I don't know where the first one went, but, Commercial and community banks are not doing SBA loans in our area. They say that if they like the project they will do it themsleves. They don't want to do the papaerwork. This leaves room for bias for small and minority businesses. Suggestion; more or start mandatory trainning for Banks to remain in the program. Set minimum requirements of loans to stay in the program. Do more of the paper processing internally. hve been trying for two years to get an 1100 jobs Incubator funded. Was told by tarp Banks, they are not interested in greating loans only making a profit.
Idea No. 49