WHEREAS, This year is the 50th anniversary of the founding of the
Small Business Administration (SBA); and
WHEREAS, The mission of the SBA is to maintain and strengthen the
nation's economy by aiding, counseling, assisting, and protecting the
interests of America's small businesses; and
WHEREAS, The SBA has helped families and businesses to recover from
national disasters; and
WHEREAS, For the last 50 years the SBA has ensured that the
American Dream was opened to all entrepreneurs; and
WHEREAS, Small businesses have contributed to our nation's progress
and economic strength; and
WHEREAS, We want to make sure that small business remains the
symbol of the American Dream; and
WHEREAS, Small businesses represent more than 99.7 percent of all
employers and employ up to 60 percent of all working people; and
WHEREAS, Small businesses pay 44.5 percent of total private
payroll; and
WHEREAS, Small businesses generate 80 to 100 percent of net new
jobs annually; and
WHEREAS, Small businesses produce 13 to 14 times more patents per
employee than large firms; and
WHEREAS, Small businesses are the source of economic strength
nationally as well as in the Northwest; and
WHEREAS, The SBA brought $713.5 million and 21,872 jobs to the
regional economy last year; and
WHEREAS, The SBA loaned $372.8 million to minorities, women, and
veterans last year; and
WHEREAS, The SBA will continue for the next 50 years and more,
supporting business owners who are willing to take risks and work hard
to succeed;
NOW, THEREFORE, BE IT RESOLVED, By the Senate of the state of
Washington, That the Small Business Administration be honored for its
service, support, and dedication to small business owners and
entrepreneurs across this great nation and here in Washington state;
and
BE IT FURTHER RESOLVED, That copies of this resolution be
immediately transmitted by the Secretary of the Senate to Conrad Lee,
SBA administrator for the Northwest and Alaska Region.