A bill to repeal the sunset for collateral requirements for Small Business Administration disaster loans.

United States117th CongressS-4299Senate
Updated: May 24, 2022

Summary

This bill makes permanent the increase from $14,000 to $25,000 the minimum disaster loan amount for which the Small Business Administration may require collateral. Under current law, this increase is set to expire on November 25, 2022.

Bill texts

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Introduced (Senate)View official text

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Timeline

  1. Read twice and referred to the Committee on Small Business and Entrepreneurship.

    Senate

  2. Introduced in Senate

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