,i #aafth ,,congress #b;d ,session ,h4 ,r4 #fcdd ,,in ,,the ,,house ,,of ,,representatives ,march #bc1 #bjbj,mr4 ,evans introduced the following bill2 which was referred to the ,committee on ,small ,business ,a ,,bill ,to modify the economic injury disaster loan of the ,small ,business ,administration in response to ,,covid-#ai1 and for other purposes4 #a4 ,short title ,this ,act may be cited as the ,expediting the ,,eidl ,program ,act of #bjbj4 #b4 ,economic injury disaster loans 7a7 ,terms ,with respect to a loan made under section #g7;b77#b7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fcf7;b77#b77 in response to ,,covid-#ai1 the ,administrator of the ,small ,business ,administration-- 7#a7 may make such a loan to a start-up small business concern2 7#b7 may waive any rules related to affiliation2 and 7#c7 shall1 with respect to such a loan made to a cooperative1 waive any requirement that the borrower of such loan provide a personal guarantee to repay such loan4 7b7 ,preliminary amounts 7#a7 ,in general ,an applicant for a loan under section #g7;b77#b7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fcf7;b77#b77 in response to ,,covid-#ai may request that the ,administrator provide an advance in the amount requested by such applicant 7not to exceed #aj1jjj7 to such applicant within #c days after the ,administrator receives an application from such applicant4 7#b7 ,verification ,before disbursing amounts under this subsection1 the ,administrator shall verify that the applicant is a small business concern 7as defined under section #c of such ,act 7#ae ,u4,s4,c4 #fcb774 7#c7 ,repayment ,an applicant that is subsequently denied a loan under such section #g7;b77#b7 shall not be required to repay any amounts of an advance provided under this subsection4 7c7 ,approval and ability ,to repay for small dollar loans ,with respect to a loan made under section #g7;b77#b7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fcf7;b77#b77 in response to ,,covid-#ai that does not exceed #cej1jjj1 the ,administrator-- 7#a7 may approve an applicant based solely on the credit score of the applicant and shall not require an applicant to submit a tax return or a tax return transcript for such approval2 or 7#b7 use alternative appropriate methods to determine an applicant's ability to repay4 7d7 ,emergencies involving federal primary responsibility qualifying for small business administration assistance ,section #g7;b77#b7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fcf7;b77#b77 is amended-- 7#a7 in subparagraph 7,a71 by striking or at the end2 7#b7 in subparagraph 7,b71 by striking or at the end2 7#c7 in subparagraph 7,c71 by striking or at the end2 7#d7 by redesignating subparagraph 7,d7 as subparagraph 7,e72 7#e7 by inserting after subparagraph 7,c7 the following3 7,d7 an emergency involving ,federal primary responsibility determined to exist by the ,president under section #eja7;b7 of the ,robert ,t4 ,stafford ,disaster ,relief and ,emergency ,assistance ,act 7#db ,u4,s4,c4 #eaia7;b772 or 2 7#f7 in subparagraph 7,e71 as so redesignated-- 7,a7 by striking or 7,c7 and inserting 7,c71 or 7,d72 7,b7 by striking disaster declaration each place it appears and inserting disaster or emergency declaration2 7,c7 by striking disaster has occurred and inserting disaster or emergency has occurred2 7,d7 by striking such disaster and inserting such disaster or emergency2 and 7,e7 by striking disaster stricken and inserting disaster- or emergency-stricken2 and 7#g7 in the flush matter following subparagraph 7,e7 7as so redesignated71 by striking the period at the end and inserting the following3 3 ,provided further1 ,that for purposes of subparagraph 7,d71 the ,administrator shall deem that such an emergency affects each ,state or subdivision thereof 7including counties71 and that each ,state or subdivision has sufficient economic damage to small business concerns to qualify for assistance under this paragraph and the ,administrator shall accept applications for such assistance immediately4 7e7 ,credit elsewhere requirements ,the flush matter following subparagraph 7,e7 7as so redesignated7 of section #g7;b77#b7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fcf7;b77#b77 is amended by striking ,that no loan or guarantee and all that follows through credit elsewhere4 and inserting the following3 ,the interest rate on a loan or guarantee made under this paragraph shall be not more than #b percent1 if the ,administrator determines the applicant is not able to obtain credit elsewhere1 or not more than #d percent1 if the ,administrator determines the applicant is able to obtain credit elsewhere44 7f7 ,eligibility ,section #g7;b77#b7 of the ,small ,business ,act is amended by striking small agricultural cooperative and inserting small cooperative4 7g7 ,additional amounts 7#a7 ,in general ,the ,administrator of the ,small ,business ,administration may increase by #bj percent the amount received by an eligible small business concern under section #g7;b77#b7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fcf7;b77#b77 to cover continuity-of-operations and risk mitigation improvements1 including telework capability1 offsite record keeping1 redundancy1 the administrative costs of establishing paid sick leave1 and presenteeism prevention4 7#b7 ,definition ,in this section1 the term eligible small business concern means a small business concern that-- 7,a7 meets the applicable size standard established under section #c of the ,small ,business ,act 7#ae ,u4,s4,c4 #fcb72 and 7,b7 is receiving assistance under section #g7;b77#b7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fcf7;b77#b77 related to ,,covid-#ai4 7h7 ,authorization of appropriations ,there is authorized to be appropriated to the ,administrator to carry out the loan program under section #g7;b77#b7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fcf7;b77#b77-- 7#a7 #agg1jjj1jjj for administration costs2 and 7#b7 #a1jjj1jjj1jjj to provide loans or other assistance4