Program Evaluation Small Business Administration
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SBA 7(a) Loan Program: Final Program Evaluation Design
Laxmi Giri
California State University, Long Beach
PPA 696 - Wednesday 4 PM
Presented to: Professor Dr. David C. Powell
October 16, 2013
Final Program Evaluation Design
Executive Summary
The Small Business Administration (SBA) administers different loan programs to support small businesses' growth. The agency negotiates with private lenders on behalf of high-risk small businesses and guarantees up to 85% of the principal and interest of the loan. The borrowers can use the loan to finance working capital, invest on assets and pay the business debts. In comparison to other loan program of SBA, 7(a) loan borrowers have more flexibility to utilize resources. SBA is a politically charged Federal agency. Along with data availability, time constraints, and budget, political intervention can be very challenging in term of program evaluation process. The research design utilized qusai-experimental longitudinal time series. By using the probability stratified random sampling, I created the replica of the real world assisted businesses. The program evaluation design has used the mix, quantitative and qualitative data collection methodology to conduct survey.
SBA 7 (a) Loan Program Description
Small Business Administration provides general loan, 7 (a), to small businesses operating in the United States of America and its territories. According to SBA, small businesses must meet following requirement to apply the 7 (a) loan program.
* Operate for profit
* Be small (defined by SBA)
* The business must operate in the United States and its territories
* Have reasonable invested equity
* Use alternative financial resources such as personal finance before seeking for SBA loan
* Be able to demonstrate need for loan
* Use the fund for sound business purpose
* Not be delinquent on any existing debt obligations to the United States government.
Small Business...
Laxmi Giri
California State University, Long Beach
PPA 696 - Wednesday 4 PM
Presented to: Professor Dr. David C. Powell
October 16, 2013
Final Program Evaluation Design
Executive Summary
The Small Business Administration (SBA) administers different loan programs to support small businesses' growth. The agency negotiates with private lenders on behalf of high-risk small businesses and guarantees up to 85% of the principal and interest of the loan. The borrowers can use the loan to finance working capital, invest on assets and pay the business debts. In comparison to other loan program of SBA, 7(a) loan borrowers have more flexibility to utilize resources. SBA is a politically charged Federal agency. Along with data availability, time constraints, and budget, political intervention can be very challenging in term of program evaluation process. The research design utilized qusai-experimental longitudinal time series. By using the probability stratified random sampling, I created the replica of the real world assisted businesses. The program evaluation design has used the mix, quantitative and qualitative data collection methodology to conduct survey.
SBA 7 (a) Loan Program Description
Small Business Administration provides general loan, 7 (a), to small businesses operating in the United States of America and its territories. According to SBA, small businesses must meet following requirement to apply the 7 (a) loan program.
* Operate for profit
* Be small (defined by SBA)
* The business must operate in the United States and its territories
* Have reasonable invested equity
* Use alternative financial resources such as personal finance before seeking for SBA loan
* Be able to demonstrate need for loan
* Use the fund for sound business purpose
* Not be delinquent on any existing debt obligations to the United States government.
Small Business...