To amend the Small Business Act with respect to the maximum additional loan amount for certain disaster loans, and for other purposes.

# Summary of HR 1375 **What the Bill Would Do** HR 1375 proposes to modify the Small Business Act to increase the maximum loan amounts available to small businesses applying for disaster loans. The bill specifically focuses on raising caps on "additional loan amounts" that businesses can receive when they experience disasters like hurricanes, floods, or other emergencies. While the bill's full details aren't specified in the provided information, such changes typically aim to help small businesses better recover and rebuild after natural disasters or other catastrophic events. **Who It Affects and Current Status** This bill would primarily affect small business owners who have experienced disaster damage and are seeking federal loans to recover.

It could also impact the Small Business Administration (SBA), which administers these loan programs. HR 1375 was introduced by Representative Kathy Castor (D-FL) in the 119th Congress and is currently in committee, meaning it has not yet been debated or voted on by the full House of Representatives. The bill remains in the early stages of the legislative process.