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Continuing Access to 504 Capital Act
Legislative Progress
Introduced
August 10, 2021
Latest Action
August 10, 2021
Primary Sponsor
Benjamin L. CardinDemocratic(MD)
Momentum (last 30 days)
0
score
0 actions · 0 new cosponsors · 0 votes
Speed vs cohort
0pct
0d open
vs 5,357 other S bills in the 117th — cohort avg 38d
Continuing Access to 504 Capital Act This bill authorizes the Small Business Administration (SBA) to guarantee an additional $1 billion of loans made under the 504 Program. Such loans, made through SBA community partners and certified by the SBA, provide long-term, fixed rate financing for major fixed assets that promote business growth and job creation.
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Filing registrants (1)
2021 · third_quarter · Small Business
Build Back Better Act (H.R. 5376) - Title X - Committee on Small Business Subtitle E - Increasing Access to Lending and Investment Capital Continuing Access to 504 Capital Act (S. 2709) SBA Interim Final Rule - Debt Refinancing in the 504 Loan Program (RIN 3245-AH78) 504 Modernization and Small Manufacturer Enhancement Act of 2021 (H.R. 1490/S. 2231) 504 Credit Risk Management Improvement Act of 2021 (H.R. 1482/S. 2245) SBA Lender Oversight and Processing SBA Loan Policy Changes SBA Financial Programs Operations
Client expense: $55,213 · Firm income: Not reported
Read twice and referred to the Committee on Small Business and Entrepreneurship.
Introduced in Senate
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Sources: Congress.gov
Government targets: HOUSE OF REPRESENTATIVES, SENATE, Small Business Administration (SBA)