Prohibits any payment, from being required of a small business on a loan used for the financing of construction projects while payments are being made by the Small Business Administration pursuant to the assumption of such business's obligation, or while the Administration has suspended payment on its own loan. Limits the period of such assumption of suspension to five years. Sets the prerequisites for receiving the loan and the conditions for repayment of such loan.
Introduced in Senate
Referred to Senate Select Committee on Small Business.
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