H.R. 7434 · 116th Congress
To require the Administrator of the Small Business Administration to establish the interest rate for economic injury disaster loans, and for other purposes.
- Stage
- In committee
- Sponsor
- Thomas Suozzi
- Introduced
- 2020-06-30
- Latest action
- 2020-06-30 · Introduced in House
Summary
This bill requires the Small Business Administration to establish the interest rate at 1% for any economic injury disaster loan made during the period beginning on January 31, 2020, and ending on December 31, 2020.