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FEDERALhearing transcript
High Impact

Senate Review of SBA Disaster Response to 2017 Hurricanes

Original title: AN EARLY REVIEW OF SBA'S RESPONSE TO THE 2017 HURRICANES

January 1, 2018

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The Frame

What this does

This hearing establishes the oversight framework for how the distributes low-interest, long-term disaster loans to residents and businesses in regions impacted by the 2017 hurricanes.

Who is mentioned in the record

Potentially affected actors named in the source documents. Mention is not a position.

Small business owners in hurricane-affected areas

These entities are eligible to apply for low-interest, long-term disaster loans to assist with recovery.

Homeowners and renters in hurricane-affected areas

These individuals are eligible to apply for SBA disaster loans to address property damage.

What changed

Last recorded activity January 1, 2018.

What's next

Next step not available in the current record.

Summary

The Senate Committee on Small Business and Entrepreneurship held a hearing to evaluate the Small Business Administration's () initial response to the 2017 hurricane season. The session focused on the agency's coordination with FEMA and its role in providing disaster loans to businesses, homeowners, and renters affected by Hurricanes Harvey, Irma, and Maria.

Key Facts

  • The hearing was held on September 27, 2017, to review the SBA's early response to Hurricanes Harvey, Irma, and Maria.
  • The SBA provides low-interest, long-term disaster loans to businesses, non-profits, homeowners, and renters following natural disasters.
  • The SBA's disaster response mandate extends beyond small businesses to include all private organizations and individuals affected by disasters.
  • The committee identified significant infrastructure challenges, including downed power and phone lines, hindering recovery efforts in affected regions.
  • The affected regions include Texas, Florida, Puerto Rico, the U.S. Virgin Islands, and other parts of the Caribbean.

Frequently Asked Questions

What is the SBA's role in disaster recovery?
The provides low-interest, long-term disaster loans to businesses, non-profits, homeowners, and renters who have experienced hardships due to natural disasters.
Who is eligible for SBA disaster assistance?
Eligibility extends to small businesses, all other private businesses, non-profit organizations, homeowners, and renters affected by the declared disasters.

Why It Matters

This hearing establishes the oversight framework for how the distributes low-interest, long-term disaster loans to residents and businesses in regions impacted by the 2017 hurricanes.

News Coverage

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Sponsors

Discoveries

Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.

policy shift90% confidence

Broadened SBA Scope

The hearing highlights that during disaster recovery, the SBA's mandate expands from small businesses to include all private entities and individuals.

Connected Entities

organizationFEMAFederal agency coordinating with the SBA on disaster responseMap →
organizationSmall Business AdministrationFederal agency responsible for providing disaster loansMap →
personJames E. RischChairman of the Senate Committee on Small Business and EntrepreneurshipMap →
personJames RiveraAssociate Administrator, Office of Disaster Assistance, SBAMap →
personJeanne ShaheenRanking Member of the Senate Committee on Small Business and EntrepreneurshipMap →

Sources

Open source document

www.govinfo.gov

Analysis Score

0–100
  • Significance85
    How much this matters to a regular citizen
  • Controversy20
    Intensity of disagreement among stakeholders
  • Entertainment10
    Compellingness for a non-policy-wonk reader
  • Buzz15
    Current news / social attention level

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