Actions for Small Business Administration Microloan Program [electronic resource].

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Small Business Administration Microloan Program [electronic resource].

Corporate Author
Library of Congress. Government Division
Published
[Place of publication not identified] : [publisher not identified], 2014.
Physical Description
1 online resource (23 pages), digital, PDF file
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Summary
Presents arguments for the SBA microloan program, which provides direct loans to qualified non-profit intermediary lenders who, in turn, provide "microloans" of up to $35,000 to small business owners, entrepreneurs, and non-profit child care centers; and provides marketing, management, and technical assistance to microloan borrowers and potential borrowers. Describes microloan program operating standards and requirements for lenders and borrowers, and examines arguments presented by its critics and advocates. Examines H.R. 3854, the Small Business Financing and Investment Act of 2009; S. 2869, the Small Business Job Creation and Access to Capital Act of 2009; and P.L. 111-240, the Small Business Jobs Act; all to authorize changes to the SBA microloan program in an attempt to enhance job creation by increasing availability of credit to small businesses.
This report is one in a series of updates. For the most recent coverage of this report series, please see 11-R4-1057b in the 2011 issue.
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Related Titles
ProQuest U.S. Congressional Research Digital Collection
Note
CRS Report.
Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed Dec. 2014). Reuse except for individual research requires license from ProQuest, LLC.
Technical Details
System requirements: PDF reader software.
View MARC record | catkey: 19199499