Political Quotes

Nydia Velázquez: “Given the precedent set with PPP to not require a personal guaranty for loans to ESOPs and co-ops, why does SBA continue…”

On the recordMay 17, 2022
Given the precedent set with PPP to not require a personal guaranty for loans to ESOPs and co-ops, why does SBA continue requiring a personal or entity guaranty for 7(a) loans to co-ops and ESOPs?
Said by
Nydia Velázquez
Democratic · New York

Editor's note · Context

Velazquez questions the SBA's requirement for personal guarantees for certain loans.

Share

More from Nydia Velázquez

Feb 6, 2025

Do you trust Elon Musk with your most personal financial information, tax records, your Social Security numbers?

democracynow.org
Jun 29, 2025

We would never accept it if the NYPD operated in masks without names or badges—and we shouldn't accept it from ICE either.

commondreams.org
Jun 29, 2025

When agents hide their faces and identities they create chaos, fear, and open the door to abuse.

commondreams.org
Jan 10, 2024

I urge my colleagues not to engage in knee-jerk reactions that set back our real progress toward creating a more equitable criminal justice system.

congress.gov

Other voices in this conversation