Political Quotes

“Mr. Speaker, today, I am pleased to introduce the Small Business Access to Capital and Efficiency Act, also known as Small Business ACE Act. As a member of the Small Business Committee and a former small business owner myself, I am proud to introduce a bill that will help reduce burdensome and conflicting regulations that are keeping small businesses from growth and access to capital. The Small Business Administration's 504 loan program helps small business owners grow their company and stimulate job creation, at no expense to taxpayers. Many favorite businesses like Magleby's Restaurant, Market Street Grill, Chobani Yogurt, FatBoys Ice Cream, and so many more, have expanded operations and hired new employees because of the SBA loan program. I love hearing the success stories of businesses like Premier Building Supply located in Lindon, Utah, a company that started in a garage back in 2009. Since then, Premier has quickly become a leader in supplying the Utah building industry and, with the help of an SBA 504 loan, has now grown into a 50,000-square foot facility with 150 employees. This is just one example of the many small businesses in Utah that have great potential for tremendous success if they have access to capital. However, as we see far too often, the Federal Government has maintained burdensome and conflicting regulations that weigh down the 504 program with uncertainty, and ultimately hurt the very businesses it was meant to help.…”