S. 2777 · 111th Congress
A bill to repeal the American Recovery Capital loan program of the Small Business Administration.
- Stage
- In committee
- Sponsor
- Olympia Snowe
- Introduced
- 2009-11-16
- Latest action
- 2009-11-16 · Introduced in Senate
Summary
Amends the American Recovery and Reinvestment Act of 2009 to repeal the small business stabilization program, under which the Administrator of the Small Business Administration (SBA) provides deferred loans to small businesses experiencing difficulty in repaying existing business debt.