress be pausing to see -- i believe i'mn outew of time and i shall yielde back. chairman of the house committee on foreign affairs for five...