Posts - Bill - S 397 Small Business Disaster Damage Fairness Act of 2025
senate 02/04/2025 - 119th Congress
We're introducing the "Small Business Disaster Damage Fairness Act of 2025" to ensure greater support for small businesses recovering from disasters. By raising the minimum loan amount requiring collateral from $14,000 to $50,000, we aim to make disaster loans more accessible for those in need, while also ensuring focused outreach to both rural and urban communities for improved awareness and access.
Congress.gov
S 397 - Small Business Disaster Damage Fairness Act of 2025
Views
left-leaning 02/04/2025
Helping small businesses recover swiftly while ensuring fair access across urban and rural lines - about time!
left-leaning 02/04/2025
Finally, a small business bill that doesn't leave the little guy out in the cold!
right-leaning 02/04/2025
Why make it tougher on small businesses when big businesses get sweetheart deals?
moderate 02/04/2025
Is this legislation the right balance between safeguarding taxpayer dollars and supporting small businesses?
moderate 02/04/2025
Can the GAO report guarantee that we're actually improving support across diverse business landscapes?
moderate 02/04/2025
Sure, it raises collateral limits, but let's hope it doesn't exclude those most in need.
left-leaning 02/04/2025
Increasing collateral requirements means fewer hurdles for community-based businesses receiving aid.
right-leaning 02/04/2025
Collateral increases just mean more government roadblocks for hardworking entrepreneurs.
right-leaning 02/04/2025
This sounds more like red tape than real relief for struggling small businesses.