Int 1350-2025
Small business loan readiness resources.
Last updated 3/27/2026·Introduced 8/14/2025
DSponsor
Lynn C. SchulmanSummary
This bill would require the Department of Small Business Services (SBS) to provide loan readiness resources to help small businesses prepare for the lending process and understand the services offered by Community Development Financial Institutions (CDFIs). These resources would include assistance with business plan development, preparation of financial documents, and understanding loan application requirements.
Committee
Committee on Small BusinessEnacted
1/17/2026
Approved by Council
47
Yea
1
Nay
3
Absent
Co-Sponsors (6)
Bill History (12)
Voting Records (51)— Approved by Council
Meetings & Hearings
4Committee on Small Business
WatchDecember 18, 2025
Hearing Held by Committee · Amendment Proposed by Comm · Amended by Committee · Approved by Committee
City Council
December 18, 2025
Approved by Council
Committee on Small Business
WatchOctober 15, 2025
Hearing Held by Committee · Laid Over by Committee
City Council
WatchAugust 14, 2025
Referred to Comm by Council