H.R. 5599 · 113th Congress

Small Business Loan Simplification Act of 2014

Stage
In committee
Sponsor
Sam Graves
Introduced
2014-09-18
Latest action
2014-09-18 · Introduced in House

Summary

Small Business Loan Simplification Act of 2014 - Amends the Small Business Act to require the Administrator of the Small Business Administration (SBA) to: (1) amend regulations and Standard Operating Procedures (SOPs) to authorize the SBA and participants in specified lending programs to use electronic signatures and records for the programs, and (2) accept such electronic signatures and records associated with SBA management and closing processes.