Small Business Administration Reauthorization and Amendments Act of 1994

TABLE OF CONTENTS: Title I: Authorizations Title II: Financial Assistance Programs Title III: Size Standards and Bond Guarantees Title IV: Business Development Assistance Subtitle A: General Provisions Subtitle B: Development of Woman-Owned Businesses Title V: Relief from Debenture Prepayment Penalties Title VI: Miscellaneous Amendments Small Business Administration Reauthorization and Amendments Act of 1994 - Title I: Authorization s - Amends the Small Business Act (the Act) to extend through FY 1997 the authorization of appropriations for small business program loans and for programs of the Small Business Investment Act of 1958. Provides program level funding within each such fiscal year. Title II: Financial Assistance Programs - Authorizes the Administrator of the Small Business Administration (SBA), in lieu of making loans to intermediaries under the Microloan Demonstration Program (Program), to participate on a pilot program basis during FY 1995 through 1997 on a deferred basis of at least 90 and up to 100 percent on loans made to intermediaries by a profit or nonprofit entity or by an alliance of such entities, subject to specified loan conditions. Authorizes agencies or nonprofit entities established by a Native American tribal government to be Microloan intermediaries. Extends the Program through FY 1996. (Sec. 204) Increases the authorized number of microloan programs (to 200) and per State funding limits under the Program. Directs the SBA, in approving Program applicants, to select such intermediaries that will further microloan availability for small businesses in all industries throughout each State, but especially those located in urban and rural areas. (Sec. 206) Increases from $1.25 million to $2.5 million the loan limit after the first year for participating intermediaries under the Program. Allows each intermediary to expend up to 15 percent of grant funds to provide information and technical assistance to small businesses that are prospective borrowers under the Program. Provides technical assistance grants for intermediaries providing loans to small businesses located in economically distressed areas. (Sec. 209) Authorizes the SBA to provide extensions of credit and other financing to enable small business concerns, including export concerns, to develop foreign markets. Increases loan limits with respect to working capital international trade loans. (Sec. 212) Amends the Business Investment Act of 1958 to authorize the SBA to establish an Accredited Lenders Program for qualified State and local business development companies that meet specified requirements, including active participation in the Development Company Program authorized under such Act. Provides for: (1) the expedited processing of loan applications; (2) the suspension or revocation of designation as a qualified development company; (3) necessary regulations; and (4) required biennial reports from the Administrator to the congressional small business committees. (Sec. 213) Amends the Small Business Administration Reauthorization and Amendment Act of 1988 to repeal a provision limiting the interest rate authorized to be charged on certified development company loans. (Sec. 214) Amends the Small Business Investment Act of 1958 to: (1) require certification by a small business receiving assistance from a small business investment company that it meets the eligibility requirements of the Small Business Investment Company or Specialized Small Business Investment Company Program; and (2) reserve 50 percent of the annual program level of participating securities for small business investment companies to fund companies with private capital of less than $20 million. (Sec. 216) Requires a report from the SBA to the small business committees on the status and disposition of all small business investment companies participating in the Small Business Investment Company Program of the Small Business Investment Act of 1958. (Sec. 217) Authorizes the SBA Administrator to establish a Premier Certified Lenders Program for not more than 15 certified development companies (CDCs) which meet requirements of this section. Authorizes the SBA to designate a CDC as a premier certified lender if such company: (1) has been an active participant in the accredited lenders program for at least the last 12 months (authorizes a waiver of such requirement prior to January 1, 1996, if the applicant is qualified to participate in such program); (2) has a history of submitting adequately analyzed debenture guarantee application packages to the SBA; and (3) agrees to assume and reimburse the SBA for ten percent of any loss sustained on account of default by the company in the payment of principal and interest on a debenture issued by the company and guaranteed by the SBA. Requires companies so designated to establish a loss reserve for financings approved under this section. Empowers such certified lenders with loan approval authority under terms and conditions established by the SBA, subject to SBA review. Provides for suspension or revocation of such designation in appropriate circumstances. Requires annual reports on the implementation of this section. Terminates this section as of October 1, 1997. Title III: Size Standards and Bond Guarantees - Amends the Act to provide additional criteria to determine whether a business may be considered a small business for purposes of that or any other Act. (Sec. 302) Amends the Small Business Administration Reauthorization and Amendment Act of 1988 to extend through FY 1995 the preferred surety bond guarantee program. (Sec. 303) Directs the SBA to promote the award of Federal manufacturing contracts to small businesses that participate in manufacturing application and education centers by working with the Department of Commerce and other agencies to identify components and subsystems that are both critical and currently foreign-sourced. Outlines qualifications. Terminates the SBA's authority as of September 30, 1997. Authorizes appropriations. (Sec. 304) Directs the Administrator to establish and carry out a pilot program to provide improved access to Federal contract opportunities for very small businesses (businesses with 15 or fewer employees and gross annual receipts of $1 million or less). Directs the Administrator to establish a preauthorization program for such businesses for the purpose of receiving financial assistance under the Act. Requires a report to the Congress. Requires program implementation by August 30, 1995, and termination by September 30, 1998. (Sec. 305) Amends the Act to allow public or private organizations for the handicapped to participate during FY 1995 in small business set-aside contracts under the Act in an aggregate amount not to exceed $40 million. Title IV: Business Development Assistance - Subtitle A: General Provisions - Repeals specified amendments made under the Small Business Computer Security and Education Act of 1984 which authorize assistance to small businesses by the SBA through cooperation with a profit-making concern, with conditions. (Sec. 402) Amends provisions concerning the Small Business Development Center (SBDC) Program to: (1) require matching funds provided by non-Federal sources under the program to be comprised of not less than 50 percent cash and not more than 50 percent in-kind contributions; (2) provide FY 1995 grant limits for each State recipient; (3) allow an SBDC to contract with a Federal department or agency to provide specific assistance to small businesses (requiring certain contract approval under specified criteria); and (4) require the SBA to develop and implement a biennial programmatic and financial examination of each SBDC established. (Sec. 405) Extends through FY 1995 the authorization of appropriations for the Central European enterprise development program. (Sec. 406) Authorizes the Administrator to carry out a mobile resources pilot program to provide technical assistance, information, and other services from the SBA to traditionally underserved populations. Requires a report. Authorizes appropriations. (Sec. 407) Requires information concerning the benefits and risks of franchising to be included among information provided to small business. Subtitle B: Development of Woman-Owned Businesses - Amends the Act to: (1) extend through October 1, 1997, the provision of financial assistance for the conduct of demonstration projects for the benefit of small businesses owned and controlled by women; and (2) establish within the SBA an Office of Women's Business Ownership to be responsible for the administration of SBA programs for the development of women's business enterprises. (Sec. 413) Establishes the Interagency Committee on Women's Business Enterprise to monitor, coordinate, and promote the plans, programs, and operations of Federal departments and agencies that may contribute to the establishment and growth of women's business enterprise. Requires Committee meetings at least biannually. Requires appropriate consultation with the National Women's Business Council (established under this section). Requires annual Committee reports to the President and the small business committees. Establishes the National Women's Business Council to advise and consult with the Committee on matters relating to Committee activities, functions, and policies. Directs the President to appoint an individual to serve as chairperson of the Council, in consultation with the Administrator. Authorizes appropriations through FY 1997 to carry out this subtitle. Provides: (1) transitional reimbursement for interim salaries and expenses of Council members and staff; and (2) authority to accept gifts for activities authorized under the Women's Business Ownership Act of 1988. Title V: Relief from Debenture Prepayment Penalties - Small Business Prepayment Penalty Relief Act of 1994 - Amends the Small Business Investment Act of 1958 to authorize an issuer of a debenture purchased by the Federal Financing Bank and guaranteed by the SBA to prepay such debenture at the election of the borrower whose loan secures such debenture (or the issuer in the case of a small business investment company), and with SBA approval. Provides prepayment procedures and terms. Prohibits the imposition of prepayment fees or penalties. Provides debenture refinancing limitations, allowing a loan processing fee for such refinancing. Authorizes the issuance of new debentures in order to prepay existing debentures, as long as certain notice requirements are met. Authorizes appropriations. Title VI: Miscellaneous Amendments - Amends the Act to require the SBA to deposit annually into the Treasury the actual interest collected during that fiscal year on all financings made under the Act. (Sec. 602) Empowers the SBA to impose, retain, and use fees which are specifically authorized by law or which are in effect as of September 30, 1994. Allows for the collection of certain additional fees. (Sec. 603) Directs the SBA to develop procedures to ensure that financial assistance is used for projects which have the greatest potential for: (1) creating new jobs for individuals whose employment is involuntarily terminated due to reduction in defense expenditures; or (2) preventing the loss of jobs by employees of small businesses affected by such reductions. (Sec. 604) Requires the SBA to transfer seven percent of its annual appropriations for loan guarantees (currently, only loans) in order to provide technical assistance grants to microlending organizations. (Sec. 606) Directs the SBA Administrator to conduct a study of: (1) the Guaranteed Business Loan program under the Act; and (2) the Development Company program under the Small Business Investment Act of 1958. Requires an evaluation of each such program. Requires study completion by the end of FY 1995. (Sec. 607) Requires vendors to be selected under small business innovation research programs using competitive, merit-based procedures and to serve a three-year term. (Sec. 608) Amends the Business Opportunity Development Reform Act of 1988 to extend through FY 1997 the authority for joint ventures to provide assistance to disadvantaged small business concerns. (Sec. 609) Prohibits funds made available under the Act from being used to provide benefits or assistance to individuals not lawfully within the United States. (Sec. 610) Allows the SBA's Office of Advocacy to: (1) hire staff without consultation and approval from the SBA Administrator; and (2) hire up to 14 (currently, 10) individuals. (Sec. 611) Prohibits the SBA from providing any financial or other assistance to a business or person engaged in the production or distribution of a product or service that has been determined by a court to be obscene. (Sec. 612) Requires each applicant for financial assistance under the Act to certify that he or she is not more than 60 days delinquent under any child support obligations. Provides enforcement procedures. (Sec. 613) Directs the SBA's Chief Counsel for Advocacy to study and report to the Congress on the impact of Federal regulatory paperwork and tax requirements on small businesses.

TABLE OF CONTENTS: Title I: Authorizations Title II: Financial Assistance Programs Title III: Size Standards and Bond Guarantees Title IV: Management Assistance Title V: Relief from FFB Debenture Prepayment Penalties Title VI: Development of Women-Owned Businesses Title VII: Miscellaneous Amendments Small Business Reauthorization and Amendment Act of 1994 - Title I: Authorizations - Amends the Small Business Act to authorize appropriations for specified programs under such Act and the Small Business Investment Act of 1958. Title II: Financial Assistance Programs - Revises provisions regarding the microloan program to authorize the Small Business Administration (SBA), during FY 1995 through 1997 and in lieu of making direct loans to intermediaries, to participate on a deferred basis of up to 100 percent on loans made to intermediaries by for-profit or non-profit entities. Limits financing on a deferred basis to ten intermediaries in urban and rural areas, respectively, per year. Limits loans to ten-year terms. (Sec. 202) Repeals specified State limitations with respect to the microloan demonstration program. (Sec. 203) Increases to 240 the number of microloan demonstration programs authorized to be funded by the SBA. (Sec. 206) Removes a limitation on the term of financing provided to enable small businesses to develop foreign markets. (Sec. 209) Amends the Small Business Investment Act of 1958 to authorize SBA to establish an Accredited Lenders Program for qualified State and local development companies that: (1) have been active participants in the development company program for at least the last 12 months; (2) have qualified personnel who are knowledgeable in SBA's lending policies and procedures for such program; (3) have the ability to process, close, and service financing for plant and equipment; (4) have a loss rate on their debentures that is acceptable to the SBA; (5) have a history of submitting complete and accurate debenture guarantee application packages; and (6) have demonstrated the ability to serve small business credit needs for financing plant and equipment. Requires the SBA to expedite the processing of loan applications or servicing actions submitted by a qualified State or local development company that has been designated as an accredited lender. Suspends or revokes such designations for failures to meet the eligibility criteria or for violations of SBA regulations. (Sec. 210) Authorizes the SBA to establish a Premier Lenders Program for certified development companies which meet requirements of this section. Authorizes the SBA to designate a participant in the accredited lenders program as a premier lender if such company: (1) has been an active participant in the accredited lenders program for at least the last 12 months (authorizes a waiver of such requirement prior to January 1, 1996, if the applicant is qualified to participate in the program); (2) has a history of submitting adequately analyzed debenture guarantee application packages to the SBA; and (3) agrees to assume and reimburse the SBA for five percent of any loss substained on account of default by the company in the payment on a debenture issued by the company and guaranteed by the SBA. Authorizes the SBA, upon designation of a company as a premier lender, to permit a lender to approve loans to be funded with the proceeds of and to authorize the guarantee of a debenture issued by such company. Suspends or revokes designations of State or local development companies as premier lenders for failures to meet this section's requirements or SBA regulations. (Sec. 211) Directs the SBA Administrator to appoint an Investment Advisory Council for the Specialized Small Business Investment Company Program. Requires the Council to report on the venture capital needs of socially or economically disadvantaged small business concerns and needed Federal incentives to assist the private sector in meeting such needs. (Sec. 212) Reserves 50 percent of the annual program level of participating securities for funding small business investment companies (SBICs) with private capital of less than $20 million. (Sec. 213) Directs the SBA to report on the status and disposition of SBICs and provide a complete accounting of their assets, loss rates, and valuation of the SBIC program investments. Title III: Size Standards and Bond Guarantees - Revises size standard criteria for purposes of determining whether a business is a small business concern. (Sec. 303) Extends the SBA's authority to authorize sureties to issue, monitor, and service bonds subject to the SBA's guarantee until September 30, 1997. (Sec. 304) Requires the SBA to carry out a pilot program to provide procurement opportunities to very small business concerns. Title IV: Management Assistance - Authorizes Small Business Development Centers to enter into contracts with Federal agencies to provide specific assistance to small business concerns if the contract is approved in advance by the Deputy Associate Administrator of the Small Business Development Center program. (Sec. 404) Extends the authorization of appropriations for the Central European enterprise development program. (Sec. 405) Authorizes the Administrator to carry out a mobile resource pilot program to use vehicles to provide technical assistance and other services to traditionally underserved populations. Authorizes appropriations. Title V: Relief from FFB Debenture Prepayment Penalties - Small Business Prepayment Penalty Relief Act of 1994 - Authorizes the SBA, upon the request of the issuer and the concurrence of the borrower, to transfer to the Federal Financing Bank such sums as necessary to reduce the interest rate on a debenture issued by a certified development company. Requires the Bank, upon receipt of such payment, to modify the interest rate for such debentures. Permits debentures authorized under provisions of the Small Business Investment Act of 1958 regarding private debenture sales and pooling to be used to refinance debentures issued by State or local development companies if the amount of the new financing is limited to amounts necessary to repay the existing debenture, including any prepayment penalty imposed by the Bank. (Sec. 503) Authorizes the SBA, upon the request of the issuer, to transfer to the Bank such sums as necessary to reduce the interest rate on a debenture issued by a SBIC under title III of such Act. Requires the Bank, upon receipt of such payment, to modify the interest rate for such debentures. (Sec. 504) Authorizes the SBA, upon the request of the issuer, to modify the interest rate on a debenture issued by an SBIC financing disadvantaged small business concerns. (Sec. 505) Requires the SBA, upon enactment of an appropriations Act providing funds to carry out this Act, to evaluate the outstanding portfolio of debentures which are eligible for interest rate relief under this Act. Authorizes appropriations. Title VI: Development of Women-Owned Businesses - Amends the Women's Business Ownership Act of 1988 to establish an Interagency Committee on Women's Business Enterprise. (Sec. 606) Extends the SBA's authority to provide financial assistance to women's small business demonstration projects. (Sec. 607) Establishes an Office of Women's Business Ownership within the SBA. (Sec. 609) Authorizes appropriations for the development of women's business enterprises. Title VII: Miscellaneous Amendments - Permits small business contracts awarded to the handicapped to be extended for up to two additional years. (Sec. 705) Authorizes the Administrator to carry out a manufacturing modernization pilot program for promoting the award of Federal procurement contracts to small business concerns that participate in certified manufacturing application and education centers. Authorizes appropriations. (Sec. 706) Denies small business assistance to individuals who are not lawfully within the United States. (Sec. 708) Directs the Chief Counsel for Advocacy of the SBA to study and report to the Congress on the impact of Federal regulatory paperwork and tax requirements on small business. (Sec. 709) Requires each applicant for financial assistance under the Small Business Act to certify, as a condition of receiving such assistance, that it is not in violation of any child support obligations.

TABLE OF CONTENTS: Title I: Authorizations Title II: Financial Assistance Programs Title III: Size Standards and Bond Guarantees Title IV: Business Development Assistance Subtitle A: General Provisions Subtitle B: Development of Woman-Owned Businesses Title V: Relief from Debenture Prepayment Penalties Title VI: Miscellaneous Amendments Small Business Administration Reauthorization and Amendment Act of 1994 - Title I: Authorization - Amends the Small Business Act (the Act) to extend through FY 1997 the authorization of appropriations for small business program loans and for programs of the Small Business Investment Act of 1958. Provides program level funding within each such fiscal year for such programs. Title II: Financial Assistance Programs - Authorizes the Administrator of the Small Business Administration (SBA), in lieu of making loans to intermediaries under the Microloan Demonstration Program (Program), to participate on a pilot program basis during FY 1995 through 1997 on a deferred basis of at least 90 and up to 100 percent on loans made to intermediaries by a profit or nonprofit entity or by an alliance of such entities, subject to specified loan conditions. Authorizes agencies or nonprofit entities established by a Native American tribal government to be Microloan intermediaries. Extends the Program through FY 1997. (Sec. 204) Increases the authorized number (from 25 to 50) and amounts (from $125,000 to $150,000) of private sector borrowing technical assistance grants offered under the Program. Directs the SBA, in approving Program applicants, to select such intermediaries that will further microloan availability for small businesses in all industries throughout each State, but especially those located in economically distressed urban and rural areas. (Sec. 206) Increases from $1.25 million to $2 million the loan limit after the first year for participating intermediaries under the Program. Allows each intermediary to expend up to 20 percent of grant funds to provide marketing, management, and technical assistance to small businesses that are not borrowers under the Program. Provides additional Program grant requirements and limitations. Allows a single entity to simultaneously receive one grant as a microloan intermediary and one grant as a technical assistance provider under the Program. (Sec. 210) Authorizes the SBA to provide extensions of credit and other financing to enable small business concerns, including export concerns, to develop foreign markets. Increases loan limits with respect to working capital international trade loans. (Sec. 213) Amends the Small Business Investment Act of 1958 to authorize the SBA to establish an Accredited Lenders Program for qualified State and local business development companies that meet specified requirements, including active participation in the Development Company Program authorized under such Act. Provides for: (1) the expedited processing of loan applications; (2) the suspension or revocation of designation as a qualified development company; (3) necessary regulations; and (4) an implementation report from the Administrator to the congressional small business committees. (Sec. 214) Amends the Small Business Administration Reauthorization and Amendment Act of 1988 to repeal a provision limiting the interest rate authorized to be charged on certified development company loans. (Sec. 215) Amends the Small Business Investment Act of 1958 to: (1) require certification by a small business receiving assistance from a small business investment company that it meets the eligibility requirements of the Small Business Investment Company or Specialized Small Business Investment Company Program; and (2) reserve 50 percent of the annual program level of smaller participating securities for small business investment companies to fund companies with private capital of less than $20 million. Title III: Size Standards and Bond Guarantees - Amends the Act to provide additional criteria to determine whether a business may be considered a small business for purposes of that or any other Act. (Sec. 302) Amends the Small Business Administration Reauthorization and Amendment Act of 1988 to extend through FY 1995 the preferred surety bond guarantee program. (Sec. 303) Directs the SBA to promote the award of Federal manufacturing contracts to small businesses that participate in manufacturing application and education centers by working with the Department of Commerce and other agencies to identify components and subsystems that are both critical and currently foreign-sourced. Outlines qualifications. Terminates the SBA's authority as of September 30, 1997. Title IV: Business Development Assistance - Subtitle A: General Provisions - Repeals specified amendments made under the Small Business Computer Security and Education Act of 1984 which authorize assistance to small businesses by the SBA through cooperation with a profit-making concern, with conditions. (Sec. 402) Amends provisions concerning the Small Business Development Center (SBDC) Program to: (1) require matching funds provided by non-Federal sources under the program to be comprised of not less than 50 percent cash and not more than 50 percent in-kind contributions; (2) provide FY 1995 grant limits for each recipient; (3) allow an SBDC to contract with a Federal department or agency to provide specific assistance to small businesses (requiring certain contract approval under specified criteria); and (4) require the SBA to develop and implement a biannual programmatic and financial examination of each SBDC established. (Sec. 405) Directs the SBA Administrator to encourage the Service Corps of Retired Executives to consult and work in conjunction with the Corporation for National and Community Service and the Points of Light Foundation established under the National and Community Services Act of 1990. (Sec. 406) Requires information concerning the benefits and risks of franchising to be included among information provided to small businesses. Subtitle B: Development of Woman-Owed Businesses - Amends the Act to: (1) extend through October 1, 1997, the provision of financial assistance for the conduct of demonstration projects for the benefit of small businesses owned and controlled by women; and (2) establish within the SBA an Office of Women's Business Ownership to be responsible for the administration of SBA programs for the development of women's business enterprises. (Sec. 413) Establishes the National Commission on Women in Business to review, promote, coordinate, monitor, and act appropriately upon plans, programs, studies, and assessments of women currently in business as well as opportunities for women to establish businesses. Requires a report from the Commission to the President and the small business committees. Provides administrative provisions, including provisions concerning the appointment of an Executive Director. Authorizes appropriations for FY 1995 through 1997. Terminates Commission authority on November 30, 1996. Title V: Relief from Debenture Prepayment Penalties - Small Business Prepayment Penalty Relief Act of 1994 - Amends the Small Business Investment Act of 1958 to authorize an issuer of a debenture purchased by the Federal Financing Bank and guaranteed by the SBA to prepay such debenture at the election of the borrower whose loan secures such debenture and with SBA approval. Provides prepayment procedures and terms. Prohibits the imposition of prepayment fees or penalties. Provides debenture refinancing limitations, allowing a loan processing fee for such refinancing. Title VI: Miscellaneous Amendments - Amends the Act to establish in the Treasury the Loan Liquidation Fund and requires certain amounts received by the SBA under the Act and the Small Business Investment Act of 1958 to be deposited into the Fund. Requires: (1) an annual Fund status report; and (2) payment to the Treasury of interest received by the SBA during the preceding fiscal year on all financing made under the authority of the Act. (Sec. 602) Empowers the SBA to impose, retain, and use fees which are specifically authorized by law or are in effect as of September 30, 1994. Allows for the collection of certain additional fees. (Sec. 603) Directs the SBA to develop procedures to ensure that financial assistance is used for projects which have the greatest potential for: (1) creating new jobs for individuals whose employment is involuntarily terminated due to reduction in defense expenditures; or (2) preventing the loss of jobs by employees of small businesses affected by such reductions. (Sec. 604) Requires the SBA to transfer seven percent of its annual appropriations for loan guarantees (currently, only loans) in order to provide technical assistance grants to microlending organizations. (Sec. 606) Amends the Small Business Credit Enhancement Act of 1993 to change to November 1, 1994, the due date for a report by the SBA Administrator concerning the effect of amendments made under such Act on the ability of small and minority small businesses to obtain credit as well as their impact on the secondary market. (Sec. 607) Directs the SBA Administrator to conduct a study of: (1) the Guaranteed Business Loan program under the Act; and (2) the Development Company program under the Small Business Investment Act of 1958. Requires an evaluation of each such program. Requires study completion by the end of FY 1995. (Sec. 608) Requires vendors to be selected under small business innovation research programs using competitive, merit-based procedures and to serve a three-year term. (Sec. 609) Amends the Business Opportunity Development Reform Act of 1988 to extend through FY 1995 the authority for joint ventures to provide assistance to disadvantaged small business concerns. (Sec. 610) Prohibits funds made available under the Act from being used to provide benefits or assistance to individuals not lawfully within the United States. (Sec. 611) Allows the SBA's Office of Advocacy to: (1) hire staff without consultation and approval from the SBA Administrator; and (2) hire up to 14 (currently, 10) individuals. (Sec. 612) Prohibits the SBA from providing any financing or other assistance to a business or person engaged in the production or distribution of an obscene product or service. (Sec. 613) Requires each applicant for financial assistance under the Act to certify compliance, if applicable, with any child support obligations. Provides enforcement procedures.

Small Business Administration Amendments of 1994 - Title I: Amends the Small Business Act (the Act) to: (1) allow the Administrator of the Small Business Administration (SBA), under the microloan demonstration program, to make up to 100 percent deferred participation loans to ten small business intermediaries located in urban areas and ten intermediaries located in rural areas;(2) revise the authorized number of microloan programs for fiscal years after 1992; (3) increase from $1.5 to $5 million the annual microloan limits to a State; (4) increase from $1.25 to $1.75 million the total outstanding loan limit authorized for each intermediary; and (5) revise microloan repayment requirements. Title II: Revises provisions concerning the participatory amount of the SBA in small business loans provided on a deferred basis. Increases from $250,000 to $750,000 the authorized outstanding loan amounts for small businesses engaged in or adversely affected by international trade. Title III: Allows the SBA Administrator to inventory the productive facilities and capacities of business (currently, only small businesses) as part of a business loan process. Title IV: Establishes within the SBA an Office of Women's Business Ownership to administer the women's demonstration projects (projects providing financial assistance to businesses owned and controlled by women) created under the Act. Title V: Amends the Act and the Small Business Investment Act to provide that the authority of the SBA to make loans under such Acts shall remain available until expressly repealed. (Sec. 503) Removes a six-month limitation on the payment of transportation expenses of SBA employees in connection with any disaster loan assistance. (Sec. 505) Establishes in the Treasury one Loan Liquidation Fund, replacing various revolving funds, a disaster loan fund, and a business and investment loan fund under the Act. Provides for repayment of all such loans to the Fund. Requires a report from the SBA Administrator to specified congressional committees concerning Fund activities. (Sec. 507) Authorizes the SBA Administrator to specify detailed definitions or standards by which a business shall be recognized as a small business for purposes of the Act, with certain requirements such as an opportunity for public hearing. (Sec. 508) Empowers the SBA Administrator to impose reasonable fees in connection with assistance provided and information compiled and disseminated under the Act and the Small Business Investment Act. Title VI: Authorizes specified program funding levels for FY 1995 through 1997 for loans and other programs, as well as salaries and expenses, as provided or required under the Act and the Small Business Investment Act.