S.2193: Small Business Loan Revitalization Act

About This Bill

  • This bill was introduced in the 108th Congress
  • This bill is primarily about congress
  • Introduced March 10, 2004
  • Latest Major Action April 1, 2004

Bill Summary

Small Business Loan Revitalization Act - Amends the Small Business Act (the Act) to provide requirements for the making of a Small Business Administration (SBA) guaranteed loan to a small business within 120 days after a commercial loan is obtained by that small business. Makes such small business ineligible for the SBA loan unless the commercial loan does not exceed $2 million. Allows the commercial loan to be: (1) made by the lender...

(Source: Library of Congress)

Bill Actions

Date Description
Sponsor introductory remarks on measure.
Read twice and referred to the Committee on Small Business and Entrepreneurship.
Sponsor introductory remarks on measure.
March 10, 2004

Introduced in the Senate by Olympia J. Snowe (R-Maine)

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