S 2486 · 119th Congress

Protecting Access to Credit for Small Businesses Act

This bill would prevent the Small Business Administration (SBA) from directly lending money to small businesses through its 7(a) loan program. Instead of the SBA making loans directly to business owners, loans would have to go through banks and other private lenders, with the SBA potentially guaranteeing or backing…

Sponsor

Scott, Tim (R-South Carolina)

Introduced

2025-07-28

Policy area

Commerce

Latest action

Read twice and referred to the Committee on Small Business and Entrepreneurship.