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Committee approves raising CETA loan approval limit to $100,000 for small businesses
Fiscal Affairs Committee · February 10, 2026
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Summary
The Fiscal Affairs Committee voted to amend Senate Bill 24-25, increasing the per-applicant loan/guarantee threshold from the current statutory $25,000 to $100,000 and passed the measure as amended, citing small-business needs amid higher costs.
Committee members debated Senate Bill 24-25, which would raise the threshold at which the board of directors may authorize the executive director to approve loans or loan guarantees for small businesses. The current statute sets a…
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