S. 5102IntroducedCOMMERCE
Community Advantage Loan Program Permanency Act of 2022
Economic development · Government lending and loan guarantees · Small business
Sponsor
Sen. Cardin, Benjamin L. [D-MD]
D · MD
Key facts
Introduced: Nov 16, 2022
Chamber: Senate
Cosponsors: 0
Congress: 117th
Latest action · Dec 14, 2022
Committee on Small Business and Entrepreneurship. Hearings held. Hearings printed: S.Hrg. 117-733.
Summary
Community Advantage Loan Program Permanency Act of 2022
This bill provides statutory authority for the Small Business Administration's Community Advantage Loan Program. The program provides access to capital for small business owners in underserved and low-to-moderate income communities.
Summary by Congressional Research Service.
Timeline
- Dec 14, 2022Committee on Small Business and Entrepreneurship. Hearings held. Hearings printed: S.Hrg. 117-733.
- Nov 16, 2022Read twice and referred to the Committee on Small Business and Entrepreneurship.
- Nov 16, 2022Introduced in Senate
In the News
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