H.R.7903 – 116th Congress (2019-2020): To amend the Small Business Act to establish the Community Advantage Loan Program.

H.R.7903 – 116th Congress (2019-2020): To amend the Small Business Act to establish the Community Advantage Loan Program.

Here are the steps for Status of Legislation:

Summary: H.R.7903 — 116th Congress (2019-2020)All Information (Except Text)

Shown Here:
Introduced in House (07/31/2020)

This bill establishes through FY2025 a Community Advantage Loan Program under which the Small Business Administration (SBA) may guarantee loans made by covered institutions to small business concerns in underserved markets.

Lastly, the bill requires the Government Accountability Office to report on program outcomes.

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The SBA must establish a working group to develop recommendations for the SBA to effectively manage, support, and promote the program and its mission.

About the author: Danny Skelly For US Senate Colorado

Danny Skelly for US Senate in the State of Colorado.
I will legislate using common sense and facts not emotional knee jerk reactions and mob rule at the moment.

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