S. 5332 aims to allocate additional funding to the Disaster Loans Program Account for the fiscal year 2025, specifically providing $810 million for direct loans to small businesses affected by disasters. Of this amount, $10 million will be used for audits and reviews by the...
Simple Explanation
S. 5332 is a plan to give money to help small businesses recover from things like big storms, with some money kept aside to make sure everything is checked properly, but they have to be careful how they spend it so it isn't wasted.