United States · Bill · S
S. 1120 (117th)
Small Business Administration Franchise Loan Transparency Act of 2021
Introduced
14 April 2021
Last action
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Status
Committee on Small Business and Entrepreneurship. Hearings held.
Sponsors
—
Subjects
Discovery layer
Source updated
30 May 2026
Summary
Small Business Administration Franchise Loan Transparency Act of 2021 This bill requires a franchisor seeking guaranteed lending from the Small Business Administration to disclose historical revenue and store-closure information to any prospective franchisee before the loan will be approved.
This text is taken from the official record. PoliticalRepo does not editorialize.
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Votes
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Versions
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Documents
3 official files
Introduced in Senate (text)
Introduced in Senate (text)
Introduced in Senate · EN · 14 April 2021
Introduced in Senate (PDF)
Introduced in Senate · EN · 14 April 2021
Introduced in Senate
summary · EN · 14 April 2021
Sponsors
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Related records
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Sources
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- Official source: https://www.congress.gov/bill/117th-congress/senate-bill/1120
- Open data entity: https://api.congress.gov/v3/bill/117/s/1120