[Congressional Record Volume 156, Number 90 (Wednesday, June 16, 2010)]
[House]
[Pages H4510-H4511]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
IN SUPPORT OF H.R. 5297
(Mr. QUIGLEY asked and was given permission to address the House for
1 minute.)
Mr. QUIGLEY. Mr. Speaker, I rise in strong support of H.R. 5297, the
Small
[[Page H4511]]
Business Lending Fund Act. This legislation will help the small
businesses in my district, such as Al & Joe's Deli, a family-owned
business in Franklin Park with sub sandwiches to die for, that is
looking to expand. It will also save businesses such as National
Plumbing & Heating Supply Company in Illinois, which had to shut down
after 60 years because banks ended its line of credit.
To respond to these problems, I will vote to create a new $30 billion
loan program to boost lending to small businesses so they can expand
and create jobs.
I also cosponsored an amendment that will include commercial real
estate lending as small business lending. This will complement regular
lending efforts and help businesses like Al & Joe's capitalize on
existing property to expand and create new jobs.
I urge my colleagues to pass this critical legislation.
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