‘‘(2) initiate the review of a matter under such 
subsections if such individual believes that Adminis-
tration procedures have not been followed as in-
tended with respect to such matter, without regard 
to whether an appeal or complaint has been made. 
‘‘(d) LIMITATIONS.— 
‘‘(1) IN GENERAL.—An individual carrying out 
the independent appellate process established under 
subsection (a) or the position of ombudsman estab-
lished under subsection (b) may not, as a result of 
the authority provided under this section— 
‘‘(A) make, change, or set aside a law, pol-
icy, or administrative decision; 
‘‘(B) make binding decisions or determine 
rights; 
‘‘(C) directly compel an entity to imple-
ment the recommendations of such individual; 
or 
‘‘(D) accept jurisdiction over an issue that 
is pending in a legal forum. 
‘‘(2) RULE OF CONSTRUCTION.—Activities car-
ried out under this section may not be construed— 
‘‘(A) as a formal investigation, formal 
hearing, or binding decision; 
VerDate Mar 15 2010 
00:35 Jun 18, 2010
Jkt 089200
PO 00000
Frm 00034
Fmt 6652
Sfmt 6201
E:\BILLS\H5554.IH
H5554
tjames on DSKG8SOYB1PROD with BILLS
‘‘(B) as limiting any remedy or right of ap-
peal; 
‘‘(C) as affecting any procedure concerning 
grievances, appeals, or administrative matters 
under law; or 
‘‘(D) as a substitute for an administrative 
or judicial proceeding. 
‘‘(e) REPORT.—Not later than one year after the date 
of the enactment of the Small Business Financing and In-
vestment Act of 2010 and annually thereafter, the Admin-
istrator shall submit to the Committee on Small Business 
of the House of Representatives and the Committee on 
Small Business and Entrepreneurship of the Senate a re-
port describing and providing the status of appeals made 
under subsection (a) and complaints made under sub-
section (b). 
‘‘(f) DEFINITIONS.—In this section, the following 
apply: 
‘‘(1) MATERIAL
DETERMINATION.—The term 
‘material determination’ includes determinations re-
lating to— 
‘‘(A) applications for payment relating to a 
loan guarantee; and 
‘‘(B) the ability of an entity to participate 
in an Administration loan or investing program. 
VerDate Mar 15 2010 
00:35 Jun 18, 2010
Jkt 089200
PO 00000
Frm 00035
Fmt 6652
Sfmt 6201
E:\BILLS\H5554.IH
H5554
tjames on DSKG8SOYB1PROD with BILLS
‘‘(2) INDEPENDENT
APPELLATE
PROCESS.— 
The term ‘independent appellate process’ means a 
review by an Administration official who does not di-
rectly or indirectly report to the Administration offi-
cial who made the material determination under re-
view.’’. 
SEC. 524. EXTENSION OF RECOVERY AND RELIEF LOAN 
BENEFITS. 
(a) FEE REDUCTIONS.—Section 501 of title V of di-
vision A of the American Recovery and Reinvestment Act 
of 2009 (Public Law 111–5) is amended— 
(1) in subsection (a) by striking ‘‘September 
30, 2010’’ and inserting ‘‘September 30, 2011’’; and 
(2) in subsection (c) by repealing paragraph 
(2). 
(b) ECONOMIC STIMULUS LENDING PROGRAM FOR 
SMALL BUSINESSES.—Section 502(f) of title V of division 
A of the American Recovery and Reinvestment Act of 
2009 (Public Law 111–5) is amended by striking ‘‘the 
date 12 months after the date of enactment of this Act’’ 
and inserting ‘‘September 30, 2011’’. 
SEC. 525. REDUCED DOCUMENTATION FOR BUSINESS STA-
BILIZATION LOANS. 
Section 506(a) of title V of division A of the Amer-
ican Recovery and Reinvestment Act of 2009 (Public Law 
VerDate Mar 15 2010 
00:35 Jun 18, 2010
Jkt 089200
PO 00000
Frm 00036
Fmt 6652
Sfmt 6201
E:\BILLS\H5554.IH
H5554
tjames on DSKG8SOYB1PROD with BILLS
111–5) is amended by adding at the end the following: 
‘‘The Administrator shall give priority under such pro-
gram to small business concerns in a city with an unem-
ployment rate that is at least 125 percent of the unem-
ployment rate of the State that includes such city. In car-
rying out such program, the Administrator shall establish 
and utilize a one-page application for loans under this sec-
tion and shall authorize lenders to utilize the same docu-
mentation and procedural requirements for loans under 
this section as such lenders utilize for other loans of a 
similar size and type.’’. 
SEC. 526. EXPANDED ELIGIBILITY FOR BUSINESS STA-
BILIZATION LOANS. 
Section 506(c) of title V of division A of the American 
Recovery and Reinvestment Act of 2009 (Public Law 111– 
5) is amended by striking ‘‘but shall not include’’ and all 
that follows through ‘‘enactment of this Act’’. 
SEC. 527. INCREASED AMOUNT OF BUSINESS STABILIZA-
TION LOANS. 
Section 506(d) of title V of division A of the Amer-
ican Recovery and Reinvestment Act of 2009 (Public Law 
111–5) is amended by striking ‘‘$35,000’’ and inserting 
‘‘$50,000 (except as provided under subsection (l))’’. 
VerDate Mar 15 2010 
00:35 Jun 18, 2010
Jkt 089200
PO 00000
Frm 00037
Fmt 6652
Sfmt 6201
E:\BILLS\H5554.IH
H5554
tjames on DSKG8SOYB1PROD with BILLS
SEC. 528. EXTENSION OF BUSINESS STABILIZATION LOANS. 
Section 506(j) of title V of division A of the American 
Recovery and Reinvestment Act of 2009 (Public Law 111– 
5) is amended by striking ‘‘September 30, 2010’’ and in-
serting ‘‘September 30, 2011’’. 
SEC. 529. STUDY AND REPORT ON BUSINESS STABILIZA-
TION LOANS. 
(a) STUDY.—The Administrator of the Small Busi-
ness Administration shall conduct a study on the business 
stabilization program established under section 506 of 
title V of division A of the American Recovery and Rein-
vestment Act of 2009 (Public Law 111–5), including— 
(1) how the program has been implemented; 
(2) the amount of time involved in processing 
applications; 
(3) the volume of applications received and the 
effect on application processing; 
(4) impediments to participation in the program 
by small business concerns and lenders; 
(5) courses of action that might expedite action 
by the Administrator on applications; 
(6) courses of action that might expand partici-
pation by such concerns and lenders; and 
(7) a cost benefit analysis with regard to 
changes to the program, including— 
(A) increases in loan limits; 
VerDate Mar 15 2010 
00:35 Jun 18, 2010
Jkt 089200
PO 00000
Frm 00038
Fmt 6652
Sfmt 6201
E:\BILLS\H5554.IH
H5554
tjames on DSKG8SOYB1PROD with BILLS
(B) expanding eligibility requirements; 
(C) changes to interest rates to lenders; 
and 
(D) any other change the Administrator 
determines appropriate. 
(b) REPORT.—Not later than 90 days after the date 
of enactment of this Act, the Administrator of the Small 
Business Administration shall submit to Congress a report 
that includes— 
(1) the results of the study under subsection 
(a); and 
(2) recommendations on how to change the pro-
gram— 
(A) to expand participation by small busi-
ness concerns and lenders; and 
(B) to decrease the amount of time in-
volved in processing applications. 
(c) OUTREACH.—In conducting the study under sub-
section (a) and preparing the report under subsection (b), 
the Administrator of the Small Business Administration 
shall meet with and solicit the views of relevant stake-
holders, including lenders. 
VerDate Mar 15 2010 
00:35 Jun 18, 2010
Jkt 089200
PO 00000
Frm 00039
Fmt 6652
Sfmt 6201
E:\BILLS\H5554.IH
H5554
tjames on DSKG8SOYB1PROD with BILLS