#aad? ,,congress  #a/ ,session  ,h4 ,r4 
#bjh  ,,an ,,act  ,to improve ! disa/]  
assi/ance programs ( ! ,small ,bus9ess  
,adm9i/ration4  #a4 ,%ort title ,?is    
,act may be cit$ z ! ,sup]/orm ,s&y     
,relief & ,disa/] ,loan ,program        
,improvem5t ,act ( #bjae4  #b4 ,f9d+s   
,congress f9ds ! foll[+3  7#a7 ,9 #bjab1
 ,sup]/orm ,s&y caus$ sub/antial        
physical & economic damage to ! ,unit$  
,/ates1 & ,new ,york 9 p>ticul>4  7#b7  
,= bus9esses & home[n]s1 ! prim>y means 
( obta9+ long-t]m ,f$]al f9ancial       
assi/ance 9 ! wake ( disa/]s su* z      
,sup]/orm ,s&y is ?r\gh ! ,small        
,bus9ess ,adm9i/ration's ,disa/] ,loan  
,program4  7#c7 ,) reg>d to ! ,small    
,bus9ess ,adm9i/ration's op]ation ( !   
,disa/] ,loan ,program aft] ,sup]/orm   
,s&y1 ! ,gov]nm5t ,acc\ntability ,(fice 
f\nd t ! ,adm9i/ration did n meet its   
timel9ess goals = process+ bus9ess loan 
applications4  7#d7 ,accord+ to !       
,gov]nm5t ,acc\ntability ,(fice1 !      
,small ,bus9ess ,adm9i/ration /at$ t x 0

 *all5g$ by an unexpect$ly high volume (
 loan applications t x receiv$ e>ly 9   
its response to ,sup]/orm ,s&y4  7#e7 ,z
 a result1 _m bus9esses & home[n]s      
affect$ by ,sup]/orm ,s&y 7 unable to   
apply = f9anc+ f ! ,small ,bus9ess      
,adm9i/ration4  #c4 ,revis$ disa/]      
deadl9e ,section #g7;d7 ( ! ,small      
,bus9ess ,act 7#ae ,u4,s4,c4 #fcf7;d77  
is am5d$ by add+ at ! end ! foll[+3     
7#h7 ,disa/] loans = ,sup]/orm ,s&y     
7,a7 ,9 g5]al ,not)/&+ any o!r provision
 ( law1 & subject to ! same requirem5ts 
& proc$ures t are us$ to make loans     
pursuant to subsection 7b71 a small     
bus9ess conc]n1 home[n]1 or r5t] t 0    
locat$ )9 an area & dur+ ! "t p]iod )   
respect to :i* a major disa/] 0 decl>$  
by ! ,presid5t "u section #dja ( !      
,rob]t ,t4 ,/af=d ,disa/] ,relief &     
,em]g5cy ,assi/ance ,act 7#db ,u4,s4,c4 
#eagj7 by reason ( ,sup]/orm ,s&y may   
apply to ! ,adm9i/rator-- 7i7 = a loan  
to repair1 rehabilitate1 or replace     
prop]ty damag$ or de/roy$ by reason (   

,sup]/orm ,s&y2 or  7ii7 if su* a small 
bus9ess conc]n has suff]$ sub/antial    
economic injury by reason ( ,sup]/orm   
,s&y1 = a loan to assi/ su* a small     
bus9ess conc]n4  7,b7 ,tim+ ,!          
,adm9i/rator %all select loan recipi5ts 
& make available loans = a p]iod ( n    
less ?an #a ye> aft] ! date on :i* !    
,adm9i/rator c>ries out ?is au?ority4  4
  #d4 ,use ( physical damage disa/]     
loans to con/ruct safe rooms ,section   
#g7;b77#a77;,a7 ( ! ,small ,bus9ess ,act
 7#ae ,u4,s4,c4 #fcf7;b77#a77;,a77 is   
am5d$ by /rik+ mitigat+ measures & all t
 foll[s ?r\gh modify+ /ructures & ins]t+
 ! foll[+3 mitigat+ measures1 includ+-- 
7i7 con/ruction ( reta9+ walls & sea    
walls2  7ii7 grad+ & cont\r+ l&2 &      
7iii7 relocat+ utilities & modify+      
/ructures1 includ+ con/ruction ( a safe 
room or simil> /orm %elt] design$ to    
protect prop]ty & occupants f tornadoes 
or o!r natural disa/]s  4  #e4          
,collat]al requirem5ts = small bus9ess  
conc]ns ,section #g7;b7 ( ! ,small      

,bus9ess ,act 7#ae ,u4,s4,c4 #fcf7;b77  
is am5d$ by ins]t+ aft] p>agraph 7#i7 ! 
foll[+3  7#aj7 ,collat]al requirem5ts = 
small bus9esses ,9 ! case ( a loan made 
pursuant to ?is subsection 9 an am\nt n 
great] ?an #bej1jjj1 ! ,adm9i/rator may 
n require a borr[] to pl$ge 8 or h]     
prim>y resid5ce z collat]al if-- 7,a7   
o!r collat]al exi/s1 includ+ assets     
relat$ to ! op]ation ( a bus9ess2 &     
7,b7 su* an option does n delay !       
,adm9i/rator's process+ ( disa/]        
applications = a disa/]4  4  #f4 ,r$uc+ 
delays on clos+ & disbursem5t ( loans   
,section #g7;b7 ( ! ,small ,bus9ess ,act
 7#ae ,u4,s4,c4 #fcf7;b77 is fur!r am5d$
 by ins]t+ aft] p>agraph 7#aj7 7z add$  
by section #e7 ! foll[+3  7#aa7 ,r$uc+  
clos+ & disbursem5t delays ,!           
,adm9i/rator %all provide a cle> &      
concise notification on all application 
mat]ials = loans made "u ?is subsection 
& on relevant websites notify+ an       
applicant t ! applicant may submit all  
docum5tation necess>y = ! approval ( !  

loan at ! "t ( application & t failure  
to submit all docum5tation c\ld delay ! 
approval & disbursem5t ( ! loan4  4  #g4
 ,increas+ transp>5cy 9 loan approvals  
,section #g7;b7 ( ! ,small ,bus9ess ,act
 7#ae ,u4,s4,c4 #fcf7;b77 is fur!r am5d$
 by ins]t+ aft] p>agraph 7#aa7 7z add$  
by section #f7 ! foll[+3  7#ab7         
,increas+ transp>5cy 9 loan approvals ,!
 ,adm9i/rator %all e/abli% & implem5t   
cle>1 writt5 policies & proc$ures =     
analyz+ ! ability ( a loan applicant to 
repay a loan made "u ?is subsection4  4 
#h4 ,safegu>d+ taxpay]s' int]e/s        
,section #g7;b7 ( ! ,small ,bus9ess ,act
 7#ae ,u4,s4,c4 #fcf7;b77 is fur!r am5d$
 by ins]t+ aft] p>agraph 7#ab7 7z add$  
by section #g7 ! foll[+3  7#ac7 ,ensur+ 
acc\ntability 9 loan approvals ,!       
,adm9i/rator %all e/abli% requirem5ts = 
! approval ( economic injury disa/] loan
 assi/ance made available pursuant to   
p>agraph 7#b71 :i* %all include ! review
 ( applicant eligibility & %all require 
t all support+ docum5tation is submitt$ 

prior to loan approval4 ,! ,adm9i/rator 
%all require t p]sonnel involv$ 9 !     
approval ( su* loans be tra9$ on su*    
proc$ures4  4  #i4 ,disa/] p]=mance     
measures ,section #g7;b7 ( ! ,small     
,bus9ess ,act 7#ae ,u4,s4,c4 #fcf7;b77  
is fur!r am5d$ by ins]t+ aft] p>agraph  
7#ac7 7z add$ by section #h7 ! foll[+3  
7#ad7 ,report+ on disa/] p]=mance       
measures ,! ,adm9i/rator %all report !  
av]age process+ "t = all o!r disa/] loan
 applications1 includ+ disaggregat$ data
 on disa/] loan applications t 7 decl9$ 
by ! ,adm9i/ration's automat$ disa/]    
process+ sy/em & applications 9 :i* !   
,adm9i/rator p]=m$ loss v]ification4 ,= 
ea* disa/] describ$ 9 p>agraph 7#b71 !  
,adm9i/rator %all report su* av]age     
process+ times on its website & to !    
,committee on ,small ,bus9ess ( ! ,h\se 
( ,repres5tatives & ! ,committee on     
,small ,bus9ess & ,entrepr5eur%ip ( !   
,s5ate4  4  #aj4 ,disa/] plan           
improvem5ts ,! ,adm9i/rator ( ! ,small  
,bus9ess ,adm9i/ration %all revise !    

compreh5sive writt5 disa/] response plan
 requir$ 9 section #dj ( ! ,small       
,bus9ess ,act 7#ae ,u4,s4,c4 #fegl71 or 
any successor !reto1 to incorporate !   
,adm9i/ration's response to a situation 
9 :i* an extreme volume ( applications  
are receiv$ dur+ ! p]iod ( "t imm$iately
 aft] a disa/]1 :i* %all include a plan 
to ensure t suffici5t human &           
te*nological res\rces are made available
 & a plan to prev5t delays 9 loan       
process+4  #aa4 ,report to ,congress on 
implem5tation ( c]ta9 programs  7a7     
,initial report ,! ,adm9i/rator ( !     
,small ,bus9ess ,adm9i/ration %all      
report to ,congress n lat] ?an #cj days 
aft] ! date ( enactm5t ( ?is ,act on !  
implem5tation & /atus ( ! private disa/]
 loan program e/abli%$ 9 section #g7;c7 
( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 
#fcf7;c771 ! ,imm$iate ,disa/]          
,assi/ance program e/abli%$ 9 section   
#db ( su* ,act 7#ae ,u4,s4,c4 #fegn71 & 
! exp$it$ disa/] assi/ance bus9ess loan 
program e/abli%$ 9 section #abjhe ( !   

,small ,bus9ess ,disa/] ,response &     
,loan ,improvem5ts ,act ( #bjjh 7#ae    
,u4,s4,c4 #fcf;j74  7b7 ,requir$        
consultation ) depository in/itutions & 
cr$it unions ,! ,adm9i/rator %all       
require ! ,associate ,adm9i/rator = !   
,(fice ( ,disa/] ,assi/ance to consult )
 depository in/itutions 7z def9$ 9      
section #c ( ! ,f$]al ,deposit          
,insurance ,act 7#ab ,u4,s4,c4 #ahac77 &
 cr$it unions reg>d+ _! pot5tial        
p>ticipation 9 any ( ! programs describ$
 9 subsection 7a74  7c7 ,report on      
consultation ,n lat] ?an #f mon?s aft]  
date ( enactm5t ( ?is ,act1 !           
,adm9i/rator %all report to ,congress on
 ! consultation requir$ "u subsection   
7b74  ,pass$ ! ,h\se ( ,repres5tatives  
,july #ac1 #bjae4;,cl]k4