Specifically, Bennet is pushing for a temporary increase in the size and scope of Small Business Administration (SBA) loans... Bennet’s blueprint would temporarily increase SBA guarantees loans... Increases the limits on 504 loans... Increases the limits on 7(a) loans... Increases the loan limit on microloans...
Bennet promises to temporarily increase the size and scope of SBA loans for small businesses, including raising 504 loan limits, 7(a) loan limits, and microloan limits.
Occurrences
Bennet’s blueprint would make SBA loans available to community-based lenders, like Community Development Financial Institutions, or CDFIs... Bennet is pushing to allow these loans to occur.
Bennet’s blueprint would temporarily eliminate the requirement that an intermediary microlender provide a 15 percent, non-federal match on loan funds secured from SBA.
Providing more resources targeted at reducing the backlog for small inventors and entrepreneurs to the Patent and Trademark Office... would provide a needed boost to small business inventors and innovators.
Evidence
legacy_unverified · Source version not recorded · locator unknown
Public Law 111-240 enacted H.R. 5297 on Sept. 27, 2010. Sections 1111-1113 amended SBA programs by raising 7(a) maximums to $5,000,000, raising 504 maximums to $5,000,000 or $5,500,000, and raising microloan limits from $35,000 to $50,000.
legacy_unverified · Source version not recorded · locator unknown
On Sept. 16, 2010, the Senate passed H.R. 5297, as amended, by 61-38. The roll call lists Bennet (D-CO) as voting Yea on passage of the Small Business Jobs and Credit Act of 2010.
Assessments
Public Law 111-240 was enacted on September 27, 2010 and directly raised SBA 7(a), 504, and microloan limits as promised. Bennet was serving in the Senate by appointment during the 2010 campaign and voted yea on Senate passage of H.R. 5297 on September 16, 2010, so he materially supported the enacted outcome. The delivery occurred before the 2011-2017 elected term identified in the campaign context, so the available timing categories do not cleanly fit same_term or later_term.