legislation: 116-s-4817

Congressional bills and resolutions from Congress.gov, filtered to policy areas relevant to environmental, health, agriculture, and wildlife regulation.

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bill_id congress bill_type bill_number title policy_area introduced_date latest_action_date latest_action_text origin_chamber sponsor_name sponsor_state sponsor_party sponsor_bioguide_id cosponsor_count summary_text update_date url
116-s-4817 116 s 4817 Small Business Access to Recovery Capital Act Commerce 2020-10-20 2020-10-20 Read twice and referred to the Committee on Small Business and Entrepreneurship. Senate Sen. Rubio, Marco [R-FL] FL R R000595 3 Small Business Access to Recovery Capital Act This bill temporarily modifies the 7(a) Loan Guaranty Program of the Small Business Administration (SBA) by waiving borrower and lender fees, increasing the government guarantee to 95%, increasing the maximum loan value to $10 million, and waiving repayment for any new 7(a) loans for one year. The SBA must issue temporary COVID-19 (i.e., coronavirus disease 2019) guidance that reflects these changes. 2023-01-11T13:44:23Z  

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