S. 3382 · 117th Congress

Protecting Access to Credit for Small Businesses Act

Stage
In committee
Sponsor
Tim Scott
Introduced
2021-12-14
Latest action
2021-12-14 · Introduced in Senate

Summary

Protecting Access to Credit for Small Businesses Act

This bill prohibits the Small Business Administration from directly making a loan under the 7(a) Program, which authorizes loans and loan guaranties to small businesses that meet certain requirements.