S. 397In Committee
Small Business Disaster Damage Fairness Act of 2025
Increases the disaster loan amount that can require SBA collateral and adds oversight and rural outreach requirements for small business disaster loans
Plain-English overview
What this bill does
Increases the disaster loan amount that can require SBA collateral and adds oversight and rural outreach requirements for small business disaster loans
Key points
- Require GAO loan report
- Direct rural outreach changes
- Increase collateral threshold
Current status
Where it stands
Status
In Committee
Latest action
2025-02-04 — Read twice and referred to the Committee on Small Business and Entrepreneurship.
Related context
Topics and policy areas
undefinedCommerce