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S 4817 116th Congress Senate Commerce Cardiovascular and respiratory health Competitiveness, trade promotion, trade deficits Economic performance and conditions Emergency medical services and trauma care Government lending and loan guarantees Infectious and parasitic diseases Small business User charges and fees

Small Business Access to Recovery Capital Act

Introduced: October 20, 2020 See on congress.gov
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This bill died when the 116th Congress ended
It never became law before the 116th Congress (2019–2020) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 20, 2020
Read twice and referred to the Committee on Small Business and Entrepreneurship.
Oct 20, 2020
Introduced in Senate
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 Plain-English summary Congressional Research Service

Small Business Access to Recovery Capital Act

This bill temporarily modifies the 7(a) Loan Guaranty Program of the Small Business Administration (SBA) by waiving borrower and lender fees, increasing the government guarantee to 95%, increasing the maximum loan value to $10 million, and waiving repayment for any new 7(a) loans for one year. The SBA must issue temporary COVID-19 (i.e., coronavirus disease 2019) guidance that reflects these changes.

What's happening now October 20, 2020

Read twice and referred to the Committee on Small Business and Entrepreneurship.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 3
All 3 Republican 3
R
Collins, Susan M.
Maine · Oct 20, 2020
 R
Hawley, Josh
Missouri · Oct 20, 2020
 R
Risch, James E.
Idaho · Oct 20, 2020
Cite this page click to expand
APA
U.S. Congress. (2026). S. 4817: Small Business Access to Recovery Capital Act. 116th Congress. Open America. https://openamerica.io/bill/116-S-4817/
MLA
"S. 4817: Small Business Access to Recovery Capital Act." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-S-4817/.
Bluebook (legal)
S. 4817, 116th Cong. (2026), https://openamerica.io/bill/116-S-4817/.
Markdown link
[S. 4817: Small Business Access to Recovery Capital Act](https://openamerica.io/bill/116-S-4817/)
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