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Increased Loan Limits for Small Business Energy Projects

This act raises the maximum loan amount available to small businesses for energy-related projects. This change aims to help more businesses finance energy upgrades, potentially lowering their operating costs and fostering growth. It facilitates access to capital for environmental and energy efficiency purposes.
Key points
The maximum loan amount for small businesses for energy projects increases from $5.5 million to $10 million.
The Small Business Administration Administrator will annually report to Congress on the industries and geographic areas receiving these loans.
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Expired
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Additional Information
Print number: 117_HR_6921
Sponsor: Rep. Crow, Jason [D-CO-6]
Process start date: 2022-03-03
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Small Business Energy Loan Enhancement Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_6921.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2022-03-03.

What are the main provisions?

Key points include:

  • The maximum loan amount for small businesses for energy projects increases from $5.5 million to $10 million.
  • The Small Business Administration Administrator will annually report to Congress on the industries and geographic areas receiving these loans.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Crow, Jason [D-CO-6].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Small Business.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-28.

CATEGORIES

Economy Environment