To amend the Small Business Act to increase the maximum amount for which a loan can be made under the Microloan Program.

Fact Sheet API

Bill Number

HR 2261

Introduced

May 22, 2003

Latest Action

Referred to the House Committee on Small Business.

Sponsor

Cosponsors

Topics

Armed Forces and National Security Commerce Depressed areas Economics and Public Finance Entrepreneurs Finance and Financial Sector Loans Minorities Minority business enterprises Small business Veterans' benefits Women Women in business

Full Text

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Votes

Summary

Amends the Small Business Act to increase from $35,000 to $50,000 the maximum individual loan amount under the Microloan Program (a program of start-up assistance for women, low-income, veteran, and minority entrepreneurs and business owners and businesses located in economically distressed areas).

Actions

May 22, 2003

Referred to the House Committee on Small Business.
May 22, 2003

Introduced in House

Amendments

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