Senator Carl Levin - Small Business Committee HOME Senator Levin has always been a strong advocate for the interests of small businesses in Michigan. A senior member of the Senate Small Business Committee , Levin understands that small business is the heart of America's economic strength and job creation, particularly in this period of unprecedented peacetime economic expansion.
Small business is important to Michigan.
In 1997, 98.5 percent of Michigan businesses were small businesses. Women-owned businesses are the fastest growing sector of small businesses in America and provide innumerable jobs and resources to the state of Michigan. Because small businesses often have more difficulty gaining access to credit, Senator Levin has worked to increase the amount of SBA government-guaranteed loans that are made to small businesses, providing credit to those businesses that otherwise would not qualify for conventional bank loans . Senator Levin has supported legislation that more than doubled the annual expensing allowances for small businesses. Senator Levin recognizes the important contribution made by small technology companies in innovative research and development breakthroughs.