Small Business Administration

Ruth asks…

What is the jurisdiction for the Small Business Administration?

I can’t find it anywhere. What is the jurisdiction for the Small Business Administration?

admin answers:

This is from the Small Business Administration website

The U.S. Small Business Administration (SBA) was created in 1953 as an independent agency of the federal government to aid, counsel, assist and protect the interests of small business concerns, to preserve free competitive enterprise and to maintain and strengthen the overall economy of our nation. We recognize that small business is critical to our economic recovery and strength, to building America’s future, and to helping the United States compete in today’s global marketplace. Although SBA has grown and evolved in the years since it was established in 1953, the bottom line mission remains the same. The SBA helps Americans start, build and grow businesses. Through an extensive network of field offices and partnerships with public and private organizations, SBA delivers its services to people throughout the United States, Puerto Rico, the U. S. Virgin Islands and Guam.

I hope this helps answer your question.

Donna asks…

Can someone please answer these questions for me regarding the Small Business Administration?

I am stuck on these 2 question about the Small Business Administration – can anyone help me out with answering these two? Please!

To whom, if anyone, does an agency report?

Where do the legislative and judicial branches come into play with investigation and enforcement of your identified agency?

admin answers:

Lisa got you what you asked.

Don’t forget it’s a bureaucracy, therefor; It is self serving.

Donald asks…

Would I be able to get $6,000 or less from the Small business Administration to start a small business?

Hello, Everyone. I have this business idea and I need $6,000 to start it but I can also start it with $3,000 too. Would it be too much for the small business administration to lend me this amount of money if i don’t have a job?

admin answers:

The SBA does not lend money. Banks do. The SBA may guarantee some of the loan, but in your circumstances, forget about it.

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