Pub. L. 111-240, tit. I, subtit. A, pt. I, sec. 1113 (as amended)

MAXIMUM LOAN LIMITS UNDER MICROLOAN PROGRAM.

Year: 2021Length: 71 wordsOfficial source
SEC. 1113. MAXIMUM LOAN LIMITS UNDER MICROLOAN PROGRAM. Section 7(m) of the Small Business Act (15 U.S.C. 636(m)) is amended— (1) in paragraph (1)(B)(iii), by striking “$35,000” and inserting “$50,000”; (2) in paragraph (3)— (A) in subparagraph (C), by striking “$3,500,000” and inserting “$5,000,000”; and (B) in subparagraph (E), by striking “$35,000” each place that term appears and inserting “$50,000”; and (3) in paragraph (11)(B), by striking “$35,000” and inserting “$50,000”.
Pub. L. 111-240, tit. I, subtit. A, pt. I, sec. 1113 (as amended): MAXIMUM LOAN LIMITS UNDER MICROLOAN PROGRAM. | Justis AI