,,ii #aafth ,,congress #b;d ,session ,s4 #defj ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,september #aj1 #bjbj,ms4 ,smith 7for herself1 ,ms4 ,klobuchar1 and ,mrs4 ,murray7 introduced the following bill2 which was read twice and referred to the ,committee on ,small ,business and ,entrepreneurship ,a ,,bill ,to direct the ,administrator of the ,small ,business ,administration to establish a forgivable loan program for remote recreational businesses1 and for other purposes4 #a4 ,short title ,this ,act may be cited as the ,remote ,recreational ,small ,business ,interruption ,program ,act4 #b4 ,definitions ,in this ,act3 7#a7 ,administrator ,the term ,administrator means the ,administrator of the ,small ,business ,administration4 7#b7 ,remote recreational business ,the term remote recreational business means a business in the contiguous ,united ,states that is-- 7,a7 a small business concern 7as defined in section #c of the ,small ,business ,act 7#ae ,u4,s4,c4 #fcb77 operating in the recreational industry2 7,b7 located within #ge miles of the ,united ,states and ,canadian border2 and 7,c7 only accessible by land via ,canada4 #c4 ,forgivable loan program for remote recreational businesses 7a7 ,in general ,the ,administrator shall establish a program to make forgivable loans available to remote recreational businesses that experienced a loss in revenue that is greater than #ej percent during the period beginning on ,march #a1 #bjbj1 and ending on ,july #a1 #bjbj1 as compared with the same period during #bjai4 7b7 ,eligibility ,to be eligible for a forgivable loan under subsection 7a71 a remote recreational business shall-- 7#a7 have been in operation on ,march #a1 #bjbj2 and 7#b7 show that the closure of the ,united ,states and ,canadian border restricted the ability of ,american customers to access the location of the remote recreational business4 7c7 ,loan amount ,the maximum loan amount under subsection 7a7 shall be equal to #ge percent of the gross annual receipts for the remote recreational business for fiscal year #bjai4 7d7 ,forgiveness ,not later than #a year after the date of enactment of this ,act1 the ,administrator shall forgive #ajj percent of the value of a loan made to a remote recreational business under subsection 7a7 less the amount the remote recreational business received from-- 7#a7 any other loan forgiveness program1 including any program established under the ,,cares ,act 7,public ,law #aaf-acf72 or 7#b7 an advance under section #aaaj of the ,,cares ,act 7#ae ,u4,s4,c4 #ijji74