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John Hickenlooper: “Those loans take at least six months to close.”

Featuring: John Hickenlooper, Democratic | U.S. Senate from Colorado

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Senator Hickenlooper Discusses Small Business Challenges and Trade Policies

Published | Video Starts at 01:17

And if you look at Biden's first hundred days, those loans were all started by President Trump in his previous administration. So to say that they're up 80% is flipped. In other words, Those loans take at least six months to close. So you're closing loans that were started by Biden and he was trying to close loans a lower number that were started under Trump. But these are, these are actually based on closings. (01:17–01:23)

CLAIM

Asserts that SBA loans take at least six months to close.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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