US Congress Senate Bill 2780 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on November 17 2009 - 25% progression, died in chamber
Action: 2009-11-17 - Read twice and referred to the Committee on Small Business and Entrepreneurship.
Text: Latest bill text (Introduced) [PDF]

Small Business Intermediary Lending Pilot Program Act of 2009 - 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.

Small Business Intermediary Lending Pilot Program Act of 2009

Sen. Carl Levin [D-MI]

Date	Chamber	Action
2009-11-17		Read twice and referred to the Committee on Small Business and Entrepreneurship.
2009-11-17		Sponsor introductory remarks on measure. (CR S11432)

HB5332 (Related) 2010-05-20 - Sponsor introductory remarks on measure. (CR H3665-3666)
HB5297 (Related) 2010-09-27 - Became Public Law No: 111-240.

Type	Source
Summary	https://www.congress.gov/bill/111th-congress/senate-bill/2780/all-info
Text	https://www.congress.gov/111/bills/s2780/BILLS-111s2780is.pdf