Snowe and Kerry Introduce SBA Lender Oversight Legislation
U.S. Newswire, November, 2007
To: POLITICAL EDITORS
Contact: CONTACTS: Rachel Irwin (Snowe), 1-202-224-5344, or Kathryn Seck (Kerry) 1-202-224-9431, both of U.S. Senate Committee on Small Business & Entrepreneurship
WASHINGTON, Nov. 1 /PRNewswire-USNewswire/ -- U.S. Senate Small Business and Entrepreneurship Committee Ranking Member Olympia J. Snowe (R-ME) and Chairman John F. Kerry (D-MA) today introduced the Small Business Lending Oversight and Program Performance Improvements Act of 2007 to measure the economic outcomes and improve the oversight of the Small Business Administrations signature 7(a) and 504 lending programs. The legislation will ensure that the SBA will assess the quality and performance of these loan programs so that they benefit small businesses to the maximum degree...
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