HOUSERoll Call 147 · Jun 3, 2025, 10:58 PMpassage-suspension

On Motion to Suspend the Rules and Pass: H R 1804 7(a) Loan Agent Oversight Act

H.R. 1804
405YEA3NAY
Passed
H.R. 1804Required: 2/3Source →
CRS SUMMARY PREVIEW

This bill requires the Small Business Administration (SBA) to submit an annual report containing specified information related to 7(a) loan agents. These agents provide fee-based referral and loan application services related to the SBA's 7(a) Program. Under the 7(a) Program, the SBA provides loans and loan guarantees to small business borrowers who cannot obtain credit elsewhere on reasonable terms and conditions. The required report must include (1) the number and type of agents assisting applicants for 7(a) loans, (2) the number of fraudulent loans made for which an applicant used the services of a 7(a) agent, (3) the purchase rate of loans for which an applicant used the services of a 7(a) agent, and (4) the number and aggregate dollar value of referral fees paid to 7(a) agents.

VOTE VISUALIZATION

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D — YEA
D — NAY
R — YEA
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NOT VOTING

PARTY BREAKDOWN

Democratic99% unity
Yea: 197Nay: 1NV: 14
Republican99% unity
Yea: 208Nay: 2NV: 10

ALL VOTES (432)

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CA(52)
Not VotingDScott H. Peters
Not VotingDLateefah Simon
DE(1)
SD(1)
VT(1)