Hearing: Small but Mighty: A Review of the SBA Microloan Program

Subcommittee on Economic Growth, Tax, and Capital Access (Committee on Small Business)

Thursday, March 7, 2019 (10:00 AM)

2360 RHOB
Washington, D.C.
The Small Business Administration’s (SBA) Microloan program has been in existence for over 20 years, and in that time, it has made a significant impact enhancing access to capital for America’s smallest businesses. In that time, the program has grown from a pilot program to a fully permanent program with success stories nationwide. However, for all the growth that the program has experienced, many of the rules governing it have not kept up with its growth. The hearing will review the program, how it functions, and explore what changes to the program would maximize its performance and efficiency.

Witnesses

Ms. Ceyl Prinster
President & CEO, Colorado Enterprise Fund, Denver, CO

Added 06/05/2019 at 02:06 PM
  • Witness Statement [PDF] Added 06/05/2019 at 02:06 PM
  • Witness Truth in Testimony [PDF] Added 06/05/2019 at 02:06 PM

Ms. Carolina Martinez
CEO, California Association for Micro Enterprise Opportunity, San Francisco, CA

Added 06/05/2019 at 02:06 PM
  • Witness Statement [PDF] Added 06/05/2019 at 02:06 PM
  • Witness Truth in Testimony [PDF] Added 06/05/2019 at 02:06 PM

Ms. Mariama Jallow
Owner, Mariama's Beauty Supply, Portland, ME

Added 06/05/2019 at 02:06 PM
  • Witness Statement [PDF] Added 06/05/2019 at 02:06 PM
  • Witness Truth in Testimony [PDF] Added 06/05/2019 at 02:06 PM

Ms. Michelle Richards
Executive Director, Great Lakes Women's Business Council, Livonia, MI, on behalf of Women Impacting Public Policy

Added 06/05/2019 at 02:06 PM
  • Witness Statement [PDF] Added 06/05/2019 at 02:06 PM
  • Witness Truth in Testimony [PDF] Added 06/05/2019 at 02:06 PM

Hearing Record

  • Hearing: Cover Page [PDF]

First Published: February 28, 2019 at 10:10 AM
Last Updated: June 5, 2019 at 02:06 PM