Small Business Afministration 504/CDC Loan Guaranty Program

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Description

This report examines the rationale provided for the Small Business Administration's 504/CDC program, its borrower and lender eligibility standards, operating requirements, and performance statistics, including loan volume, loss rates, proceeds usage, borrower satisfaction, and borrower demographics. This report also discusses congressional action taken to help small businesses gain greater access to capital, including enactment of P.L. 111-5, the American Recovery and Reinvestment Act of 2009 (ARRA); P.L. 111-240; and P.L. 114-113, and issues related to the SBA's oversight of 504/CDC lenders.

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33 pages.

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Dilger, Robert Jay December 5, 2017.

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Description

This report examines the rationale provided for the Small Business Administration's 504/CDC program, its borrower and lender eligibility standards, operating requirements, and performance statistics, including loan volume, loss rates, proceeds usage, borrower satisfaction, and borrower demographics. This report also discusses congressional action taken to help small businesses gain greater access to capital, including enactment of P.L. 111-5, the American Recovery and Reinvestment Act of 2009 (ARRA); P.L. 111-240; and P.L. 114-113, and issues related to the SBA's oversight of 504/CDC lenders.

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33 pages.

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Congressional Research Service Reports

The Congressional Research Service (CRS) is the public policy research arm of Congress. This legislative branch agency works exclusively for Members of Congress, their committees and their staff. This collection includes CRS reports from the mid-1960's through 2018—covering a variety of topics from agriculture to foreign policy to welfare.

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  • December 5, 2017

Added to The UNT Digital Library

  • Feb. 11, 2018, 8:57 p.m.

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Dilger, Robert Jay. Small Business Afministration 504/CDC Loan Guaranty Program, report, December 5, 2017; Washington D.C.. (https://digital.library.unt.edu/ark:/67531/metadc1094400/: accessed July 20, 2019), University of North Texas Libraries, Digital Library, https://digital.library.unt.edu; crediting UNT Libraries Government Documents Department.