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.
Actions
Nov 15, 2001
Referred to the House Committee on Small Business.