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United States · Bill · S

S. 2383 (116th)

Small Business Administration Franchise Loan Transparency Act of 2019

referredUnited States· United States Congress· EN

Introduced

31 July 2019

Last action

Status

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

Sponsors

Subjects

Discovery layer

Source updated

14 January 2025

Summary

Small Business Administration Franchise Loan Transparency Act of 2019 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.

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Versions

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Documents

3 official files

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Sources

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