Point Roberts Small Business Fairness Act
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Point Roberts Small Business Fairness Act
This bill requires the Small Business Administration (SBA) to establish a program to make forgivable loans to certain small businesses that are impacted by border closures due to COVID-19 (i.e., coronavirus disease 2019).
Eligible small businesses must (1) have experienced a loss in revenue that is greater than 50% during the second, third, or fourth quarter of 2020 compared with the same period in the previous year; and (2) show that the closure of the U.S.-Canada border directly resulted in a reduction in gross receipts or restricted the ability of American customers to access the location of such businesses.
The maximum loan amount shall be equal to 75% of the business's FY2019 revenue, and the SBA shall forgive 100% of the value of such loan, less the amount the borrower received from (1) any other loan forgiveness program, or (2) any emergency advance under the economic impact disaster loan program.
Referred to the House Committee on Small Business.
- Introduced in House Formatted Text PDF Formatted XML
Cite this page
U.S. Congress. (2026). H.R. 3760: Point Roberts Small Business Fairness Act. 117th Congress. Open America. https://openamerica.io/bill/117-HR-3760/
"H.R. 3760: Point Roberts Small Business Fairness Act." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-HR-3760/.
H.R. 3760, 117th Cong. (2026), https://openamerica.io/bill/117-HR-3760/.
[H.R. 3760: Point Roberts Small Business Fairness Act](https://openamerica.io/bill/117-HR-3760/)