The Small Business Intermediary Lending Pilot Act

Ms. KILROY. Mr. Speaker, when I talk to people in my community, the thing that they are most concerned about are jobs and the economy. When we took office, when I was sworn in last January, we were losing jobs at an atrocious rate, over 600,000 jobs per month. Now we are seeing months of job growth and adding jobs to our economy. That's the good news.

We must continue to stay on this pathway. That's why I have supported bills like the HIRE Act to help employers add more people to their businesses, and recently filed the Small Business Intermediary Lending Pilot Act so that people who are starting businesses and need smaller loans, in that gap between $35,000 and $200,000, that there can be a pilot program to set that in motion. Because when I talk to people and business people in the community, the one thing that they tell me that they really need is access to credit and access to capital.

The Small Business Intermediary Lending Pilot Act will help that. And another bill that we are working on in our Financial Services Committee, putting money into community banks to make loans to business, small business, will do just that.

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