[Congressional Record Volume 169, Number 139 (Friday, August 25, 2023)]
[Extensions of Remarks]
[Page E791]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




               RECOGNIZING THE SMALL BUSINESS ASSOCIATION

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                         HON. ROBERT J. WITTMAN

                              of virginia

                    in the house of representatives

                        Friday, August 25, 2023

  Mr. WITTMAN. Mr. Speaker, I rise today to honor the 70th anniversary 
of the Small Business Administration.
  For 70 long years, the SBA has helped countless American 
entrepreneurs achieve their dreams. By fostering the growth and health 
of small businesses, the SBA has ensured that small businesses remain 
the backbone of the American economy. Today, we recognize the SBA's 
dedication and invaluable contributions to supporting innovation, 
economic opportunity, and ensuring the American economy remains 
vibrant, inclusive, and resilient for every American.
  The SBA's loan guarantee program has created millions of jobs, 
stimulated economic growth, and allowed countless Americans to realize 
their potential and follow their American Dream. Furthermore, the SBA 
has proven its commitment to helping socially and economically 
disadvantaged small business owners. Through its 8(a) Business 
Development Program, the SBA provides support, mentorship, and access 
to government contracts to those who would otherwise not have the 
opportunity to succeed. Additionally, the SBA has recognized the 
contributions of American women to the economy by establishing the 
Office of Women's Business Ownership, which empowers Women-owned small 
businesses to thrive.
  In times of crisis, the SBA has played a crucial role in disaster 
recovery by providing low-interest disaster loans to businesses and 
homeowners who need them. This was made clear when our country faced 
unprecedented challenges during the COVID-19 pandemic, in which the SBA 
played a crucial role in keeping our economy afloat with its relief 
programs.
  Mr. Speaker, I ask that you join me to honor the SBA for its service 
to small businesses over these past 70 years of dedication to keeping 
the spirit of entrepreneurship alive in our great Nation.

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