S 4299
A bill to repeal the sunset for collateral requirements for Small Business Administration disaster loans.
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- Passed Senate
- Passed House
- To President
- Became Law
Bill overview
This bill makes permanent the increase from $14,000 to $25,000 the minimum disaster loan amount for which the Small Business Administration may require collateral. Under current law, this increase is set to expire on November 25, 2022.
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