Comment on FR Doc # E9-10359

Document ID: SBA-2009-0006-0004
Document Type: Public Submission
Agency: Small Business Administration
Received Date: May 05 2009, at 12:00 AM Eastern Daylight Time
Date Posted: December 10 2009, at 12:00 AM Eastern Standard Time
Comment Start Date: May 5 2009, at 12:00 AM Eastern Standard Time
Comment Due Date: August 3 2009, at 11:59 PM Eastern Standard Time
Tracking Number: 80974f04
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Tangible net worth and net income do not provide a true measure of the size of a business concern. This can be illustrated by the fact that four of the first 100 of Fortune Magazine's 500 largest businesses in the US appear, based upon their latest 10-K filings with the SEC, to meet this standard for "small". Those four are: General Motors, Ford Motor, Time Warner and Sprint Nextel, respectively numbers 4, 7, 48 and 64 on the list of 500. It is unfortunate that these "size" limits apply to the CDC and SBIC programs; while those are programs of the Small Business Administration, they are not truly programs for small businesses. Extension of these limits to the 7(a) program, the flagship program of the SBA, moves the SBA's mission farther from its core mission - to foster growth of small businesses

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