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R41184 – Small Business Administration 504/CDC Loan Guaranty Program – 10/12/2016

Author: Robert Jay Dilger, Senior Specialist in American National Government
Pages: 35

This report examines the rationale provided for the 504/CDC program, its borrower and lender eligibility standards, operating requirements, and performance statistics, including loan volume, loss rates, use of proceeds, borrower satisfaction, and borrower demographics. This report also examines congressional action taken to help small businesses gain greater access to capital, including the enactment of P.L. 111-5, the American Recovery and Reinvestment Act of 2009 (ARRA); P.L. 111-240, the Small Business Jobs Act of 2010; and P.L. 114-113. Bills: H.R. 5667, H.R. 2950, H.R. 3606, H.R. 1240, H.R. 2266, S. 3572, S. 1828, S. 289, S. 966