We've transformed our Office of Disaster Assistance. A hallmark of these efforts is our streamlined disaster loan application. During Hurricane Katrina, it took almost 77 days to get a disaster loan turned around. Today, following important reforms, over 50 percent of the Sandy applications are coming in on-line and being turned around within 21 days. I have seen the impact of your work during my recent travels and you should be proud of the role that you are playing, across the Agency, to help those affected rebuild their lives and their businesses.Together, we've made selling to the federal government easier and more efficient. We've taken a zero tolerance stance on fraud, waste and abuse in federal contracting, created an Administration-wide emphasis on the importance of small business contracting and made it easier for small businesses to apply for federal contracts and to get paid quickly once they win contracts. As a result, in the last three years of reporting, small businesses have accessed more than $286.3 billion dollars in federal contracts. That is $32 billion more than the previous three years, even as overall contract spending decreased during those years.
SBA Administrator Karen Mills Announces Her Departure
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