It is the only govt. agency that makes money and creates employment in the process. For a fee, it guarantees banks a fraction of the money that lend to small businesses for expansion, purchase, etc. Private banks are conservative, commercial institutions who have very strict criteria for lending, and stand to lose if these loans are not repaid. The banks actively lend to Military Vets under a special program.
So, it is not your run-of-the mill govt. agency that sucks tax payer money that needs to be "limited", as you seem to think.
I think the SBA will be part of Trump’s plan to rebuild the inner cities.
Hi, All:
I’ve worked at the SBA for just over 6 years as a full time federal employee. I’ll write more in a bit, a LOT more, but trust me when I tell you that the SBA is like virtually ALL federal agencies; we take gigantic piles of taxpayer money and we shovel those piles into flaming pits all day every day, we waste money on a scale that the human mind can scarcely grasp, (maybe not as much as the far larger agencies) and yes, our very existence is unconstitutional and we are a jobs program for illiterate DC residents.
Hair-curling stories coming your way very soon!