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United States · Bill · S

S. 174 (117th)

Small Business Access to Recovery Capital Act

referredUnited States· United States Congress· EN

Introduced

2 February 2021

Last action

Status

Read twice and referred to the Committee on Small Business and Entrepreneurship.

Sponsors

Subjects

Discovery layer

Source updated

7 April 2025

Summary

Small Business Access to Recovery Capital Act This bill temporarily modifies the 7(a) Loan Guaranty Program of the Small Business Administration (SBA) by waiving borrower and lender fees, increasing the government guarantee to 95%, and increasing the maximum loan value to $10 million. The SBA must issue temporary COVID-19 guidance that reflects these changes.

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Documents

3 official files

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Sources

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