A bill to amend the Small Business Act to establish a direct loan program for microbusinesses at the Small Business Administration, and for other purposes.
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Summary
Based on the bill's title, this legislation would amend the Small Business Act to establish a new direct loan program at the Small Business Administration (SBA) specifically for microbusinesses. The bill has been referred to the Committee on Small Business and Entrepreneurship but the full text is not yet available, so the specific loan terms, eligibility criteria, and funding mechanisms cannot be determined from the title alone.
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How your representatives voted
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