{"database": "press", "table": "releases", "rows": [["https://horn.house.gov/news/documentsingle.aspx?DocumentID=197", "Rep. Horn Bill Would Provide Small Businesses with Immediate Grants and Zero Interest Disaster Relief Loans", "2020-03-23", "2020", "2020-03", "Democrat", "House", "OK", "Kendra Horn", "H001083", "horn.house.gov", null, null, "legacy", "OKLAHOMA CITY, OK  On Monday, Congresswoman Kendra Horn introduced the Too Small To Fail Act, a bill to help small businesses and non-profits with immediate disaster relief grants and zero interest loans. Currently, Small Business Administration (SBA) interest rates for Economic Injury Disaster Loans (EIDL) are set at 3.75% for small businesses and 2.75% for non-profit organizations, with terms up to 30 years. The Too Small To Fail Act would provide $15,000 EIDL grants to impacted businesses and non-profits within three days of their application and would dramatically expand the availability of zero-interest, zero-fee SBA loans.\r\nOur small businesses and nonprofits are critical engines of economic opportunity and support in our communities, said Congresswoman Horn. The situation we are facing is not only a public health emergency, it is also an economic crisis which requires solutions now. I have heard directly from small business owners and non-profit leaders who want to know how to keep their organizations afloat during a growing economic disaster. The Too Small To Fail Act would provide immediate and needed support for our nation's small businesses and non-profits so they can keep their lights on, pay their bills, and support their workers.\r\nBy late last week, Oklahoma was on track to surpass 10,000 unemployment claims in a single week, the most initial claims in nearly three decades. Treasury Secretary Steven Mnuchin warned last week that the U.S. unemployment rate could spike to 20 percent as a result of the COVID-19 pandemic.\r\nCongresswoman Horn introduced the Too Small To Fail Act along with lead author Rep. Chris Pappas (NH-1) and original co-sponsors Reps. Max Rose (NY-11), Chellie Pingree (ME-1), Andre Carson (IN-7), Susan Wild (PA-07), Debbie Mucarsel-Powell (FL-26), Jimmy Panetta (CA-20), Jahana Hayes (CT-05), Ann McLane Kuster (NH-02), and Eleanor Holmes Norton (DC-AL). Text of the Too Small To Fail Act is available here.\r\n###", 1, "2026-03-30T12:14:52Z", "2026-03-30T12:14:52Z"]], "columns": ["url", "title", "date", "year", "month", "party", "chamber", "state", "member_name", "bioguide_id", "domain", "scraper", "source", "date_source", "text", "has_text", "collected_at", "updated_at"], "primary_keys": ["url"], "primary_key_values": ["https://horn.house.gov/news/documentsingle.aspx?DocumentID=197"], "units": {}, "query_ms": 1.3726360630244017, "source": "dwillis/congress-press", "source_url": "https://github.com/dwillis/congress-press", "license": "MIT", "license_url": "https://github.com/dwillis/congress-press/blob/main/LICENSE"}