HR. 3557In Committee
To amend the Small Business Act to waive the accrual of interest and payments for certain disaster loans for a year, and for other purposes.
Amends Small Business Act disaster loans to pause interest accrual and required payments for one year
Plain-English overview
What this bill does
Amends Small Business Act disaster loans to pause interest accrual and required payments for one year
Key points
- Amend disaster loan terms
- Waive interest accrual
- Waive loan payments
Current status
Where it stands
Status
In Committee
Latest action
2025-05-21 — Referred to the House Committee on Small Business.
Related context
Topics and policy areas
undefinedCommerce