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Hyde outlines SBA permanence and small business acts
Congressman DeWitt S. Hyde reports on extending the Small Business Administration’s life, lowering loan rates from 6 to 5.42 percent, boosting single-borrowing limits to 5500,000, and supporting the Small Business Investment Act of 1958 to create privately owned investment companies. The plan envisions state-chartered funds and no direct federal investment, plus transferring the Pension Building to Smithsonian for the Air Museum, with hearings on metropolitan economic growth and regional development.
MENTIONED IN THIS ARTICLE
DeWitt S. Hyde
Maryland
Washington
Small Business Administration
Smithsonian