S. 1828 (112th): Increasing Small Business Lending Act of 2011

Nov 08, 2011 (112th Congress, 2011–2013)
Died (Referred to Committee)
John Kerry
Senator from Massachusetts
Read Text »
Last Updated
Nov 08, 2011
5 pages
Related Bills
H.R. 5851 (Related)
Increasing Small Business Lending Act of 2012

Referred to Committee
Last Action: May 18, 2012


This bill was introduced on November 8, 2011, in a previous session of Congress, but was not enacted.

Introduced Nov 08, 2011
Referred to Committee Nov 08, 2011
Full Title

A bill to increase small business lending, and for other purposes.


No summaries available.


Senate Small Business and Entrepreneurship

The committee chair determines whether a bill will move past the committee stage.

Primary Source

THOMAS.gov (The Library of Congress)

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S. stands for Senate bill.

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GovTrack’s Bill Summary

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Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.

Increasing Small Business Lending Act of 2011 - Amends the American Recovery and Reinvestment Act of 2009 to extend small business loan fee reductions and eliminations and small business loan guarantees under such Act to one year after the enactment of this Act.
Makes uniform between the Small Business Administration (SBA) section 7(a) loan program and the SBA local development business loan program the office space leasing policy, allowing up to 50% of a facility to be leased on either a new or existing building.
Allows the SBA Administrator to pool (combine for sale on the secondary market) SBA-guaranteed loans having various interest rates. (Currently, the SBA may pool only SBA-guaranteed loans having the same interest rate.) Requires interest rates on trust certificates representing shares of pooled loans to be the weighted average interest rate of such loans. Requires the SBA to provide to intermediary lenders at least one alternative interest rate other than the Wall Street prime rate.

House Republican Conference Summary

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No summary available.

House Democratic Caucus Summary

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