Hello from Washington D.C., where I am covering National Small Business Week.\u00a0 Earlier today I attended the keynote address of SBA Administrator Karen Mills (pictured below giving the keynote). One of the most impressive parts of her talk was the description of the SBA's mission for small businesses -- she called it the "3 Cs." Now, if you're an Internet entrepreneur, you may be thinking you know the 3 Cs.\u00a0 Back in 1999, Michael Dell, the founder of Dell Computer, defined the\u00a0 3 Cs of e-commerce as:\u00a0 "content, community and commerce." But that's not what it means when it comes to the SBA.\u00a0 The 3 Cs refers to the Small Business Administration's mission to provide small businesses with: Capital Contracts Counseling I don't think this description is a departure from what the SBA has been doing.\u00a0 What is different is that the SBA seems to be getting better at articulating\u00a0 its mission.\u00a0 It used to be tough to figure out what the SBA did.\u00a0 Now the message now is cogent and clearer. So how is the SBA doing on each of the 3 Cs when it comes to mainstreet small businesses?\u00a0 Here's what Administrator Mills reported: Capital: SBA loan volume has now surpassed pre-credit-crunch levels. Contracts: With the support of the Vice President the SBA has reached out to small businesses all across the nation, with matchmaking events and other activities that drove $8 Billion (29% of Recovery Act funds) into the hands of small businesses. There's also renewed emphasis o women-owned businesses:\u00a0 emphasis on getting more contracts to women. Counseling: Many small businesses are being impacted by the Gulf Coast oil spill.\u00a0 Yesterday the SBA opened a Disaster Center in Louisiana to help small businesses (such as fishermen and charter boat operators). The SBA is on the ground for 40 disaster areas today, simultaneously (because as Administrator Mills says, "We stay."). The SBA has descreased disaster loan processing times dramatically.\u00a0 They used to take around 60 days.\u00a0 Today there is 7 days'\u00a0 turn-around time for home loans and 14 days for business disaster loans. As for the future, the SBA has a number of goals and initiatives. "Small businesses are still struggling in part because they don't have the capital they need," said Mills. The Administration is working in Congress on a targeted jobs plan bill for small businesses. Includes a provision for a $30 Billion lending fund for community banks.\u00a0 This fund will provide money to community banks at rates as lows as 1%, conditioned upon the banks doing more lending to small businesses. The Administration is also wants to raise loan limits for small businesses permanently, to $5 Million for 7(a) and 504 SBA loans, and $50,000 for microloans. For a list of related articles see Coverage of National Small Business Week.