To allow recipients of certain loans made or guaranteed by the Small Business Administration to use the loan proceeds to provide childcare services to employees, and for other purposes.
Childcare Development of Employee Solutions for Early Rearing in Towns with Shortages Act or the Childcare DESERTS Act
This bill allows recipients of Small Business Administration loans under the 7(a) loan program and 504 loan program to use such loans to provide child care services to their employees.
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