,,ii  #aai? ,,congress  #a/ ,session    
,s4 #cdag  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,decemb] #aj1 #bjbe,mr4
 ,ju/ice introduc$ ! foll[+ bill2 :i* 0 
read twice & ref]r$ to ! ,committee on  
,small ,bus9ess & ,entrepr5eur%ip  ,a   
,,bill  ,to direct ! ,comptroll] ,g5]al 
( ! ,unit$ ,/ates to conduct a /udy on !
 disbursem5t process = c]ta9 small      
bus9ess loans1 & = o!r purposes4  #a4   
,%ort title ,?is ,act may be cit$ z !   
,ma9 ,/reet ,l5d+ ,improvem5t ,act (    
#bjbe4  #b4 ,disbursem5t process = c]ta9
 small bus9ess loans  7a7 ,def9itions ,9
 ?is section3 7#a7 ,appala*ian region ,!
 t]m ,appala*ian region has ! mean+ giv5
 su* t]m by section #adajb7;a7 ( title  
#dj1 ,unit$ ,/ates ,code4  7#b7 ,cov]$  
region ,! t]m cov]$ region means a      
region ( ! ,adm9i/ration t includes any 
"p ( ! ,appala*ian region4  7#c7 ,region
 ( ! ,adm9i/ration ,! t]m region ( !    
,adm9i/ration has ! mean+ giv5 su* t]m 9
 section #c ( ! ,small ,bus9ess ,act    
7#ae ,u4,s4,c4 #fcb74  7#d7 ,small      

bus9ess conc]n ,! t]m small bus9ess     
conc]n has ! mean+ giv5 su* t]m "u      
section #c ( ! ,small ,bus9ess ,act 7#ae
 ,u4,s4,c4 #fcb7;a774  7#e7 ,small      
bus9ess loan ,! t]m small bus9ess loan  
means a loan made "u title ,v ( ! ,small
 ,bus9ess ,inve/m5t ,act ( #aieh 7#ae   
,u4,s4,c4 #fie et seq471 section #g7;a7 
( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 
#fcf7;a771 or section #g7m7 ( ! ,small  
,bus9ess ,act 7#ae ,u4,s4,c4 #fcf7m771  
except t su* t]m excludes any loan made 
"u a program e/abli%$ 9 response to !   
,,covid-#ai p&emic4  7b7 ,/udy ,!       
,comptroll] ,g5]al ( ! ,unit$ ,/ates    
%all conduct a /udy on ! disbursem5t    
process = small bus9ess loans4  7c7     
,cont5ts  7#a7 ,9 g5]al ,9 conduct+ !   
/udy "u subsection 7b71 ! ,comptroll]   
,g5]al %all det]m9e = ea* ye> dur+ !    
p]iod beg9n+ on ,janu>y #a1 #bjba1 &    
end+ on ,decemb] #ca1 #bjbd1 = ea* cov]$
 region1 ! measures describ$ 9 p>agraph 
7#b74  7#b7 ,measures describ$ ,!       
measures describ$ 9 ?is p>agraph )      

respect to a cov]$ region are1 = ea* ( !
 portion ( su* cov]$ region t is "p ( ! 
,appala*ian region & ! portion ( su*    
cov]$ region t is n "p ( ! ,appala*ian  
region-- 7,a7 ! av]age l5g? ( "t-- 7i7  
betwe5 ! submission ( an application = a
 small bus9ess loan by a small bus9ess  
conc]n = :i* ! pr9cipal place ( bus9ess 
is locat$ 9 su* portion & :5 funds are  
disburs$ ) respect to su* application2 &
  7ii7 to complete ea* /ep ( !          
application & disbursem5t process =     
small bus9ess loans = small bus9ess     
conc]ns = :i* ! pr9cipal place ( bus9ess
 is locat$ 9 su* portion2  7,b7 ! numb] 
t is equal to ! product (-- 7i7 ! numb] 
( small bus9ess loans disburs$ to small 
bus9ess conc]ns = :i* ! pr9cipal place (
 bus9ess is locat$ 9 su* portion divid$ 
by ! total numb] ( small bus9ess conc]ns
 = :i* ! pr9cipal place ( bus9ess is    
locat$ 9 su* portion2 &  7ii7 #ajjj2    
7,c7 ! numb] t is equal to ! product (--
 7i7 ! numb] ( small bus9ess loans      
approv$ = small bus9ess conc]ns = :i* ! 

pr9cipal place ( bus9ess is locat$ 9 su*
 portion divid$ by ! total numb] ( small
 bus9ess conc]ns = :i* ! pr9cipal place 
( bus9ess is locat$ 9 su* portion2 &    
7ii7 #ajjj2  7,d7 ! av]age & m$ian doll>
 am\nt ( small bus9ess loans disburs$ to
 small bus9ess conc]ns = :i* ! pr9cipal 
place ( bus9ess is locat$ 9 su* portion2
 &  7,e7 ! numb] t is equal to ! product
 (-- 7i7 ! aggregate doll> am\nt ( all  
small bus9ess loans disburs$ to small   
bus9ess conc]ns = :i* ! pr9cipal place (
 bus9ess is locat$ 9 su* portion divid$ 
by ! total numb] ( small bus9ess conc]ns
 = :i* ! pr9cipal place ( bus9ess is    
locat$ 9 su* portion2 &  7ii7 #ajjj4    
7d7 ,brief+ & report  7#a7 ,int]im      
brief+ ,n lat] ?an #a ye> aft] ! date ( 
enactm5t ( ?is ,act1 ! ,comptroll]      
,g5]al %all provide to ,congress a      
brief+ on ! progress ( ! /udy requir$ by
 subsection 7b74  7#b7 ,report  7,a7 ,9 
g5]al ,n lat] ?an #b ye>s aft] ! date ( 
enactm5t ( ?is ,act1 ! ,comptroll]      
,g5]al %all submit to ,congress a report

 conta9+ ! results ( ! /udy requir$ by  
subsection 7b74  7,b7 ,recomm5dations ,!
 report requir$ by subp>agraph 7,a7 %all
 include recomm5dations ( ! ,comptroll] 
,g5]al = *anges to ! small bus9ess loan 
disbursem5t process to-- 7i7 increase   
accessibility ( small bus9ess loans2    
7ii7 decrease ! av]age l5g? ( "t f :5 an
 application = a small bus9ess loan is  
submitt$ to :5 funds are disburs$ )     
respect to su* application2  7iii7      
increase ! availability ( in=mation to  
an applicant = a small bus9ess loan     
reg>d+ ! /atus ( ! application ( su*    
applicant1 includ+ if any additional    
in=mation is ne$$ f ! applicant to      
cont9ue process+ ! application ( su*    
applicant & an e/imate ( ! l5g? ( "t    
until ! funds ) respect to su*          
application w be disburs$2 &  7iv7      
id5tify me*anisms & processes int]nal to
 ! ag5cies involv$ 9 mak+ small bus9ess 
loans t c be *ang$ to r$uce             
ineffici5cies ( ! ,gov]nm5t ) respect to
 ! process+ ( applications = small      

bus9ess loans4