H.R.2451: Strengthening Entrepreneurs' Economic Development Act of 2013

About This Bill

Bill Summary

Strengthening Entrepreneurs' Economic Development Act of 2013 - Directs the Administrator of the Small Business Administration (SBA) to establish and carry out a direct lending program for small businesses (businesses with fewer than 20 employees). Sets forth provisions governing the amount and repayment period of, and interest rate on, such a loan. Authorizes the Administrator to collect a fee from the borrower. Directs the Administrator to:...

(Source: Library of Congress)

Bill Actions

Date Description
June 20, 2013
Referred to the House Committee on Small Business.
June 20, 2013

Introduced in the House by Nydia M. Velázquez (D-N.Y.)

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