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To establish a standard interest rate under programs for economic injury disaster loans, and for other purposes.

USA116th CongressHR-6346| House 
| Updated: 3/23/2020
Ruben Gallego

Ruben Gallego

Democratic Representative

Arizona

Small Business Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
This bill sets the interest rate on a disaster loan issued by the Small Business Administration at the lesser of the interest rate that is (1) otherwise chargeable under the economic injury disaster loan program, or (2) payable on the most-recently issued U.S. ten-year Treasury note.
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Timeline
Mar 23, 2020
Introduced in House
Mar 23, 2020
Referred to the House Committee on Small Business.
  • March 23, 2020
    Introduced in House


  • March 23, 2020
    Referred to the House Committee on Small Business.

Commerce

Economic performance and conditionsGovernment lending and loan guaranteesInterest, dividends, interest rates

To establish a standard interest rate under programs for economic injury disaster loans, and for other purposes.

USA116th CongressHR-6346| House 
| Updated: 3/23/2020
This bill sets the interest rate on a disaster loan issued by the Small Business Administration at the lesser of the interest rate that is (1) otherwise chargeable under the economic injury disaster loan program, or (2) payable on the most-recently issued U.S. ten-year Treasury note.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Mar 23, 2020
Introduced in House
Mar 23, 2020
Referred to the House Committee on Small Business.
  • March 23, 2020
    Introduced in House


  • March 23, 2020
    Referred to the House Committee on Small Business.
Ruben Gallego

Ruben Gallego

Democratic Representative

Arizona

Small Business Committee

Commerce

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Economic performance and conditionsGovernment lending and loan guaranteesInterest, dividends, interest rates