Volume 71
Public Law 85–4
To amend the Small Business Act of 1953 to increase the amount available thereunder for business loans.
Approved February 11, 1957
Statutory text
AN ACT
To amend the Small Business Act of 1953 to increase the amount available thereunder for business loans.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
That the fifth sentence of section 204 (b) of the Small Business Act of 1953 is amended to read as follows: “Not to exceed an aggregate of $230,000,000 shall be outstanding at any one time for the purposes enumerated in section
207 (a).”
Sec. 2.
Section 204 (b) of such Act is further amended by striking out “$375,000,000” each place it appears and inserting in lieu thereof “$455,000,000”.
Approved February 11, 1957.