S 2709
Continuing Access to 504 Capital Act
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- Passed Senate
- Passed House
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- Became Law
Bill overview
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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Primary sponsor
Benjamin L. Cardin
Cosponsor
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