To amend the Small Business Act to make disaster loans available for damages caused by prolonged power outages, and for other purposes.

# HR 2897 Summary **What the Bill Does:** This bill would expand the Small Business Administration's (SBA) disaster loan program to help small businesses recover from damages caused by prolonged power outages. Currently, disaster loans are available for events like hurricanes, floods, and other natural disasters, but not specifically for power outages. If passed, small business owners could apply for federal loans to cover losses from extended electrical blackouts. **Who It Affects:** The bill primarily targets small business owners whose companies suffer significant financial damage from prolonged power outages. This could include owners of retail stores, restaurants, manufacturers, and other businesses that rely heavily on electricity to operate.

The bill may also benefit employees who lose income during extended outages. **Current Status:** HR 2897 is currently in committee, meaning it has been introduced but not yet voted on by the full House of Representatives. The bill was sponsored by Representative Haley M. Stevens, a Democrat from Michigan. The vague reference to "other purposes" suggests there may be additional provisions in the bill, though specific details are not provided in this summary.