Small Business Administration Microloan Program

This report discusses the arguments presented for having a Microloan program, describes the program's operating standards and requirements for lenders and borrowers, and examines the arguments presented by the program's critics and by its advocates. It concludes with an examination of H.R. 3854, the Small Business Financing and Investment Act of 2009, which was passed by the House on October 29, 2009, and is awaiting action in the Senate; S. 2869, the Small Business Job Creation and Access to Capital Act of 2009, which was ordered to be reported by the Senate Committee on Small Business and Entrepreneurship on December 10, 2009 and is awaiting further action in the Senate; and S.Amdt. 4407, an amendment in the nature of a substitute for H.R. 5297, the Small Business Lending Fund Act of 2010, which is currently being considered in the Senate. They would authorize changes to several SBA programs, including the Microloan program, in an attempt to enhance job creation by increasing the availability of credit to small businesses. Bills: H.R. 3854, H.R. 5297, S. 2869


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#	File Name	Document Date	Order ID:	Number of Pages	Price
1	R41057_08_03_2010.pdf	Jul 08, 2010	R41057	19	$29.95	Add to Cart

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