A bill to amend the Small Business Act and the Small Business Investment Act of 1958 to increase the maximum loan amount for certain loans, and for other purposes.
3/7/2025, 11:56 AMSummary of Bill S 901
Bill 119 s 901, also known as the Small Business Access to Capital Act, aims to make changes to the Small Business Act and the Small Business Investment Act of 1958. The main goal of this bill is to increase the maximum loan amount for certain loans that are available to small businesses.The bill proposes to raise the maximum loan amount that small businesses can receive, which would provide them with more access to capital to help grow and expand their operations. This increase in loan amounts could potentially help small businesses thrive and create more jobs in the economy.
In addition to increasing the loan amounts, the bill also includes provisions for other purposes related to small business financing. These provisions could potentially streamline the loan application process, provide more flexibility in loan terms, and offer additional support for small businesses seeking financing. Overall, Bill 119 s 901 aims to support small businesses by increasing their access to capital through higher loan amounts and other provisions. This could have a positive impact on the economy by helping small businesses grow and create more opportunities for success.
Current Status of Bill S 901
Bill S 901 is currently in the status of Bill Introduced since March 6, 2025. Bill S 901 was introduced during Congress 119 and was introduced to the Senate on March 6, 2025. Bill S 901's most recent activity was Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. as of March 6, 2025Bipartisan Support of Bill S 901
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
0Democrat Cosponsors
0Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 901
Primary Policy Focus
Alternate Title(s) of Bill S 901
A bill to amend the Small Business Act and the Small Business Investment Act of 1958 to increase the maximum loan amount for certain loans, and for other purposes.A bill to amend the Small Business Act and the Small Business Investment Act of 1958 to increase the maximum loan amount for certain loans, and for other purposes.Comments
Most relevant
Sponsors and Cosponsors of S 901
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