Amendment to Small Business Act of 1953: Hearing Before the Committee on Banking and Currency, House of Representatives, Eighty-fifth Congress, First Session, on H.R. 3109. January 23, 1957

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Page 1 - Not to exceed an aggregate of $150,000,000 shall be outstanding at any one time for the purposes enumerated in section 207 (a).
Page 13 - ... general policies (particularly with reference to the public interest involved in the granting and denial of applications for financial assistance by the Administration and with reference to the coordination of the functions of the Administration with other activities and policies of the Government), which shall govern the granting and denial of applications for financial assistance by the Administration.
Page 13 - 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.
Page 9 - It Is the policy of the Government as declared by the Congress that a fair proportion of the purchases and contracts for supplies and services for the Government be placed with small business concerns.
Page 5 - Mr. Chairman, I would like the privilege of inserting in the record a statement I have prepared in connection with the Small Business Administration, including a chart.
Page 1 - The CHAIRMAN. The committee will be in order. We have met this morning to consider HR 3109.
Page 9 - To make studies and recommendations to the appropriate Federal agencies to insure that a fair proportion of the total purchases and contracts for property and services for the Government be placed with small-business enterprises, to insure that a fair proportion of Government contracts for research and development be placed with small-business concerns...
Page 1 - Act of 1953 to increase the amount available thereunder for business loans /.'- it enacted by the Senate and House of Representatives of the United States of America in Congress assembled. That...
Page 2 - ... expanded in order to meet the demand, but the volume of loan applications coming to the Small Business Administration continues at a higher level. 2. The popularity of the Small Business Administration's limited loan participation plan, under which we will join with a bank in a loan to a small firm up to a maximum of $15,000 in Government funds, or 75 percent of the loan, whichever is the smaller. This plan was begun a little more than a year ago. and is especially designed to meet the credit...

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