I 
111TH CONGRESS 
1ST SESSION H. R. 3737 
To amend the Small Business Act to improve the Microloan Program, and 
for other purposes. 
IN THE HOUSE OF REPRESENTATIVES 
OCTOBER 7, 2009 
Mr. ELLSWORTH introduced the following bill; which was referred to the 
Committee on Small Business 
A BILL 
To amend the Small Business Act to improve the Microloan 
Program, and for other purposes. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Small Business Micro-
lending Expansion Act of 2009’’. 
SEC. 2. MICROLOAN CREDIT BUILDING INITIATIVE. 
Section 7(m) of the Small Business Act (15 U.S.C. 
636(m)) is amended by adding at the end the following: 
‘‘(14) CREDIT REPORTING INFORMATION.—The 
Administrator shall establish a process, for use by 
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‘‘(C) A description of the contributions 
from non-Federal sources of each such inter-
mediary. 
‘‘(D) 
The 
number 
and 
amounts 
of 
microloans made by each such intermediary to 
all borrowers and to each of the following: 
‘‘(i) Women entrepreneurs and busi-
ness owners. 
‘‘(ii) Low-income entrepreneurs and 
business owners. 
‘‘(iii) Veteran entrepreneurs and busi-
ness owners. 
‘‘(iv) Disabled entrepreneurs and busi-
ness owners. 
‘‘(v) Minority entrepreneurs and busi-
ness owners. 
‘‘(E) A description of the marketing, man-
agement, and technical assistance provided by 
each such intermediary to all borrowers and to 
each of the following: 
‘‘(i) Women entrepreneurs and busi-
ness owners. 
‘‘(ii) Low-income entrepreneurs and 
business owners. 
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‘‘(iii) Veteran entrepreneurs and busi-
ness owners. 
‘‘(iv) Disabled entrepreneurs and busi-
ness owners. 
‘‘(v) Minority entrepreneurs and busi-
ness owners. 
‘‘(F) The number of jobs created and re-
tained as a result of microloans and marketing, 
management, and technical assistance provided 
by each such intermediary. 
‘‘(G) The repayment history of each such 
intermediary. 
‘‘(H) The number of businesses that 
achieved success after receipt of a microloan.’’. 
SEC. 9. SURPLUS INTEREST RATE SUBSIDY FOR BUSI-
NESSES. 
Section 7(m) of the Small Business Act (15 U.S.C. 
636(m)), as amended by this Act, is further amended by 
adding at the end the following: 
‘‘(16) INTEREST ASSISTANCE.— 
‘‘(A) IN GENERAL.—The Administrator is 
authorized to use amounts determined unlikely 
to be expended under subparagraph (B) to as-
sist borrowers that receive a microloan under 
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this subsection to reduce the interest paid with 
respect to such microloan. 
‘‘(B) AMOUNTS
UNLIKELY
TO
BE
EX-
PENDED.—Not later than April 1 of each fiscal 
year, the Administrator shall determine if any 
amounts made available to carry out this sub-
section for such fiscal year are unlikely to be 
expended for activities under this subsection 
other than activities under this paragraph.’’. 
SEC. 10. AUTHORIZATION OF APPROPRIATIONS. 
Section 20 of the Small Business Act (15 U.S.C. 631 
note) is amended by inserting after subsection (e) the fol-
lowing: 
‘‘(f) FISCAL YEARS 2010 AND 2011.— 
‘‘(1) PROGRAM LEVELS.—For the programs au-
thorized by this Act, the Administration is author-
ized to make during each of fiscal years 2010 and 
2011— 
‘‘(A) $80,000,000 in technical assistance 
grants, as provided in section 7(m); and 
‘‘(B) $110,000,000 in direct loans, as pro-
vided in section 7(m). 
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‘‘(2) AUTHORIZATION
OF
APPROPRIATIONS.— 
There is authorized to be appropriated such sums as 
may be necessary to carry out paragraph (1).’’. 
Æ 
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