Summary: H.R.2281 — 111th Congress (2009-2010)All Information (Except Text)

There is one summary for H.R.2281. Bill summaries are authored by CRS.

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Introduced in House (05/06/2009)

Small Business Opportunity Act of 2009 - Directs the Administrator of the Small Business Administration (SBA) to establish and implement a program under which the Administrator shall pay, with respect to each SBA-guaranteed small business loan entered into after the enactment of this Act, 100% of the interest due for the first year, 75% for the second year, and 50% for the third. Terminates the authority of the Administrator to make such payments at the end of the the third year following enactment of this Act.