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SENATE 174117th CongressReferred to the Committee on the Judiciary. (text: CR S2177)

A resolution designating April 2021 as "Parkinson's Awareness Month".

Last Action
4/22/2021

Actions

  • 2021-02-02Read twice and referred to the Committee on Small Business and Entrepreneurship.
  • 2021-02-02Introduced in Senate

CRS Summary

As of 2021-02-02 (00)

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%, and increasing the maximum loan value to $10 million. The SBA must issue temporary COVID-19 guidance that reflects these changes.

Cosponsors (2)

  • James Risch (R-ID)
  • Susan Collins (R-ME)

Subjects

  • Business investment and capital
  • Competitiveness, trade promotion, trade deficits
  • Economic performance and conditions
  • Government information and archives
  • Government lending and loan guarantees
  • Small business
  • User charges and fees
Read on Congress.gov

Sourced from Congress.gov (public domain).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.