Congressman Peter Welch: Small Business Federal Disaster Relief Proposal

Embed This Player

Download: H.264/AAC mp4 file Creative Commons License

Tell us about your experience with this online video, click here.

Description

In meetings with small business owners impacted by Irene, Rep. Peter Welch heard one recurring theme about federal disaster relief programs: They did not meet the needs of many small businesses. In the days and weeks following Irene, SBA distributed over 1,900 business disaster loan applications. Only 234 businesses submitted a completed application, of which only 137 loans were approved. In a letter to the Small Business Administration (SBA), Welch is asking SBA Administrator Karen Mills to create a new microloan category within the existing SBA disaster loan program. Targeting businesses with fewer than 50 employees, this new loan program would provide smaller, expedited loans with reduced paperwork requirements. He is joined by Skip Hoblin, the owner of Snowfire Auto in Moretown, which sustained damage from Irene. 

Order Now!

Summary

Airtimes

1 Monday July 9, 2012 at 6:30 PM
2 Wednesday July 11, 2012 at 6:30 PM
3 Thursday July 12, 2012 at 5:40 AM
4 Thursday July 12, 2012 at 11:40 AM
5 Tuesday July 17, 2012 at 5:35 AM
6 Tuesday July 17, 2012 at 11:35 AM
7 Tuesday July 17, 2012 at 10:20 PM
8 Wednesday July 18, 2012 at 3:20 AM
9 Wednesday July 18, 2012 at 9:20 AM
10 Monday July 23, 2012 at 2:00 PM

Worker

Rob Reiber

Featured Story

Applications Now Open for the Spring/Summer 2024 Cohort of the Neighborhood Community Media Internship Program at Town Meeting TV

Town Meeting TV is excited to announce that applications are now open for the Spring/Summer 2024 cohort of the Neighborhood Community Media Internship program. Join 8 other youth to engage in interesting media making projects! This paid media internship opportunity is designed for youth aged 16-20 who are eager to gain professional experience in the audio-visual field and develop a deeper understanding of their local community. 5 of these spots are specifically for students who are part of the Burlington My Brother's Keeper/My Sister's Keeper programs. The group will meet under the leadership of Town Meeting TV's Travis Washington from the beginning of April 2024 to the end of August 2024, on a schedule agreed upon by the whole cohort. Click here to apply!

Read more...

More News from the Center for Media and Democracy