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
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.