Bill117th CongressFiled Aug 10, 2021Commerce
S. 2709
Continuing Access to 504 Capital Act
Bill journey · stage 2 of 5
Under committee review
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What it doesSummary introduced in senate (Aug 10, 2021)
Continuing Access to 504 Capital Act
This bill authorizes the Small Business Administration (SBA) to guarantee an additional $1 billion of loans made under the 504 Program. Such loans, made through SBA community partners and certified by the SBA, provide long-term, fixed rate financing for major fixed assets that promote business growth and job creation.
What just happenedAug 10, 2021
Read twice and referred to the Committee on Small Business and Entrepreneurship.
Who’s behind it
Sen. Cardin, Benjamin L. [D-MD](D-MD)Sponsor
1 cosponsor1 D
1cosponsors1committees2actions2subjects
- Introduced in SenateAug 10, 2021
- Aug 10, 2021IntroReferral
Read twice and referred to the Committee on Small Business and Entrepreneurship.
Small Business and Entrepreneurship Committee - Aug 10, 2021IntroReferral10000
Introduced in Senate