To amend the Small Business Investment Act of 1958 to modify fees and funding for certain small business refinancing loans and loans to qualified State or local development companies, and for other purposes.
About This Bill
Committee
Latest Action · June 21, 2023
Read twice and referred to the Committee on Small Business and Entrepreneurship.
504 Loan Availability Act
This bill temporarily combines the funding authorization for loans and refinancing loans under the Small Business Administration 504 loan program. The 504 loan program provides financing for major fixed assets through community-based Certified Development Companies (CDCs).
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