The Small Business Administration and Related Activities: Hearings Before Subcommittee No. 2 of the Select Committee on Small Business, House of Representatives, Eighty-fourth Congress, First Session, Pursuant to H. Res. 114, a Resolution Creating a Select Committee to Conduct a Study and Investigation of the Problems of Small Business |
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adverse change agency amount application approved authorization bank BARNES believe Benedict bidder Brainard Industries called certification Chairman Congress contractors contracts counsel course creditors committee Davidson Defense Department definition Department of Defense disaster loans disbursement ENGLES ETHEREDGE EVINS fact financial specialist Fisher Frank Brainard give going Government HAMLIN HILL HIPKINS Horner HOSKINSON indicated interest inventory letter LEWIS Lindenhurst Loan Policy Board MANESS manufacturer matter ment MULTER November November 18 November 24 October October 29 operation participation percent plant present problem procurement production purchase question reason record reference regional director regional office RIEHLMAN ROBBINS ROOSEVELT Ross Davis Secretary SEELY-BROWN September 30 Small Business Act Small Business Administration small business concerns standby agreements statement subcommittee submitted suggest talked TEETOR thing tion told Triest Washington Western Electric York
Popular passages
Page 448 - There shall be allowed as a depreciation deduction a reasonable allowance for the exhaustion, wear and tear (including a reasonable allowance for obsolescence) — (1) of property used in the trade or business, or (2) of property held for the production of income.
Page 193 - The essence of the American economic system of private enterprise is free competition. Only through full and free competition can free markets, free entry into business and opportunities for the expression and growth of personal initiative and individual judgment be assured.
Page 193 - It is the declared policy of the Congress that the Government should aid, counsel, assist and protect, insofar as is possible, the interests of small-business concerns in order to preserve free competitive enterprise, to insure that a fair proportion of the total purchases and contracts or subcontracts for property and services for the Government ( ) be placed with small business enterprises, to insure that a fair proportion of the total sales of Government property be made to such enterprises, and...
Page 162 - ... of such sound value or so secured as reasonably to assure retirement or repayment...
Page 298 - Whoever makes any statement knowing it to be false, or whoever willfully overvalues any security, for the purpose of obtaining for himself or for any applicant any loan, or extension thereof by renewal, deferment of action, or otherwise, or the acceptance, release, or substitution of security therefor...
Page 150 - Government should aid. counsel, assist, and protect insofar as is possible, the interests of small-business concerns in order to preserve free competitive enterprise, to insure that a fair proportion of the total purchases and contracts for supplies and services for the Government be placed with small-business enterprises, and to maintain and strengthen the overall economy of the Nation.
Page 21 - Act, a small-business concern shall be deemed to be one which is independently owned and operated and which is not dominant in its field of operation.
Page 21 - Administration also is empowered — "(1) to make such loans (either directly or in cooperation with banks or other lending institutions through agreements to participate on an immediate or deferred basis) as the Administration may determine to be necessary or appropriate because of floods or other catastrophes...
Page 19 - The Administrator, as Chairman, the Secretary of the Treasury, and the Secretary of Commerce. Either of the said Secretaries may designate an officer of his Department, who has been appointed by the President by and with the advice and consent of the Senate, to act in his stead as a member of the Loan Policy Board with respect to any matter or matters. The Loan Policy Board shall establish...
Page 20 - The Loan Policy Board shall establish general policies (particularly with reference to the public interest involved in the granting and denial of applications for financial assistance by the...