Under Mills' leadership, the SBA took a holistic approach toward helping small businesses. She continually said it wasn't enough for the government to just guarantee loans for companies that could get them. Businesses that weren't strong enough to get financing needed counseling and education so they could succeed â¿¿ and create jobs to help the country recover from the recession."It turns out, if you give them the money without also some other tools, it is not as effective," Mills said in an April 2012 interview with The Associated Press. "We have data that shows that if you are a small business who has a long-term counselor, you get better sales, you get more longevity, you hire more people."
SBA Head Mills To Depart; Led Through Hard Times
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts