Credit Needs of Small Business: Hearings Before a Subcommittee of the Committee on Banking and Currency, United States Senate, Eighty-fifth Congress, First Session [-second Session], on Various Bills to Amend the Small Business Act of 1953, as Amended. June 3, 4, 5, 6, 10, 11, 13, 18, and 20, 1957, Parts 1-2 |
From inside the book
Results 1-5 of 100
Page 6
... percent " the following : " ( 75 percent in the case of a national investment company chartered under the National In- vestment Company Act of 1957 ) ” . ( c ) Section 851 of the Internal Revenue Code of 1954 is amended by adding at the ...
... percent " the following : " ( 75 percent in the case of a national investment company chartered under the National In- vestment Company Act of 1957 ) ” . ( c ) Section 851 of the Internal Revenue Code of 1954 is amended by adding at the ...
Page 36
... percent of the invested capital of the company as defined in paragraph ( 7 ) ; and " ( B ) the dividends received credit provided in section 243 but such credit shall not exceed 85 percent of the portion of amounts added to the reserve ...
... percent of the invested capital of the company as defined in paragraph ( 7 ) ; and " ( B ) the dividends received credit provided in section 243 but such credit shall not exceed 85 percent of the portion of amounts added to the reserve ...
Page 44
... percent of the unpaid balance of the loan or the lender's insurance reserve . The insurance reserve is computed at 10 percent of the total amount of the loans made by each lender . The establishment of an adequate insurance reserve ...
... percent of the unpaid balance of the loan or the lender's insurance reserve . The insurance reserve is computed at 10 percent of the total amount of the loans made by each lender . The establishment of an adequate insurance reserve ...
Page 45
... percent of the appraised value of the property which secures it . 9. The terms of the loan must require installment payments sufficient to amor- tize not less than 5 percent of the principal of the loan each year , except that if the ...
... percent of the appraised value of the property which secures it . 9. The terms of the loan must require installment payments sufficient to amor- tize not less than 5 percent of the principal of the loan each year , except that if the ...
Page 50
... percent , and far more loans are outstanding to businesses of all sizes and kinds . A very closely related program ... percent of the loans approved by the agency . During this reporting period their participation was even greater - they ...
... percent , and far more loans are outstanding to businesses of all sizes and kinds . A very closely related program ... percent of the loans approved by the agency . During this reporting period their participation was even greater - they ...
Other editions - View all
Common terms and phrases
$1 million activities agency Air Force amended American Bankers Association amount applications approved Arkansas authority bankers Banking and Currency BARNES basis bill borrower BRENNAN business concerns business loans Chairman Commerce commercial banks Congress contracts Department development corporations development credit corporations disaster loans economic enterprises equity capital established Federal Reserve Act Federal Reserve banks Federal Reserve System financial assistance financial institutions financing Government industry interest JENKINS legislation lending Loan Policy Board long-term manufacturing MAXWELL MCCABE ment national investment company ness OECHSLE offices operation organization percent President problems procurement production proposed purchase purpose revolving fund Secretary securities Senator BUSH Senator CAPEHART Senator CLARK Senator FULBRIGHT Senator SPARKMAN set-asides Small Business Act Small Business Administration small firms small-business concerns statement subcontract technical THOMAS tion Treasury United United States Senate Washington