Continuing Access to 504 Capital Act

2021-08-10

Introduced in Senate

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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