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HR 1021 · in committee · significant

Small Business Disaster Damage Fairness Act of 2025

What this bill does

  • The bill raises the Small Business Administration's collateral threshold for disaster loans from $14,000 to $50,000.
  • Small business owners seeking disaster recovery loans are affected, particularly those in rural areas.
  • The SBA must improve outreach to rural communities and report on loan default rates.

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Community Threads

Started by Cosponsor

  1. 01

    How would raising the collateral threshold from $14,000 to $50,000 change which disaster-affected small businesses can access SBA loans?

  2. 02

    What evidence supports that rural small businesses face greater barriers to disaster loans, and how might improved SBA outreach address these gaps?

  3. 03

    If higher collateral thresholds reduce loan defaults, what trade-offs might exist between loan accessibility and SBA risk management?

Cosponsor writes these to seed civic discussion — they aren't user posts. Sign in to reply.

Sponsor · D-CO-2

Joe Neguse

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House Reps cosponsoring

Introduced 2025-02-05

Joining the bill

Legislative timeline

  1. 2025-02-05 · house · IntroReferral

    Referred to the House Committee on Small Business.

  2. 2025-02-05 · IntroReferral

    Introduced in House

  3. 2025-02-05 · IntroReferral

    Introduced in House

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