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SBA Finds 9/11 Loan Recipients Ineligible

Yet another example of how effective out government is at managing tasks… Do you really want them to take on medical care?
SBA finds most loan recipients Ineligible for funds

This entry was posted on Thursday, December 29th, 2005 at 10:11 am and is filed under General. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.

4 Responses to “SBA Finds 9/11 Loan Recipients Ineligible”

  1. Rooster77 says:
    December 31st, 2005

    I think you misread. They found that only 9/59 were eligible. Even better. These were STAR loans to help businesses hurt by the 9/11 attack. They found that out of 59 cases sampled:
    Only two of 42 borrowers interviewed were aware they had obtained a STAR loan.
    In cases where eligibility could not be established, 25 of 34 borrowers interviewed said they were not adversely affected by the terrorist attacks.
    Thirty-six of 42 borrowers questioned said they were not asked, or could not recall if they were asked, about the impact of the attacks on their businesses.

    There is our government in action. Just wait till they take over health care.

  2. Rooster77 says:
    December 31st, 2005

    haha. I made the health care comment without even seeing you had as well.

  3. EvilT says:
    January 1st, 2006

    Actually I was referring to 9/11/2005, I guess I should have included the year. ;-)

  4. EvilT says:
    January 1st, 2006

    Ahhh you were right. I’m thinking slow after the New Year partying… ;-) I corrected the entry.

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