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United States · Bill · HR

H.R. 4844 (117th)

504 Program Level Flexibility Act

referredUnited States· United States Congress· EN

Introduced

29 July 2021

Last action

Status

Referred to the House Committee on Small Business.

Sponsors

Subjects

Discovery layer

Source updated

3 January 2025

Summary

504 Program Level Flexibility Act This bill authorizes the Small Business Administration (SBA), upon a determination that the amount of its commitments to guarantee 504 loans could exceed the authorized limit, to guarantee up to 115% of that limit. 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.

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Documents

3 official files

Introduced in House (text)

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