PlainBillCongress, translated.Legislation. Context. Public interest.Read twice and referred to the Committee on Small Business and Entrepreneurship.
Congressional Research Service
Version 00 · Introduced in Senate · Apr 6, 2006
7(a) Loan Program Reauthorization Act of 2006 - Amends the Small Business Act to reauthorize through FY2009 the Small Business Administration (SBA) loan program under section 7(a) of such Act (guaranteed general business loans to small businesses). Increases the maximum amount of individual loans. Authorizes: (1) lower loan fees in some cases; and (2) an alternative business size standard for purposes of loan qualification.
Establishes within the SBA an Office of Minority Small Business Development, administered by the Associate Administrator for Minority Small Business Development.
Directs the SBA Administrator to establish a National Preferred Lenders Program, under which the Administrator may authorize an SBA-preferred lender to operate in any area served by a district office of the SBA and make loans to small businesses in such areas.
People & committees
Sen. Kerry, John F. [D-MA] · D–MA
Legislative record
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Read twice and referred to the Committee on Small Business and Entrepreneurship.
Sponsor introductory remarks on measure. (CR S3243-3245)
Introduced in Senate
Primary sources
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No related bills are listed in this snapshot. This does not establish whether the proposal has appeared in earlier Congresses.
Source last updated: Sep 8, 2026. Consult Congress.gov for the current record.
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