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United States · Bill · HR

H.R. 2461 (113th)

SBA Loan Paperwork Reduction Act of 2013

referredUnited States· United States Congress· EN

Introduced

20 June 2013

Last action

Status

Referred to the House Committee on Small Business.

Sponsors

Subjects

Discovery layer

Source updated

12 August 2025

Summary

SBA Loan Paperwork Reduction Act of 2013 - Directs the Administrator of the Small Business Administration (SBA) to carry out a Small Loan Advantage Program in the same manner as, and as a replacement for, the SBA Small Loan Advantage loan initiative. (Under the loan initiative, SBA lenders make partially guaranteed, lower-dollar small business loans which often benefit businesses in underserved areas or markets.) Makes pilot program loan guarantee percentage limits inapplicable to such Program. Authorizes the Administrator to increase the Program's maximum loan amount, reduce the Program's fees, and further streamline the Program's loan approval process.

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Documents

3 official files

Introduced in House (text)

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