The House passed a bill Thursday eliminating federal
Lawmakers also:
Increased to 15% from 10% the minimum down payment for 504 loans.
*Allowed banks to securitize up to 10% of the amount of a "7a loan." The
*Directed the SBA to study how to improve the agency's loan programs.
The Senate is expected to take up the bill before Congress adjourns
Congress must also pass an SBA appropriations bill. Expected cuts in