To prohibit the Administrator of the Small Business Administration from directly making loans under the 7(a) loan program, and for other purposes.

12/15/2023, 4:02 PM

This bill prohibits the Small Business Administration from directly making a loan under the 7(a) Program, which authorizes loans and loan guaranties to small businesses that meet certain requirements.

Congress
118
Number
HR - 5848
Introduced on
2023-09-29
# Amendments
0
Sponsors
+5
Cosponsors
+5

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

This bill prohibits the Small Business Administration from directly making a loan under the 7(a) Program, which authorizes loans and loan guaranties to small businesses that meet certain requirements.

Policy Areas
Commerce

Comments

Related

Member:  Mark Alford

Recent Activity

Latest Summary10/17/2023

This bill prohibits the Small Business Administration from directly making a loan under the 7(a) Program, which authorizes loans and loan guaranties to small businesses that meet certain requirements.

Latest Action9/29/2023
Referred to the House Committee on Small Business.