Small Business Technological Advancement Act

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Introduced on December 3, 2024 by Mark Alford

Legislation Details

Authorizes the Small Business Administration (SBA) to provide business loans.
Loans can be used to finance business software or cloud computing services.
Aims to facilitate business operations and improve service delivery.
Supports functions such as payroll processing, human resources, sales, billing, accounting, and inventory tracking.
Amends Section 7(a) of the Small Business Act to include these new loan purposes.

Last updated 12/19/2024