1. Short title This Act may be cited as the Small Business Access to Capital Act of 2017 . 2. New Tranches of capital for successful State programs Section 3003 of the Small Business Jobs Act of 2010 ( 12 U.S.C. 5702 ) is amended by adding at the end the following: (d) Additional allocation and competitive awards (1) Definitions In this subsection— (A) the term eligible participating State means a participating State that has certified to the Secretary that the State has expended, transferred, or obligated not less than 80 percent of the second 1/3 of the 2010 allocation transferred to the State under subsection (c)(1)(A)(iii); and (B) the term unused funds means— (i) amounts made available to the Secretary under clause (i)(II) or (ii)(II) of paragraph (2)(E); and (ii) amounts made available to the Secretary under paragraph (4)(B)(ii). (2) Allocation for 2010 participating States (A) Allocation Of the amount made available under paragraph (6)(D), the Secretary shall allocate a total of $500,000,000 among eligible participating States in the same ratio as funds were allocated under the 2010 allocation under subsection (b)(1) among participating States. (B) Application An eligible participating State desiring to receive funds allocated under this paragraph shall submit an application— (i) not later than the date that is 6 months after the date of enactment of the Small Business Access to Capital Act of 2017