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House panel delays SBA loan ceiling hike amid corruption charges
Washington UPI reports the House Small Business subcommittee postponed the $2.3 billion SBA lending increase to $6.6 billion. Chairman Rep. Robert Stephens says a temporary raise could be considered after next week’s questions for SBA Administrator Kleppe. Kleppe warned minority programs may run out of funds by December if funds are not approved.
MENTIONED IN THIS ARTICLE
Washington
UPI
House
Small Business
Small Business Administration
Robert Stephens
D-Ga
SBA
Thomas Ss. ‘Kleppe
Stephens
Kleppe