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H.R. 5332

BillFederalHouseIntroduced
Small Business Intermediary Lending Pilot Program Act of 2010
About This Bill
Introduced
Latest Action · May 20, 2010
Sponsor introductory remarks on measure. (CR H3665-3666)
Congress
111th (2009–2011)
Introduced
May 18, 2010
Cosponsors (2)
2D 0R
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Summary

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Small Business Intermediary Lending Pilot Program Act of 2010 - Establishes a three-year small business intermediary lending pilot program under which the Administrator of the Small Business Administration (SBA) may make direct loans to eligible nonprofit lending intermediaries for the purpose of making loans of up to $200,000 each to startup, newly-established, and growing small businesses. Authorizes the Administrator, under the program, to make one percent, 20-year loans of up to $3 million to up to 20 lending intermediaries.

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