[Congressional Record Volume 147, Number 101 (Thursday, July 19, 2001)]
[Extensions of Remarks]
[Page E1373]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




DEPARTMENTS OF COMMERCE, JUSTICE, AND STATE, THE JUDICIARY, AND RELATED 
                   AGENCIES APPROPRIATIONS ACT, 2002

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                               speech of

                            HON. JERRY MORAN

                               of kansas

                    in the house of representatives

                        Wednesday, July 18, 2001

       The House in Committee of the Whole House on the State of 
     the Union had under consideration the bill (H.R. 2500) making 
     appropriations for the Departments of Commerce, Justice and 
     State, the Judiciary, and related agencies for the fiscal 
     year ending September 30, 2002, and for other purposes:

  Mr. MORAN of Kansas. Mr. Chairman, I rise today to speak in favor of 
the Small Business Administration 7a Loan program.
  Currently, 40% of all long term business loans of $1 million or less 
through private sector lenders have SBA involvement. Because of 
inadequate federal resources, SBA has had to rely on increased user 
fees. This results in higher costs and many lenders quit providing SBA 
loans because they are not profitable. This often means that small 
business are denied long term credit.
  Over the last eight years, over 5,500 small business loans were made 
in the state of Kansas. If SBA had not been available to finance these 
loans, most would not have been made. Small businesses are vital to the 
small communities in my district. Without the availability of these 
long term loans, many small business would never get off the ground. If 
SBA must continue to rely on user fees to fund SBA, the future of small 
businesses will be jeopardized.
  I urge my colleagues to support increasing SBA funding under the 
Commerce, Justice, State Appropriation bill.

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