MICROLOAN TECHNICAL ASSISTANCE TO NONBORROWERS.

SEC. 207. MICROLOAN TECHNICAL ASSISTANCE TO NONBORROWERS. Section 7(m)(4) of the Small Business Act (15 U.S.C. 636(m)(4)) is amended by adding at the end the following new subparagraph: “(E) Assistance to certain small business concerns.—Each intermediary may expend an amount not to exceed 15 percent of the grant funds received under paragraph (1)(B)(ii) to provide information and technical assistance to small business concerns that are prospective borrowers under this subsection.”.