Small business considerations, economics and research. Volume 9 / Peter R. Bennett, Margaret O. Myers, editors.

Format:

Book

Contributor:

Bennett, Peter R., editor.

Myers, Margaret O., editor.

Series:

Small business considerations, economics and research (Series)

Small Business Considerations, Economics and Research

Language:

English

Subjects (All):

Small business--United States.

Small business.

Physical Description:

1 online resource (208 pages).

Edition:

1st ed.

Place of Publication:

New York : Snova, [2018]

Summary:

This book is a compilation of CRS reports on the Small Business Administration's (SBA's) Small Business Investment Company (SBIC). The opening report discusses the program's statistics, structure and operations. The SBA's 7(a) loan guaranty program is discussed as it is one of the most significant programs aimed at supporting small businesses. Other SBA programs are described later, some of which include disaster assistance, contracting programs and capital investment programs. A program is also discussed which seeks to aid small businesses "owned and controlled by socially and economically disadvantaged individuals". This collection examines the SBA's budget as well as recent developments and future trends. Economic research is examined to identify which business models create the most jobs and then analyzed for possible implications for Congress. The book concludes by discussing bills introduced to amend the Small Business Lending Fund.

Contents:

Intro

Contents

Preface

Chapter 1

SBA Small Business Investment Company Program (Updated)(

Abstract

SBIC Program Overview

SBIC Types

SBIC Eligibility Requirements

SBIC Application Process

SBIC Capital Investment Requirements

Debenture SBICs

Participating Securities SBICs

Impact Investment Debenture SBICs

Early Stage Debenture SBICs

Key Features of Regular SBIC Types

SBIC Investments in Small Businesses

Leverage

Leverage Drawdown

Debenture SBIC Leverage Requirements

Participating Securities SBIC Leverage Requirements

Impact Investment Debenture SBIC Leverage Requirements

Reporting Requirements

SBIC Program Statistics

Total Financing

Financing to Specific Demographic Groups

Financing by State

Financing by Industry

Legislative Activity

Legislation to Target Additional Assistance to Startup and Early Stage Small Businesses

Discussion

Legislation to Increase SBIC Financing Levels

Concluding Observations

Appendix. Small Business Eligibility Requirements and Application Process

Small Business Eligibility Requirements

Small Business Application Process

Chapter 2

Small Business Administration 7(a) Loan Guaranty Program (Updated)*

Small Business Administration Loan Guaranty Programs

Borrower Eligibility Standards and Program Requirements

Borrower Eligibility Standards

Borrower Program Requirements

Use of Proceeds

Loan Amounts

Loan Terms, Interest Rate, and Collateral

Loan Terms

Interest Rate

Collateral

Lender Eligibility Standards and Program Requirements

Lender Eligibility Standards

PLP Lenders

Lender Program Requirements

The Application Process

SBA Guaranty and Servicing Fees

Lender Packaging, Servicing, and Other Fees

Program Statistics

Loan Volume.

Appropriations for Loan Subsidy Costs

Administrative Expenses

Use of Proceeds and Borrower Satisfaction

Borrower Demographics

Congressional Issues

Access to Capital

Program Administration

Oversight of 7(a) Lenders

Outcome-Oriented Performance Measures

Legislative Activity during the 111th Congress

The Obama Administration's Proposals

Arguments for Increasing the SBA's Maximum Loan Limits

Arguments against Increasing the SBA's Maximum Loan Limits

P.L. 111-5, the American Recovery and Reinvestment Act of 2009 (ARRA)

P.L. 111-240, the Small Business Jobs Act of 2010

Legislative Activity during the 112th Congress

Legislative Activity during the 113th Congress

Legislative Activity during the 114th Congress

Legislative Activity during the 115th Congress

Conclusion

Appendix. 7(a) Specialized Programs

SBAExpress Program

Export Express

Community Advantage 7(a) Loan Initiative

Chapter 3

Small Business Administration:

A Primer on Programs and Funding (Updated)(

Introduction

Entrepreneurial Development Programs

Disaster Loans

Overview

Types of Disaster Loans

Disaster Loans to Homeowners, Renters, and Personal Property Owners

Real Property Loans

Disaster Loans to Businesses and Nonprofit Organizations

Physical Disaster Loan

Economic Injury Disaster Loans

Pre-Disaster Mitigation Loan Program

Capital Access Programs

What Is a Business?

What Is Small?

Loan Guarantees Overview

7(a) Loan Guaranty Program

Variations on the 7(a) Program

Special Purpose Loan Guaranty Programs

The 504/CDC Loan Guaranty Program

International Trade and Export Promotion Programs

The Microloan Program

Contracting Programs

Prime Contracting Programs

Subcontracting Programs for Small Disadvantaged Businesses.

The 7(j) Management and Technical Assistance Program

Surety Bond Guarantee Program

Goaling Program

Office of Small and Disadvantaged Business Utilization

Regional and District Offices

Office of Inspector General

Capital Investment Programs

The Small Business Investment Company Program

New Market Venture Capital Program

Small Business Innovation Research Program

Small Business Technology Transfer Program

Growth Accelerator Initiative

Office of Advocacy

Executive Direction Programs

The National Women's Business Council

Office of Ombudsman

Faith-Based Initiatives

Appropriations

Index

Blank Page.

Notes:

Description based on print version record.

ISBN:

9781536143546

1536143545

OCLC:

1065417577