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Latest Update: Thursday, July, 24th 2008

A bill to establish portfolio quality standards, improve lender oversight by the Small Business Administration, create economic outcome and performance measurements, strengthen the loan programs under section 7(a) of the Small Business Act and title V of the Small Business Investment Act of 1958, and for other purposes. 11/1/2007--Introduced. Small Business Lending Oversight and Program Performance Improvement Act of 2007 - Directs the Administrator of the Small Business Administration (SBA) to develop and publish portfolio quality evaluation standards to evaluate the loan portfolios of lenders participating in the section 7(a) (SBA-guaranteed loans to small businesses) and 504 (financing to small businesses funded by SBA-guaranteed debentures) programs of the Small Business Act. Requires the standards to measure the rates of loan liquidation, currency, recovery, and delinquency, and to be used by the Administrator to determine lender portfolio quality and to conduct lender [...]

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Latest Actions
  • 11/01/2007 - Sponsor introductory remarks on measure. (CR S13689)
  • 11/01/2007 - Read twice and referred to the Committee on Small Business and Entrepreneurship. (text of measure as introduced: CR S13689-13691)
Bill Text
File name Last Updated
S.2288 Introduced in Senate11/06/2007