- Not enactedThe President has not signed this bill
- The house has not voted
- The senate has not voted
Committee on Small Business and EntrepreneurshipIntroducedNovember 20th, 2009
- senate Committees
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Express Loan Improvements Act of 2009
A bill to improve the Express Loan Program of the Small Business Act.
Express Loan Improvements Act of 2009 - Amends provisions of the Small Business Act relating to the Express Loan Program to: (1) increase (for a two-year period) from 50% to 75% the maximum percentage of such loan that may be guaranteed by the Small Business Administration (SBA); and (2) increase from $350,000 to $1 million the maximum loan amount.