25. Small Business Administration · Notable · Needs Congress
Create larger Section 7(a) loans for manufacturing investment
Not started
“Ask Congress to make available a category of Section 7(a) loans with a larger available principal that is used to finance manufacturing facility construction and equipment upgrading. The proposed SBA Reauthorization and Improvement Act of 2019, for example, would have increased the maximum loan principal to $50 million for advanced manufacturing construction and upgrading.”
What has happened
- Not started
No action found yet. This entry is the starting point, not a finding.
- Action
- create
- Object
- Section 7(a) loan category for manufacturing construction and equipment
- ID
- 2059