Terminating GAO Review of the Dissolved Business Loan Program
Published: Jun 09, 1981. Publicly Released: Jun 09, 1981.
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Highlights
The President, in his revised fiscal year 1982 budget request, has proposed to eliminate the Displaced Business Loan Program. The Small Business Administration (SBA) is presently authorized to make loans to small businesses suffering substantial economic injury caused by construction projects supported in whole or in part by Federal, State, or local government entities having eminent domain authority. Displaced business loans are made to assist these businesses to continue in operation at existing locations or to re-establish elsewhere.