S.2780: Small Business Intermediary Lending Pilot Program Act of 2009

About This Bill

  • This bill was introduced in the 111th Congress
  • This bill is primarily about commerce
  • Introduced Nov. 17, 2009
  • Latest Major Action Nov. 17, 2009

Bill Sponsor

Bill Summary

Small Business Intermediary Lending Pilot Program Act of 2009 - 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...

(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.
Nov. 17, 2009

Introduced in the Senate by Carl Levin (D-Mich.)

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