S 2808
111th Congress
Senate
Commerce
Government lending and loan guarantees
Small business
Express Loan Improvements Act of 2009
Introduced: November 20, 2009
Introduced by:
Shaheen, Jeanne
Democratic
· New Hampshire
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 20, 2009
Read twice and referred to the Committee on Small Business and Entrepreneurship.
Nov 20, 2009
Introduced in Senate
Plain-English summary
Express Loan Improvements Act of 2009 - Amends provisions of the Small Business Act relating to the Express Loan Program to: (1) increase (for a two-year period) from 50% to 75% the maximum percentage of such loan that may be guaranteed by the Small Business Administration (SBA); and (2) increase from $350,000 to $1 million the maximum loan amount.
What's happening now
Read twice and referred to the Committee on Small Business and Entrepreneurship.
Committees of jurisdiction
1