,i  #aah? ,,congress  #b;d ,session  ,h4
 ,r4 #gefj  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,m>* #f1 #bjbd,ms4 ,*u
 7= h]self & ,ms4 ,velzquez7 introduc$ !
 foll[+ bill2 :i* 0 ref]r$ to !         
,committee on ,small ,bus9ess  ,a ,,bill
  ,to am5d ! ,small ,bus9ess ,act to    
codify ! ,community ,advantage ,loan    
,program1 & = o!r purposes4  #a4 ,%ort  
title ,?is ,act may be cit$ z !         
,community ,advantage ,loan ,program    
,act ( #bjbd4  #b4 ,community ,advantage
 ,loan ,program  7a7 ,e/abli%m5t (      
,community ,advantage ,loan ,program    
,section #g7;a7 ( ! ,small ,bus9ess ,act
 7#ae ,u4,s4,c4 #fcf7;a77 is am5d$ by   
add+ at ! end ! foll[+3  7#ch7          
,community ,advantage ,loan ,program    
7,a7 ,purposes ,! purposes ( !          
,community ,advantage ,loan ,program    
are-- 7i7 to create a mission-ori5t$    
loan gu>antee program2  7ii7 to increase
 l5d+ to small bus9ess conc]ns 9        
und]s]v$ & rural m>kets1 includ+ to new 
bus9esses2  7iii7 to ensure t ! program 

"u ?is subsection exp&s inclusion & m   
broadly meets congressional int5t to    
rea* borr[]s :o are unable to get cr$it 
else:]e on reasonable t]ms & conditions2
  7iv7 to help und]s]v$ small bus9ess   
conc]ns become bankable by utiliz+ !    
small doll> f9anc+ & bus9ess support    
exp]i5ce ( mission-ori5t$ l5d]s2  7v7 to
 all[ c]ta9 mission-ori5t$ l5d]s1       
prim>ily f9ancial int]m$i>ies focus$ on 
economic developm5t 9 und]s]v$ m>kets1  
access to gu>antees = loans "u ?is      
subsection & provide managem5t &        
te*nical assi/ance to small bus9ess     
conc]ns z ne$$2 &  7vi7 to assi/ cov]$  
in/itutions ) provid+ bus9ess support   
s]vices & te*nical assi/ance to small   
bus9ess conc]ns1 :5 ne$$4  7,b7         
,def9itions ,9 ?is p>agraph3 7i7        
,community ,advantage ,network ,p>tn] ,!
 t]m ,community ,advantage ,network     
,p>tn]-- 7,i7 means a nonpr(it1         
mission-ori5t$ organization t acts z a  
,ref]ral ,ag5t to cov]$ in/itutions 9   
ord] to exp& ! rea* ( ! program to small

 bus9ess conc]ns 9 und]s]v$ m>kets2 &   
7,,ii7 does n include a cov]$ in/itution
 mak+ loans "u ! program4  7ii7 ,cov]$  
in/itution ,! t]m cov]$ in/itution means
 an entity t-- 7,i7 is-- 7aa7 a         
developm5t company1 z def9$ 9 section   
#ajc ( ! ,small ,bus9ess ,inve/m5t ,act 
( #aieh 7#ae ,u4,s4,c4 #ffb71 p>ticipat+
 9 ! program e/abli%$ "u title ,v ( su* 
,act 7#ae ,u4,s4,c4 #fie et seq472  7bb7
 a nonpr(it int]m$i>y1 z def9$ 9        
subsection 7m77#aa71 p>ticipat+ 9 !     
microloan program "u subsection 7m72    
7cc7 a non-,f$]ally regulat$ entity     
c]tifi$ z a community developm5t        
f9ancial in/itution by ! ,community     
,developm5t ,f9ancial ,in/itutions ,fund
 e/abli%$ "u section #ajd7;a7 ( !       
,community ,developm5t ,bank+ &         
,f9ancial ,in/itutions ,act ( #aiid 7#ab
 ,u4,s4,c4 #dgjc7;a772 or  7dd7 an      
eligible int]m$i>y1 z def9$ 9 subsection
 7l77#a71 p>ticipat+ 9 ! small bus9ess  
int]m$i>y l5d+ program e/abli%$ "u      
subsection 7l77#b72  7,,ii7 has approv$ 

& disburs$ #aj simil>ly siz$ loans dur+ 
! #bd-mon? p]iod prec$+ ! date on :i*   
su* entity submits an application to    
p>ticipate 9 ! program2 &  7,,iii7 is   
s]vic+1 z ( ! date on :i* su* entity    
beg9s p>ticipation 9 ! program1 n less  
?an #aj simil>ly siz$ loans 7o!r ?an a  
loan describ$ 9 subclause 7,,ii77 to    
small bus9ess conc]ns 9 ! portfolio ( ! 
entity4  7iii7 ,exi/+ bus9ess ,! t]m    
exi/+ bus9ess means a small bus9ess     
conc]n t has be5 9 exi/5ce = n less ?an 
#b ye>s on ! date on :i* a loan is made 
to su* small bus9ess conc]n "u !        
program4  7iv7 ,l[- or mod]ate-income   
community ,! t]m l[- or mod]ate-income  
community means a c5sus tract designat$ 
z l[-income or mod]ate-income by !      
,f9ancial ,in/itutions ,exam9ation      
,c\ncil on a public website ( ! ,c\ncil4
  7v7 ,new bus9ess ,! t]m new bus9ess   
means a small bus9ess conc]n t has be5 9
 exi/5ce = n m ?an #b ye>s on ! date on 
:i* a loan is made to su* small bus9ess 
conc]n "u ! program4  7vi7 ,program ,!  

t]m program means ! ,community          
,advantage ,loan ,program e/abli%$ "u   
subp>agraph 7,c74  7vii7 ,ref]ral ag5t  
,! t]m ,ref]ral ,ag5t has ! mean+ giv5 !
 t]m 9 section #ajc4a7;f7 ( title #ac1  
,code ( ,f$]al ,regulations1 or any     
successor regulation4  7viii7 ,rural    
area ,! t]m rural area means any c\nty t
 ! ,bureau ( ! ,c5sus has def9$ z mo/ly 
rural or completely rural 9 ! mo/ rec5t 
dec5nial c5sus4  7ix7 ,/ate ,! t]m ,/ate
 means ea* ( ! sev]al ,/ates1 ! ,di/rict
 ( ,columbia1 & ea* t]ritory ( ! ,unit$ 
,/ates4  7x7 ,small bus9ess conc]n 9    
und]s]v$ m>kets ,! t]m small bus9ess    
conc]n 9 und]s]v$ m>kets means a small  
bus9ess conc]n-- 7,i7 t is locat$ 9--   
7aa7 a l[- or mod]ate-income community2 
7bb7 a ,h,u,b,zone1 z t t]m is def9$ 9  
section #ca7;b72  7cc7 a rural area2    
7dd7 a community t has be5 designat$ z  
an emp[]m5t zone or ent]prise community 
"u section #acia ( ! ,int]nal ,rev5ue   
,code ( #aihf2  7ee7 a community t has  
be5 designat$ z a qualifi$ opportunity  

zone "u section #adjj,z-#a ( ! ,int]nal 
,rev5ue ,code ( #aihf2 or  7ff7 a       
community t has be5 designat$ z a       
promise zone by ! ,secret>y ( ,h\s+ &   
,urban ,developm5t2  7,,ii7 = :i* m ?an 
#ej p]c5t ( ! employees reside 9 a l[-  
or mod]ate-income community2  7,,iii7 t 
is a new bus9ess2  7,,iv7 t is own$ &   
controll$ by "o or m vet]ans or sp\ses (
 vet]ans2  7,v7 t is locat$ 9 any area =
 :i* a disa/] decl>ation or det]m9ation 
describ$ 9 subp>agraph 7,a71 7,b71 7,c71
 or 7,e7 ( subsection 7b77#b7 has be5   
made t has n t]m9at$ m ?an #b ye>s be=e 
! date on :i* a loan is made to ! small 
bus9ess conc]n "u ! program1 except--   
7aa7 9 ! case ( a disa/] t is n a major 
disa/] describ$ 9 subsection            
7b77#b77;,a71 ! ,adm9i/rator may ext5d  
su* p]iod2 &  7bb7 9 ! case ( major     
disa/] describ$ 9 subsection            
7b77#b77;,a71 t p]iod %all be #e ye>s2  
7,,vi7 t is own$ & controll$ by a memb] 
( an ,indian ,tribe individually        
id5tifi$ 7includ+ p>5!tically7 9 ! mo/  

rec5t li/ publi%$ pursuant to section   
#ajd ( ! ,f$]ally ,recogniz$ ,indian    
,tribe ,li/ ,act ( #aiid 7#be ,u4,s4,c4 
#eaca72  7,,vii7 t is own$ & controll$  
by an individual :o has complet$ a t]m (
 imprisonm5t 9 a ,f$]al1 ,/ate1 or local
 jail1 or prison2 or  7,,viii7 t is own$
 & controll$ by an individual ) a       
disability1 z t t]m is def9$ 9 section  
#c ( ! ,am]icans ) ,disabilities ,act ( 
#aiij 7#db ,u4,s4,c4 #abajb74  7,c7     
,e/abli%m5t ,!re is e/abli%$ a          
,community ,advantage ,loan ,program "u 
:i* ! ,adm9i/ration may gu>antee loans  
made by cov]$ in/itutions "u ?is        
subsection1 ) an emphasis on loans made 
to small bus9ess conc]ns 9 und]s]v$     
m>kets4  7,d7 ,program levels ,9 fiscal 
ye> #bjbd & ea* fiscal ye> !reaft]1 n m 
?an #aj p]c5t ( ! numb] ( loans gu>ante$
 "u ?is subsection may be gu>ante$ "u ! 
program4  7,e7 ,gr&fa!r+ ( exi/+ l5d]s  
,any cov]$ in/itution t 0 lic5s$ by !   
,adm9i/rator z a ,community ,advantage  
small bus9ess l5d+ company dur+ ! p]iod 

beg9n+ on ,may #a1 #bjbc1 & end+ on     
,octob] #ca1 #bjbc1 or t p>ticipat$ 9 ! 
,community ,advantage ,pilot ,program ( 
! ,adm9i/ration1 & 0 9 good /&+1 z      
det]m9$ by ! ,adm9i/ration-- 7i7 %all be
 designat$ z p>ticipants 9 ! program2   
7ii7 %all n be requir$ to submit an     
application to p>ticipate 9 ! program2 &
  7iii7 = ! purpose ( det]m9+ ! loan    
loss res]ve am\nt ( ! cov]$ in/itution1 
%all h p>ticipation 9 ! ,community      
,advantage ,pilot ,program includ$ 9 !  
calculation "u subp>agraph 7,j74  7,f7  
,requirem5t to make loans to und]s]v$   
m>kets ,n less ?an #fj p]c5t ( loans    
made by a cov]$ in/itution "u ! program 
%all consi/ ( loans made to small       
bus9ess conc]ns 9 und]s]v$ m>kets4  7,g7
 ,maximum loan am\nt2 collat]al  7i7    
,maximum loan am\nt  7,i7 ,9 g5]al      
,except z provid$ 9 subclause 7,,ii71 ! 
maximum loan am\nt = a loan gu>ante$ "u 
! program is #cej1jjj4  7,,ii7 ,exp]i5c$
 l5d]s  7aa7 ,9 g5]al ,! ,adm9i/rator   
may select n m ?an #h cov]$ in/itutions 

to be designat$ z exp]i5c$ l5d]s to be  
eligible to make loans "u ?is p>agraph4 
,an exp]i5c$ l5d] %all h n less ?an #e  
ye>s ( exp]i5ce mak+ loans "u !         
,community ,advantage ,pilot ,program ( 
! ,adm9i/ration or ! program e/abli%$ "u
 ?is p>agraph4  7bb7 ,maximum loan am\nt
 ,an exp]i5c$ l5d] may make a loan      
gu>ante$ "u ! program 9 an am\nt t is n 
m ?an #gej1jjj1 b n less ?an #fj p]c5t (
 ! total numb] ( su* loans made by an   
exp]i5c$ l5d] %all be 9 an am\nt t is   
less ?an or equal to #cej1jjj4  7cc7    
,p>ticipation by ! adm9i/ration ,)      
respect to an agreem5t to p>ticipate 9 a
 loan made "u ?is subclause on a def]r$ 
basis1 ! p>ticipation by ! ,adm9i/ration
 %all be-- 7,,aa7 #ge p]c5t ( ! balance 
( ! f9anc+ out/&+ at ! "t ( !           
disbursem5t ( ! loan1 if t balance is m 
?an #cej1jjj2 7,,bb7 z describ$ 9 clause
 7i7 ( p>agraph 7#b77;,g71 if ! balance 
( ! f9anc+ out/&+ at ! "t ( !           
disbursem5t ( ! loan is z describ$ 9 t  
clause2 or 7,,cc7 z describ$ 9 clause   

7ii7 ( p>agraph 7#b77;,g71 if ! balance 
( ! f9anc+ out/&+ at ! "t ( !           
disbursem5t ( ! loan is z describ$ 9 t  
clause4  7ii7 ,collat]al  7,i7 ,9 g5]al 
,a cov]$ in/itution may n require       
collat]al ) respect to a loan gu>ante$  
"u ! program if ! am\nt ( t loan is less
 ?an or equal to #ej1jjj4  7,,ii7       
,policies & proc$ures ( cov]$ in/itution
 ,9 det]m9+ ! am\nt ( collat]al requir$ 
) respect to a loan gu>ante$ "u !       
program1 a cov]$ in/itution may use !   
collat]al policies & proc$ures ( ! cov]$
 in/itution ) respect to simil>ly siz$  
comm]cial loans made by ! cov]$         
in/itution t are n gu>ante$ by !        
,adm9i/rator4  7,h7 ,int]e/ rates ,!    
maximum all[able int]e/ rate prescrib$  
by ! ,adm9i/ration on any f9anc+ made on
 a def]r$ basis pursuant to ! program   
%all n exce$ ! maximum all[able int]e/  
rate "u sections #abj4bac & #abj4bad (  
title #ac1 ,code ( ,f$]al ,regulations1 
or any successor regulations4  7,i7     
,ref9anc+ ( community advantage program 

loans ,a loan gu>ante$ "u ! program or  
gu>ante$ "u ! ,community ,advantage     
,pilot ,program ( ! ,adm9i/ration may be
 ref9anc$ into ano!r loan "u ?is        
subsection t is made by a l5d] t does n 
p>ticipate 9 ! program4  7,j7 ,loan loss
 res]ve requirem5ts  7i7 ,loan loss     
res]ve acc\nt = cov]$ in/itutions ,a    
cov]$ in/itution-- 7,i7 ) n m ?an #e    
ye>s ( p>ticipation 9 ! program %all    
ma9ta9 a loan loss res]ve acc\nt ) an   
am\nt equal to #e p]c5t ( ! out/&+ am\nt
 ( ! ungu>ante$ portion ( ! loan        
portfolio ( ! cov]$ in/itution "u !     
program2 &  7,,ii7 ) m ?an #e ye>s (    
p>ticipation 9 ! program %all ma9ta9 a  
loan loss res]ve acc\nt ) an am\nt equal
 to ! av]age repur*ase rate ( ! cov]$   
in/itution ov] ! #cf-mon? p]iod prec$+ !
 mo/ rec5t recalculation conduct$ "u    
clause 7iii71 except t su* am\nt %all n 
be less ?an #c p]c5t ( ! out/&+ am\nt ( 
! ungu>ante$ portion ( ! loan portfolio 
( ! cov]$ in/itution "u ! program4  7ii7
 ,additional loan loss res]ve am\nt =   

sell+ loans on ! second>y m>ket ,9      
addition to ! am\nt requir$ 9 ! loan    
loss res]ve acc\nt "u clause 7i71 a     
cov]$ in/itution t sells a program loan 
on ! second>y m>ket %all be requir$ to  
ma9ta9 ! foll[+ additional am\nts 9 !   
loan loss res]ve acc\nt3 7,i7 ,= a cov]$
 in/itution ) less ?an #e ye>s (        
exp]i5ce sell+ program loans on !       
second>y m>ket1 an am\nt equal to #c    
p]c5t ( ! gu>ante$ portion ( ea* program
 loan sold on ! second>y m>ket4  7,,ii7 
,= a cov]$ in/itution ) m ?an #e ye>s ( 
exp]i5ce sell+ program loans on !       
second>y m>ket1 an am\nt equal to !     
av]age repur*ase rate = loans sold by ! 
cov]$ in/itution on ! second>y m>ket ov]
 ! #cf-mon? p]iod prec$+ ! mo/ rec5t    
recalculation conduct$ "u clause 7iii71 
except t su* am\nt %all be n less ?an #b
 p]c5t ( ! gu>ante$ portion ( ea*       
program loan sold into ! second>y m>ket4
  7iii7 ,recalculation ,on ,octob] #a ( 
ea* ye>1 ! ,adm9i/rator %all recalculate
 ! loan loss res]ve requir$ "u clauses  

7i7 & 7ii74  7,k7 ,tra9+  7i7 ,9 g5]al  
,^u ! initial entry ( a cov]$ in/itution
 into ! program1 & on an ongo+ basis1 ! 
,adm9i/rator %all provide accessible    
tra9+s to support compliance by ! cov]$ 
in/itution ) program requirem5ts & to   
improve communication betwe5 ! cov]$    
in/itution & ! ,adm9i/ration4 ,su*      
tra9+s %all include-- 7,i7 guidance )   
respect to ! program = foll[+ !         
regulations ( ! ,adm9i/ration2 &  7,,ii7
 guidance = cov]$ in/itutions p>ticipat+
 9 ! program t is int5d$ to help l5d]s  
effectively rea* & support small bus9ess
 conc]ns 9 und]s]v$ m>kets1 includ+     
managem5t & te*nical assi/ance deliv]y4 
7ii7 ,contract ,! ,adm9i/rator may ent] 
into a contract to provide any tra9+    
describ$ 9 clause 7i7 ) an              
organization-- 7,i7 ) exp]tise 9 l5d+ "u
 ?is subsection2 & prim>ily specializ+  
9-- 7aa7 mission-ori5t$ l5d+2 &  7bb7   
l5d+ to small bus9ess conc]ns 9 und]s]v$
 m>kets4  7iii7 ,o!r requirem5ts ,!     
,adm9i/rator %all provide any tra9+     

describ$ 9 clause 7i7 = ! employees &   
contractors ( ! ,adm9i/ration t regul>ly
 engage ) cov]$ in/itutions or borr[]s  
"u ! program4  7,l7 ,community advantage
 outrea* & education ,! ,adm9i/rator--  
7i7 %all develop & implem5t a plan--    
7,i7 to promote ! program to prospective
 cov]$ in/itutions2 &  7,,ii7 to conduct
 outrea* & educate prospective cov]$    
in/itutions ab\t ! program2 &  7ii7 may 
ent] into contracts ) #a or m nonpr(it  
organizations exp]i5c$ 9 work+ ) & tra9+
 mission-driv5 l5d]s 7t are n ,community
 ,advantage ,network ,p>tn]s7 to provide
 ! promotion1 outrea*1 & education      
describ$ 9 clause 7i74  7,m7 ,community 
,advantage ,network ,p>tn] p>ticipation 
7i7 ,9 g5]al ,a cov]$ in/itution t uses 
a ,community ,advantage ,network ,p>tn] 
%all abide by policies & proc$ures ( !  
,adm9i/ration conc]n+ ! use ( ,ref]ral  
,ag5t fees p]mitt$ by ! ,adm9i/ration & 
disclosure ( ^? fees4  7ii7 ,paym5t (   
fees ,not)/&+ any o!r provision ( law1  
all fees describ$ 9 clause 7i7 %all be  

paid by ! cov]$ in/itution to !         
,community ,advantage ,network ,p>tn] ^u
 disbursem5t ( ! applicable program     
loan4  7,n7 ,delegat$ au?ority ,a cov]$ 
in/itution is n eligible to receive     
delegat$ au?ority f ! ,adm9i/ration "u !
 program until ! cov]$ in/itution has   
satisfi$ ! foll[+ applicable            
requirem5ts3 7i7 ,= a cov]$ in/itution  
actively p>ticipat+ 9 ! ,community      
,advantage ,pilot ,program ( !          
,adm9i/ration1 z ( ! day be=e ! date (  
enactm5t ( ?is p>agraph-- 7,i7 ! cov]$  
in/itution has approv$ & fully disburs$ 
n few] ?an #aj loans "u t ,pilot        
,program2 &  7,,ii7 ! ,adm9i/rator has  
evaluat$ ! ability ( ! cov]$ in/itution 
to fulfill program requirem5ts4  7ii7 ,=
 any cov]$ in/itution n describ$ 9      
clause 7i7-- 7,i7 ! cov]$ in/itution has
 approv$ & fully disburs$ n few] ?an #bj
 loans "u ! program2 &  7,,ii7 !        
,adm9i/rator has evaluat$ ! ability ( ! 
cov]$ in/itution to fulfill program     
requirem5ts4  7,o7 ,report+  7i7 ,weekly

 reports  7,i7 ,9 g5]al ,! ,adm9i/rator 
%all report on ! website ( !            
,adm9i/ration1 z "p ( ! weekly reports  
on l5d+ approvals "u ?is subsection--   
7aa7 on & aft] ! date ( enactm5t ( ?is  
p>agraph1 ! numb] & doll> am\nt ( loans 
gu>ante$ "u ! ,community ,advantage     
,pilot ,program ( ! ,adm9i/ration2 &    
7bb7 on & aft] ! date on :i* !          
,adm9i/rator beg9s to approve loans "u !
 program1 ! numb] & doll> am\nt ( loans 
gu>ante$ "u ! program4  7,,ii7 ,sep>ate 
acc\nt+ ,! numb] & doll> am\nt ( loans  
report$ 9 a weekly report "u subclause  
7,i7 = loans gu>ante$ "u ! ,community   
,advantage ,pilot ,program ( !          
,adm9i/ration & "u ! program %all       
include a breakd[n by ! demographic     
in=mation ( ! own]s ( ! small bus9ess   
conc]ns1 by :e!r ! small bus9ess conc]n 
is a new bus9ess or an exi/+ bus9ess1 & 
by :e!r ! small bus9ess conc]n is locat$
 9 an urban area or rural area1 fur!r   
disaggregat$ by-- 7aa7 loans less ?an or
 equal to #ej1jjj2  7bb7 loans great]   

?an #ej1jjj & less ?an or equal to      
#aej1jjj2  7cc7 loans great] ?an        
#aej1jjj & less ?an or equal to         
#bej1jjj2  7dd7 loans great] ?an        
#bej1jjj & less ?an or equal to         
#cej1jjj2 &  7ee7 loans great] ?an      
#cej1jjj & less ?an or equal to         
#gej1jjj4  7ii7 ,annual reports  7,i7 ,9
 g5]al ,= ea* fiscal ye> 9 :i* ! program
 is 9 effect1 ! ,adm9i/ration %all      
submit to ! ,committee on ,small        
,bus9ess & ,entrepr5eur%ip ( ! ,s5ate & 
! ,committee on ,small ,bus9ess ( !     
,h\se ( ,repres5tatives1 & make publicly
 available on ! int]net1 in=mation ab\t 
loans provid$ "u ! program & "u !       
,community ,advantage ,pilot ,program ( 
! ,adm9i/ration4  7,,ii7 ,cont5ts ,ea*  
report submitt$ & made publicly         
available "u subclause 7,i7 %all        
include-- 7aa7 ! numb] & doll> am\nts ( 
loans provid$ to small bus9ess conc]ns  
"u ! program1 includ+ a breakd[n by--   
7,,aa7 ! demographic in=mation ( ! own]s
 ( ! small bus9ess conc]n2 7,,bb7 :e!r !

 small bus9ess conc]n is locat$ 9 an    
urban area or rural area2 & 7,,cc7 :e!r 
! small bus9ess conc]n is an exi/+      
bus9ess or a new bus9ess1 z provid$ 9 ! 
weekly reports on l5d+ approvals "u ?is 
subsection2  7bb7 ! proportion ( loans  
describ$ 9 item 7aa7 comp>$ to-- 7,,aa7 
o!r loans made "u ?is subsection ( any  
am\nt2 7,,bb7 o!r loans made "u ?is     
subsection ( simil> am\nts2 7,,cc7      
express loans provid$ "u p>agraph 7#ca7 
( simil> am\nts2 & 7,,dd7 o!r loans made
 "u ?is subsection ( simil> am\nts      
provid$ to small bus9ess conc]ns 9      
und]s]v$ m>kets2  7cc7 a comp>ison ( !  
numb] & doll> am\nts ( loans provid$ to 
small bus9ess conc]ns "u ! program & "u 
ea* category ( loans describ$ 9 item    
7aa71 brok5 d[n by-- 7,,aa7 loans less  
?an or equal to #ej1jjj2 7,,bb7 loans   
great] ?an #ej1jjj & less ?an or equal  
to #aej1jjj2 7,,cc7 loans great] ?an    
#aej1jjj & less ?an or equal to         
#bej1jjj2 7,,dd7 loans great] ?an       
#bej1jjj & less ?an or equal to         

#cej1jjj2 & 7,,ee7 loans great] ?an     
#cej1jjj & less ?an or equal to         
#gej1jjj2  7dd7 ! numb] & doll> am\nts (
 loans provid$ to small bus9ess conc]ns 
"u ! program by ,/ate1 & ! jobs creat$  
or reta9$ )9 ea* ,/ate2 &  7ee7 a li/ ( 
cov]$ in/itutions p>ticipat+ 9 ! program
 & ! ,community ,advantage ,pilot       
,program ( ! ,adm9i/ration1 includ+--   
7,,aa7 ! "n1 location1 & contact        
in=mation1 su* z ! website & telephone  
numb]1 ( ea* cov]$ in/itution2 & 7,,bb7 
a breakd[n by ! numb] & doll> am\nt ( ! 
loans approv$ = small bus9ess conc]ns4  
7,,iii7 ,tim+ ,an annual report requir$ 
"u ?is clause %all-- 7aa7 be submitt$ & 
made publicly available n lat] ?an      
,decemb] #a ( ea* ye>2 &  7bb7 cov] !   
l5d+ activity = ! fiscal ye> t end$ on  
,septemb] #cj ( t same ye>4  7,p7 ,,gao 
report ,n lat] ?an #e ye>s aft] ! date (
 ! enactm5t ( ?is p>agraph1 !           
,comptroll] ,g5]al ( ! ,unit$ ,/ates    
%all submit to ! ,adm9i/rator1 !        
,committee on ,small ,bus9ess &         

,entrepr5eur%ip ( ! ,s5ate1 & !         
,committee on ,small ,bus9ess ( ! ,h\se 
( ,repres5tatives a report-- 7i7        
assess+-- 7,i7 ! ext5t to :i* ! program 
fulfills ! requirem5ts ( ?is p>agraph2 &
  7,,ii7 ! p]=mance ( cov]$ in/itutions 
p>ticipat+ 9 ! program2 &  7ii7 provid+ 
recomm5dations on ! adm9i/ration ( !    
program & ! f9d+s "u subclauses 7,i7 &  
7,,ii7 ( clause 7i74  7,q7 ,regulations 
7i7 ,9 g5]al ,n lat] ?an #ahj days aft] 
! date ( enactm5t ( ?is p>agraph1 !     
,adm9i/rator %all issue rules gov]n+ !  
program1 includ+ metrics = l5d]         
p]=mance1 metrics ( success & b5*m>ks ( 
! program1 & crit]ia = appropriate      
managem5t & te*nical assi/ance4  7ii7   
,updates ,! ,adm9i/rator %all consult ! 
report submitt$ "u subp>agraph 7,p7 &1 n
 lat] ?an #ahj days aft] ! date on :i* !
 ,comptroll] ,g5]al ( ! ,unit$ ,/ates   
submits su* report1 am5d any exi/+ rules
 ( ! ,adm9i/ration bas$ on !            
recomm5dations conta9$ 9 su* report4  4 
7b7 ,p>ticipation ,section #g7;a77#b7 ( 

! ,small ,bus9ess ,act 7#ae ,u4,s4,c4   
#fcf7;a77#b77 is am5d$-- 7#a7 9         
subp>agraph 7,a71 9 ! matt] prec$+      
clause 7i71 by /rik+ & 7,f7 & ins]t+    
7,f71 & 7,g72 &  7#b7 by add+ at ! end !
 foll[+3  7,g7 ,p>ticipation 9 !        
,community ,advantage ,loan ,program    
,subject to subp>agraph                 
7,g77i77,,ii77cc7 ( p>agraph 7#ch71 9 an
 agreem5t to p>ticipate 9 a loan on a   
def]r$ basis "u t p>agraph1 !           
p>ticipation by ! ,adm9i/ration %all    
be-- 7i7 #hj p]c5t ( ! balance ( !      
f9anc+ out/&+ at ! "t ( ! disbursem5t ( 
! loan1 if t balance is great] ?an      
#aej1jjj & less ?an or equal to         
#cej1jjj2 or  7ii7 #ij p]c5t ( ! balance
 ( ! f9anc+ out/&+ at ! "t ( !          
disbursem5t ( ! loan1 if t balance is   
less ?an or equal to #aej1jjj4  4