PlainBillCongress, translated.Legislation. Context. Public interest.Referred to the House Committee on Small Business.
Congressional Research Service
Version 00 · Introduced in House · Jul 27, 2006
Amends the Small Business Act to authorize the Administrator of the Small Business Administration to guarantee timely payment of principal and interest on any loan issued by a qualified private lender to an eligible small business concern located in a disaster area during the 24-month period in which it has been designated as a disaster area.
Permits such loans to be used for acquiring or developing real estate for selling or rental purposes, or to refinance any debt under this Act, or the Small Business Investment Act of 1958.
Authorizes the Administrator to establish an on-line application process for loans guaranteed under this Act.
People & committees
Rep. Baker, Richard H. [R-LA-6] · R–LA
Legislative record
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Referred to the House Committee on Small Business.
Introduced in House
Introduced in House
Primary sources
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Source last updated: Jan 2, 2025. Consult Congress.gov for the current record.
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