S. 2162 · 117th Congress
SBA Franchise Loan Default Disclosure Act
- Stage
- In committee
- Sponsor
- Catherine Cortez Masto
- Introduced
- 2021-06-22
- Latest action
- 2022-03-16 · Committee on Small Business and Entrepreneurship. Hearings held.
Summary
SBA Franchise Loan Default Disclosure Act
This bill requires the Small Business Administration to publish on its website and to regularly update the loan default rates by franchise brands during the preceding 10-year period.