The S.B.A. does not lend directly to businesses, but instead backs loans to encourage banks to invest in small businesses as part of a nearly $90 billion portfolio. Karen Mills backbankbillion Change image and share on social
President Obama vowed in his State of the Union address to make assisting domestic manufacturers a top priority for his second term. Karen Mills addressassistdomestic Change image and share on social
One of the most important things we hear is the S.B.A. needs to be ubiquitous. We do all these things, but people still don't know. Karen Mills hearimportantpeople Change image and share on social
My family was in two businesses - they were in the textile business, and they were in the candy business. The conversations around the dinner table were all about the factory floor and how many machines were running and what was happening in the business. I grew up very engaged in manufacturing and as part of a family business. Karen Mills businesscandyconversation share on social
I haven't checked this out yet, but one of our guys told me we have a counselor within 45 minutes to an hour of most small businesses in this country. That's really powerful. I call it our bone structure. Karen Mills bonebusinesscall share on social
The morale when I came in was not the best. It was because the agency had not been valued. Karen Mills agencymoralevalue Change image and share on social
Small businesses are really the engine in the economy. Karen Mills businesseconomyengine Change image and share on social
In October 2008, when the credit crunch hit, small businesses were really crushed by the lack of capital. Karen Mills businesscapitalcredit Change image and share on social
We are not going to be the agency where large businesses can masquerade as a small business and get a contract. We are closing down on fraud, waste and abuse. Karen Mills abuseagencybusiness Change image and share on social
One of the most important tools we have at the Small Business Administration (SBA) to reach high growth entrepreneurs is the Small Business Investment Company (SBIC) program. Karen Mills administrationbusinesscompany Change image and share on social