Sec. 101. Amount authorized for commitments
134 words·~1 min read·
/bill/116/s/4818/is/section-101A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 1102(b) of the CARES Act ( Public Law 116–136 ) is amended to read as follows:
(a)loans During the period beginning on the date of enactment of the Heroes Small Business Lifeline Act and ending on March 31, 2021, subject to the availability of appropriations, the Administrator may make commitments under paragraph
(36)of section 7(a) of the Small Business Act ( 15 U.S.C. 636(a) ) in such amounts as the Administrator determines necessary, but not less than $779,640,000,000. 7(a) loans For fiscal year 2021, commitments for general business loans authorized under paragraphs
(1)through
(35)of section 7(a) of the Small Business Act ( 15 U.S.C. 636(a) ) shall not exceed $75,000,000,000 for a combination of amortizing term loans and the aggregated maximum line of credit provided by revolving loans. .
Connectionstraces to 2
Traces to 2 documents
public-private-law
U.S. Code
Citation graph
cites case law
Cites 2Cited by 0 across 0 sources