Increasing Access to Capital Act of 2020
This bill requires the Small Business Administration (SBA) to temporarily waive, or reduce to the maximum extent possible, certain fees on SBA loans. The bill also temporarily increases the guarantee amount and loan size for certain SBA loans, including express loans, and it permanently waives the guarantee fee on SBA loans for veterans.
| Action Date | Type | Text | Source |
|---|---|---|---|
| 2020-03-19 | IntroReferral | Referred to the House Committee on Small Business. | House floor actions |
| 2020-03-19 | IntroReferral | Introduced in House | Library of Congress |