Judy Chu actually said...

"In the past SBA said that their standard 7A loan programs are cheaper and more effective than the microloan program in helping low-income and small-dollar borrowers."

"With a sluggish economy, it is absolutely critical that programs like these succeed."

"Although subcontracts are an important entry point, more needs to be done to make them accessible to small firms."

"Today, small businesses are looking for so many opportunities to grow stronger and expand."