S 2709
117th Congress
Senate
Commerce
Government lending and loan guarantees
Small business
Continuing Access to 504 Capital Act
Introduced: August 10, 2021
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Aug 10, 2021
Read twice and referred to the Committee on Small Business and Entrepreneurship.
Aug 10, 2021
Introduced in Senate
Plain-English summary
Continuing Access to 504 Capital Act
This bill authorizes the Small Business Administration (SBA) to guarantee an additional $1 billion of loans made under the 504 Program. Such loans, made through SBA community partners and certified by the SBA, provide long-term, fixed rate financing for major fixed assets that promote business growth and job creation.
What's happening now
Read twice and referred to the Committee on Small Business and Entrepreneurship.
Committees of jurisdiction
1
Cosponsors
1