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United States · Bill · S

S. 1615 (111th)

Next Step for Main Street Credit Availability Act of 2009

referredUnited States· United States Congress· EN

Introduced

6 August 2009

Last action

Status

Read twice and referred to the Committee on Small Business and Entrepreneurship. (text of measure as introduced: CR S9015-9016)

Sponsors

Subjects

Discovery layer

Source updated

14 August 2025

Summary

Next Step for Main Street Credit Availability Act of 2009 - Amends the Small Business Act to increase maximum amounts of loans under the section 7(a) guaranteed loan program and the Microloan Program. Amends the Small Business Investment Act of 1958 to increase maximum amounts of loans to state and local development companies for plant acquisition, construction, conversion, and expansion. Expresses the sense of Congress that the Administrator of the Small Business Administration (SBA) should establish a website that: (1) lists SBA lenders; and (2) allows prospective borrowers to compare loan rates and apply online.

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Documents

3 official files

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Sources

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