Legis Daily

Continuing Access to 504 Capital Act

USA117th CongressS-2709| Senate 
| Updated: 8/10/2021
Benjamin L. Cardin

Benjamin L. Cardin

Democratic Senator

Maryland

Cosponsors (1)
Chris Van Hollen (Democratic)

Small Business and Entrepreneurship Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Continuing Access to 504 Capital Act This bill authorizes the Small Business Administration (SBA) to guarantee an additional $1 billion of loans made under the 504 Program. Such loans, made through SBA community partners and certified by the SBA, provide long-term, fixed rate financing for major fixed assets that promote business growth and job creation.
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Timeline
Aug 10, 2021
Introduced in Senate
Aug 10, 2021
Read twice and referred to the Committee on Small Business and Entrepreneurship.
  • August 10, 2021
    Introduced in Senate


  • August 10, 2021
    Read twice and referred to the Committee on Small Business and Entrepreneurship.

Commerce

Government lending and loan guaranteesSmall business

Continuing Access to 504 Capital Act

USA117th CongressS-2709| Senate 
| Updated: 8/10/2021
Continuing Access to 504 Capital Act This bill authorizes the Small Business Administration (SBA) to guarantee an additional $1 billion of loans made under the 504 Program. Such loans, made through SBA community partners and certified by the SBA, provide long-term, fixed rate financing for major fixed assets that promote business growth and job creation.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Aug 10, 2021
Introduced in Senate
Aug 10, 2021
Read twice and referred to the Committee on Small Business and Entrepreneurship.
  • August 10, 2021
    Introduced in Senate


  • August 10, 2021
    Read twice and referred to the Committee on Small Business and Entrepreneurship.
Benjamin L. Cardin

Benjamin L. Cardin

Democratic Senator

Maryland

Cosponsors (1)
Chris Van Hollen (Democratic)

Small Business and Entrepreneurship Committee

Commerce

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Government lending and loan guaranteesSmall business