HR 5332 · 111th Congress · Commerce

Small Business Intermediary Lending Pilot Program Act of 2010

Introduced 2010-05-18· Sponsored by Rep. Kilroy, Mary Jo [D-OH-15]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Sponsor introductory remarks on measure. (CR H3665-3666)(2010-05-20)

Plain Language Summary

[AI summary unavailable — showing source text] Small Business Intermediary Lending Pilot Program Act of 2010 - Establishes a three-year small business intermediary lending pilot program under which the Administrator of the Small Business Administration (SBA) may make direct loans to eligible nonprofit lending intermediaries for the purpose of making loans of up to $200,000 each to startup, newly-established, and growing small businesses. Authorizes the Administrator, under the program, to make one percent, 20-year loans of up to $3 million to up to 20 lending intermediaries.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (2)

2 Democrats