There is one summary for this bill. Bill summaries are authored by CRS.

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Introduced in House (03/11/1994)

Small Business Defense Conversion Loan Guarantee Act of 1994 - Amends the Small Business Act to: (1) authorize the Administrator of the Small Business Administration (SBA) to make loans on a guaranteed basis (currently, authorized but not guaranteed) to small businesses adversely affected by the closure of military bases or reductions or terminations of defense contracts; (2) allow such loans to small businesses that experience a substantial reduction in revenues due to such factors; and (3) authorize the SBA to make no more than $4 billion in deferred participation loans to such small businesses for each of FY 1995 and 1996.