HR 5772 · 97th Congress · Commerce

Small Business Survival Act

Introduced 1982-03-09· Sponsored by Rep. Mitchell, Parren J. [D-MD-7]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to Subcommittee on SBA & SBIC Authority, Minority Enterprise, and General Small Business Problems.(1982-04-07)

Plain Language Summary

[AI summary unavailable — showing source text] Small Business Survival Act - Amends the Small Business Act to authorize the Small Business Administration (SBA) to make direct loans to help small businesses remain or become solvent. Sets forth the terms of such loans. Authorizes funds for FY 1983 and 1984 for the loan program. Requires the SBA to make quarterly reports to the House and Senate Committees on Small Business on the applications received, approved, and denied under the loan program.…

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