Protecting Access to Credit for Small Businesses Act
This bill prohibits the Small Business Administration from directly making a loan under the 7(a) Program, which authorizes loans and loan guaranties to small businesses that meet certain requirements.
To prohibit the Administrator of the Small Business Administration from 
   directly making loans under the 7(a) loan program, and for other 
                               purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Protecting Access to Credit for 
Small Businesses Act''.

SEC. 2. PROHIBITION ON DIRECT 7(A) LOANS.

    (a) In General.--Notwithstanding any provision of subsection (a) of 
section 7 of the Small Business Act (15 U.S.C. 636(a)), the 
Administrator of the Small Business Administration may not directly 
make a loan pursuant to such subsection.
    (b) Existing Loans.--The Administrator of the Small Business 
Administration shall service a direct loan made under section 7(a) of 
the Small Business Act (15 U.S.C. 636(b)) if such loan was made before 
the date of the enactment of this Act.
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Protecting Access to Credit for Small Businesses Act
A bill to prohibit the Administrator of the Small Business Administration from directly making loans under the 7(a) loan program, and for other purposes.
Protecting Access to Credit for Small Businesses Act
Sen. Scott, Tim