As a cosponsor of the 7(a) Loan Agent Oversight Act, I thank Mr. Meuser for his leadership and partnership on the important issue at hand, which is oversight of loan agent participation in the 7(a) program.
Williams supports oversight of loan agents in the 7(a) program.
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His story was inspiring, and it showed that with a little help, anyone can be an entrepreneur in America.
Now, when the SBA changed the 7a lending rules, Members of this committee repeatedly voice their concerns that changing the underwriting standards would lead to increased default rates.
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