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United States · Bill · HR

H.R. 1332 (110th)

Small Business Lending Improvements Act of 2007

openUnited States· United States Congress· EN

Introduced

6 March 2007

Last action

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Status

Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 129.

Sponsors

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Subjects

Discovery layer

Source updated

7 April 2025

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Summary

Small Business Lending Improvements Act of 2007 - Amends the Small Business Act and the Small Business Investment Act of 1958 relating to the 7(a) (business start-up loan) and the 504 (certified development company economic development loan) programs to, among other things: (1) direct the Administrator of the Small Business Administration (SBA) to carry out a rural lending outreach program and a community express program for loans of $250,000 or less; (2) direct the Administrator to carry out a Medical Professionals in Designated Shortage Areas program and an Increased Veteran Participation program; (3) revise eligibility requirements for development company designation as a certified development company (CDC); (4) require certain CDCs to contract for the foreclosure and liquidation of defaulted small business loans; and (5) authorize SBA loans for projects which reduce energy consumption by at least ten percent.

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Documents

11 official files

Placed on Calendar Senate (text)

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