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- S.985
S.985: Small Business Intermediary Lending Pilot Program Act of 2007
About This Bill
- This bill was introduced in the 110th Congress
- This bill is primarily about congress
- Introduced March 26, 2007
- Latest Major Action March 26, 2007
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Summary
Small Business Intermediary Lending Pilot Program Act of 2007 - 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 fixed interest rate and mid-size loans ($35,000 to $200,000) to startup, newly-established, and growing small businesses. Authorizes the...
(Source: Library of Congress)
Bill Actions
Date | Description |
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Read twice and referred to the Committee on Small Business and Entrepreneurship.
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March 26, 2007 |
Introduced in the Senate by Carl Levin (D-Mich.) |