Child Care for Small Businesses Act

HR 10115 creates new Small Business Administration loan programs specifically for nonprofit child care centers meeting defined criteria (like 501(c)(3) status, state licensing, and non-discrimination policies). The bill allows these centers to access 7(a) and 504 loans with simplified guarantee requirements for loans under $500,000, while protecting religious activities under the First Amendment. It also mandates business assistance through small business development centers and women’s business centers, including tailored workshops on planning and operations. The legislation requires annual reports to Congress on loan distribution and establishes a resource guide for child care providers.