United States · Bill · S
S. 3432 (111th)
Working Capital Express Act of 2010
Introduced
27 May 2010
Last action
—
Status
Read twice and referred to the Committee on Small Business and Entrepreneurship.
Sponsors
—
Subjects
Discovery layer
Source updated
14 August 2025
Summary
Working Capital Express Act of 2010 - Amends the Small Business Act to authorize the Administrator of the Small Business Administration (SBA) to guarantee loans for working capital made by lenders under the SBA's Express Loan Program to small businesses in operation for at least two years. Provides loan terms, including a guarantee limit of $750,000 for each small business. Directs the Administrator to: (1) establish maximum default and delinquency rates for such loans; and (2) suspend the eligibility to make such loans in the case of any lender with a default or delinquency rate in excess of such rates.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
No timeline events have been ingested for this record yet.
Votes
No vote records are attached yet.
Versions
No version snapshots stored. Document URLs remain at the source.
Documents
3 official files
Introduced in Senate (text)
Introduced in Senate · EN · 27 May 2010
Introduced in Senate (PDF)
Introduced in Senate · EN · 27 May 2010
Introduced in Senate
summary · EN · 27 May 2010
Sponsors
No sponsors or actors listed by the source.
Related records
No cross-record relationships stored yet.
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/111th-congress/senate-bill/3432
- Open data entity: https://api.congress.gov/v3/bill/111/s/3432