S.4299: A bill to repeal the sunset for collateral requirements for Small Business Administration disaster loans.

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Bill 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.

(Source: Library of Congress)

Bill Actions

Date Description
May 24, 2022
Read twice and referred to the Committee on Small Business and Entrepreneurship.
May 24, 2022

Introduced in the Senate by John Kennedy (R-La.)

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