American Small Business Recovery Act of 2001 - Limits the interest rate on disaster loans made during the year after this Act's enactment to any small business concern which suffered substantial economic injury as a result of the September 11, 2001 terrorist attacks. Authorizes the Administrator of the Small Business Administration (SBA) to: (1) make grants to such concerns during that same period; and (2) undertake payments (guaranteed loans) or discharge indebtedness (direct loans) for previous SBA loans made to such concerns.
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Legislative Actions
Introduced in House
Introduced in House
Referred to the House Committee on Small Business.
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