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Remote Recreational Small Business Interruption Program Act

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

Official summary

Version 00 · Introduced in Senate · Sep 10, 2020

Remote Recreational Small Business Interruption Program Act

This bill requires the Small Business Administration (SBA) to establish a program to make forgivable loans to certain remote recreational businesses that are impacted by border closures due to COVID-19 (i.e., coronavirus disease 2019).

Eligible remote recreational businesses must (1) have experienced a loss in revenue that is greater than 50% between March 1, 2020, and July 1, 2020, as compared with the same period in the previous year; and (2) show that the closure of the U.S.-Canada border restricted the ability of American customers to access the location of such businesses.

The maximum loan amount shall be equal to 75% of the business's FY2019 revenue, and the SBA shall forgive 100% of the value of such loan, less the amount the borrower received from (1) any other loan forgiveness program, or (2) any emergency advance under the economic impact disaster loan program.

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Who introduced it

Sen. Smith, Tina [D-MN] · D–MN

Committees

  • Small Business and Entrepreneurship Committee
2 cosponsorship records, including any withdrawals

Actions

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

  2. Introduced in Senate

Bill text & related measures

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Related bills identified by Congress.gov

Source last updated: Sep 8, 2026. Consult Congress.gov for the current record.

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