Small Business Administration Microloan Program.

Format:

Book

Government document

Author/Creator:

Library of Congress. Government Division.

Language:

English

Subjects (All):

Child care.

Economic policy.

Loans.

Occupations.

Physical Description:

1 online resource (1 online resource (24 pages)) : digital, PDF file

monochrome

Place of Publication:

[Place of publication not identified] : [publisher not identified], 2015.

System Details:

System requirements: PDF reader software.

text file

PDF

Summary:

Presents arguments for the SBA microloan program, which provides direct loans to qualified non-profit intermediary lenders who, in turn, provide "microloans" of up to $35,000 to small business owners, entrepreneurs, and non-profit child care centers; and provides marketing, management, and technical assistance to microloan borrowers and potential borrowers. Describes microloan program operating standards and requirements for lenders and borrowers, and examines arguments presented by its critics and advocates. Examines H.R. 3854, the Small Business Financing and Investment Act of 2009; S. 2869, the Small Business Job Creation and Access to Capital Act of 2009; and P.L. 111-240, the Small Business Jobs Act; all to authorize changes to the SBA microloan program in an attempt to enhance job creation by increasing availability of credit to small businesses.

This report is one in a series of updates. For the most recent coverage of this report series, please see 14-R4-1057c in the 2014 issue.

Notes:

CRS Report.

Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed July 2015). Reuse except for individual research requires license from ProQuest, LLC.

Other Format:

Microfiche version: Library of Congress. Government Division. Small Business Administration Microloan Program

Access Restriction:

Restricted for use by site license.