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- S.2637
S.2637: SBA Intermediary Lending Program Act of 2014
About This Bill
- Introduced July 22, 2014
- Latest Major Action July 22, 2014
Bill Sponsor
Bill Summary
SBA Intermediary Lending Program Act of 2014 - Amends the Small Business Act to make permanent the Small Business Administration (SBA) Intermediary Lending Program (ILP). Limits to a maximum of: (1) $1 million a single ILP loan to an eligible intermediary, (2) $5 million the total amount outstanding and committed to the intermediary by the Administrator under the program, and (3) $20 million the total amount of all ILP loans during each of...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| July 22, 2014 |
Read twice and referred to the Committee on Small Business and Entrepreneurship.
|
| July 22, 2014 |
Introduced in the Senate by Carl Levin (D-Mich.) |