H.R. 1044 · 110th Congress
Small Business Disaster Response and Loan Improvements Act of 2007
- Stage
- In committee
- Sponsor
- Richard Baker
- Introduced
- 2007-02-14
- Latest action
- 2007-02-14 · Introduced in House
Summary
Small Business Disaster Response and Loan Improvements Act of 2007 - Amends the Small Business Act to authorize the Administrator of the Small Business Administration (SBA) to: (1) guarantee the payment of principal and interest on private lender loans to small businesses located in a disaster area; and (2) make disaster loans to private nonprofit organizations located or operating in a disaster area. Increases disaster loan caps.