Small Business Disaster Damage Fairness Act of 2023
This bill increases from $14,000 to $25,000 the threshold loan amount over which the Small Business Administration may require collateral for a disaster loan.
The Government Accountability Office must report on the performance, including the default rate, of such loans.
Small Business Disaster Damage Fairness Act of 2023
This bill increases from $14,000 to $25,000 the threshold loan amount over which the Small Business Administration may require collateral for a disaster loan.
Reported by Senator Cardin with an amendment in the nature of a substitute. Without written report.
Reported by Senator Cardin with an amendment in the nature of a substitute. Without written report.
Ordered to be reported with an amendment in the nature of a substitute favorably.