S. 3531 · 116th Congress
Small Business Relief From Communicable Disease Induced Economic Hardship Act of 2020
- Stage
- In committee
- Sponsor
- Bob Menendez
- Introduced
- 2020-03-18
- Latest action
- 2020-03-18 · Introduced in Senate
Summary
Small Business Relief From Communicable Disease Induced Economic Hardship Act of 2020
This bill expands the definition of a disaster for which the Small Business Administration (SBA) may provide disaster loans to small business concerns to include communicable diseases for which the government issues a travel alert or travel warning, and it authorizes the SBA to make interest free disaster loans to small businesses affected by a disaster for which the government issues a public health emergency.