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Troubled Waters

It's been a year of scandal, criticism and change at the SBA.

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This story appears in the July 2006 issue of Entrepreneur. Subscribe »

Recently, the SBA has come under a hailstorm of criticism for everything from its response to the Katrina disaster to the way it helped companies recover from 9/11: The Associated Press reported that some of the loans designated for companies impacted by terrorism went to a perfume firm in the Virgin Islands, a winery in Oregon and other unaffected businesses. One prominent senator even held hearings on whether the SBA should be abolished.

With the SBA on everyone's mind, we put questions about the organization to this month's "Point/Counterpoint" team, New Mexico Democrat Rep. Tom Udall and Arizona Republican Rep. Rick Renzi.

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