The House approved a Defense Department authorization bill on Wednesday that included provisions to continue funding the Small Business Administration.

The legislation gave the SBA an additional $125 million to extend provisions of the economic stimulus bill enacted in February that lowered some fees and increased the government's guarantee on such loans to 90% from 75%. The Senate has yet to pass the bill, but could act soon.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.