Thursday, January 07, 2010

Letters of Support H.R. 4302

On Saturday I will be attending a New Year’s Celebration with Speaker Nancy Pelosi. I would greatly appreciate your sending an email of support for HR 4302. This is the bill that will provide funding for the rest of the fiscal year to provide the 90% guarantee on 7a and 504 SBA loans and waive the fees on these loans It will also increase the maximum size of SBA loans to $5 million from their current $2 million
Small Business California along with 33 other small business association will be sending a letter of support to every California House member.
I am asking that you send an email to Speakers Pelosi’s office as soon as possible.

The email should simply say:

Dear Speaker Pelosi
Small businesses in California are struggling and there is a need for capital so that we can grow our businesses and provide jobs that California so desperately needs. I am writing to ask that you support HR 4302 which will provide funding to keep in place the 90% guarantee on 7a and 504 SBA loans, waive the fees on these loans and increase the size of these loans to a maximum $5 million.
It is accepted wisdom that California cannot get itself out of double digit unemployment without small business. The passage of this bill will go a long way to help small business continue to be the economic engine that drives California’s economy and drives job growth.

Please send this email to
And Mark Herbert at

If you have ever had an SBA loan it would be great to include that and why it was important to you.

Your emails to Senators Boxer and Feinstein contributed greatly to getting them to cosponsor S2869 . This is the exact same bill in the Senate. Please send me a copy of the letter.

Scott Hauge
Small Business California
2311 Taraval Street
San Francisco, CA 94116

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