A bill to amend the Small Business Act with respect to the microloan program.
Last action on Jan 25, 2001Read twice and referred to the Committee on Small Business.
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Summary
Amends provisions of the Small Business Act concerning the Microloan program (a program of start-up loans to small businesses) to authorize the Administrator of the Small Business Administration to use up to $1 million of the annual appropriations for technical assistance grants to subcontract with one or more national trade associations of eligible intermediaries or other knowledgeable entities to provide peer-to-peer capacity building and training to lenders and organizations seeking to become lenders under the program.
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