The Small Business Administration and Related Activities, Hearings Before Subcommittee No. 2 of ... 84-1 Pursuant to H. Res. 114 |
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adverse change advised agency amount application approved assistance authorization bank BARNES believe Benedict Brainard Industries called certification Chairman Congress Congressman contracts counsel course creditors committee Davidson December December 15 Defense Department definition Department of Defense disbursement ENGLES ETHEREDGE fact filed financial specialist Fisher Frank Brainard give going Government HAMLIN HIPKINS Horner HOSKINSON indicated inventory letter LEWIS Lindenhurst Loan Policy Board MANESS manufacturer matter ment MULTER November November 24 October October 29 operations participation percent PERLMUTTER plant problem procurement production purchase question reason received record reference regional director regional office representative RIEHLMAN ROBBINS ROOSEVELT Ross Davis Secretary SEELY-BROWN September 30 Small Business Act Small Business Administration small business concerns standby agreements statement subcommittee submitted talked TEETOR thing tion told Triest Washington office Western Electric York
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Page 452 - There shall be allowed as a depreciation deduction a reasonable allowance for the exhaustion, wear and tear (including a reasonable allowance for obsolescence) — (1) of property used in the trade or business, or (2) of property held for the production of income.
Page 501 - It is the declared policy of the Congress that the Government should aid, counsel, assist, and protect, insofar as is possible, the interests of small business concerns in order to preserve free competitive enterprise...
Page 195 - The essence of the American economic system of private enterprise is free competition. Only through full and free competition can free markets, free entry into business and opportunities for the expression and growth of personal initiative and individual judgment be assured.
Page 164 - ... of such sound value or so secured as reasonably to assure retirement or repayment...
Page 23 - Basic principles governing the granting and denial of applications for financial assistance: (a) Applications for financial assistance may be considered only when there is evidence that the desired credit is not otherwise available on reasonable terms. The financial assistance applied for shall be deemed to be otherwise available on reasonable terms, unless it is satisfactorily demonstrated that : (1) Proof of refusal of the required...
Page 152 - Government should aid, counsel, assist, and protect insofar as is possible, the interests of small-business concerns in order to preserve free competitive enterprise, to insure that a fair proportion of the total purchases and contracts for supplies and services for the Government be placed with small-business enterprises, and to maintain and strengthen the overall economy of the Nation.
Page 23 - Act, a small-business concern shall be deemed to be one which is independently owned and operated and which is not dominant in its field of operation.
Page 23 - SEC. 7. (a) The Administration Is empowered to make loans to enable small business concerns to finance plant construction, conversion, or expansion, including the acquisition of land; or to finance the acquisition of equipment, facilities, machinery, supplies, or materials; or to supply such concerns with working capital to be used in the manufacture of articles, equipment, supplies, or materials for war, defense, or civilian production or as may be necessary to insure a wellbalanced national economy...
Page 23 - Administration also is empowered — "(1) to make such loans (either directly or in cooperation with banks or other lending institutions through agreements to participate on an immediate or deferred basis) as the Administration may determine to be necessary or appropriate because of floods or other catastrophes...
Page 21 - The Administrator, as Chairman, the Secretary of the Treasury, and the Secretary of Commerce. Either of the said Secretaries may designate an officer of his Department, who has been appointed by the President by and with the advice and consent of the Senate, to act in his stead as a member of the Loan Policy Board with respect to any matter or matters. The Loan Policy Board shall establish...