Press Releases

Chairman Chabot Sends Letter to SBA Monitoring Hurricane Relief Efforts

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Washington, August 31, 2017 | Sarah Althouse | comments

WASHINGTON – Today, House Small Business Committee Chairman Steve Chabot (R-OH) sent a letter to Small Business Administration Administrator Linda McMahon recognizing the SBA’s early efforts to respond quickly to Hurricane Harvey and encouraging SBA to continue to respond efficiently and effectively to the victims in Texas and Louisiana.

As you are aware, the Committee reviewed SBA’s Disaster Loan Program at its April 26, 2017 hearing.  The program necessarily improved following Hurricane Katrina and Hurricane Sandy.  In the wake of those disasters, the oversight community—including Congress, the Government Accountability Office, and the SBA Office of Inspector General—made several recommendations and took legislative action to help SBA improve its disaster loan program.  SBA has largely implemented these recommendations and legislative provisions.  At the hearing, however, the Committee emphasized that SBA must continue improving its loan process times while also guarding against fraud and abuse in the program.  Although a difficult task, SBA reassured the Committee at the hearing it was capable and ready for that next big disaster,” said Chairman Chabot.

“As I emphasized in April’s hearing, the Committee wants to help SBA to make sure it is prepared.  I look forward to continuing to work with you to ensure that SBA has the tools necessary to aid the Hurricane Harvey victims from homeowners to small business owners,” he said.

The full letter can be read HERE

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