HR. 1021In Committee
Small Business Disaster Damage Fairness Act of 2025
Increases the collateral threshold for SBA disaster loans and requires review and rural-specific outreach for disaster loan access
Plain-English overview
What this bill does
Increases the collateral threshold for SBA disaster loans and requires review and rural-specific outreach for disaster loan access
Key points
- Require GAO loan performance report
- Direct rural disaster loan outreach
- Increase disaster loan collateral threshold
Current status
Where it stands
Status
In Committee
Latest action
2025-02-05 — Referred to the House Committee on Small Business.
Related context
Topics and policy areas
undefinedCommerce