Amends the Small Business Act to allow disaster loans for damages from prolonged power outages.
The bill amends the Small Business Act to include prolonged power outages as a disaster for which small businesses can receive disaster loans. It defines a prolonged power outage as one that lasts at least 48 hours and affects at least 25 homes or businesses in a county or smaller political subdivision. Businesses can use these loans to purchase energy resilience systems and replace food and drink rendered unfit for consumption.
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