Assisting Small Businesses Not Fraudsters Act

House Bill

H.R. 825

119th Congress

Assisting Small Businesses Not Fraudsters Act

In Committee

Introduced:Jan 28, 2025

Primary Sponsor

Roger Williams

Representative

Republican

TX-25

Cosponsors

3

Quick Stats

Policy Area

Commerce

Summary

This bill prohibits individuals convicted of COVID-19 loan fraud from receiving SBA assistance. It bars those who committed financial crimes related to PPP loans, Restaurant Revitalization Fund grants, or Shuttered Venue grants from future SBA programs except disaster loans.

Latest Action

Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.

SponsorRoger Williams (R-TX)

Introduced1/28/2025

StatusReceived in the Senate and Read twice and referred to the Committee on Small Business and Entreprene

ChamberHouse

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Vote Prediction

Assisting Small Businesses Not Fraudsters Act

This bill prohibits individuals convicted of COVID-19 loan fraud from receiving SBA assistance. It bars those who committed financial crimes related to PPP loans, Restaurant Revitalization Fund grants, or Shuttered Venue grants from future SBA programs except

Community Breakdown

Pass

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Fail

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0 predictions

This bill prohibits individuals convicted of COVID-19 loan fraud from receiving SBA assistance. It bars those who committed financial crimes related to PPP loans, Restaurant Revitalization Fund grants, or Shuttered Venue grants from future SBA programs except disaster loans.

Bill Number: 825
Sponsor: Roger Williams (R-TX)
Introduced: 1/28/2025
Status: Received in the Senate and Read twice and referred to the Committee on Small Business and Entreprene
Policy Area: Commerce

Data from Congress.gov

AI-generated summary

Fact Sheet

Title: Assisting Small Businesses Not Fraudsters Act
Bill Number: 825
Sponsor: Roger Williams (R-TX)
Status: Received in the Senate and Read twice and referred to the Committee on Small Business and Entreprene
Introduced: 1/28/2025
Summary: This bill prohibits individuals convicted of COVID-19 loan fraud from receiving SBA assistance. It bars those who committed financial crimes related to PPP loans, Restaurant Revitalization Fund grants, or Shuttered Venue grants from future SBA programs except disaster loans.

Data from Congress.gov

AI Summary

Plain-English explanation of this bill

This bill prohibits individuals convicted of COVID-19 loan fraud from receiving SBA assistance. It bars those who committed financial crimes related to PPP loans, Restaurant Revitalization Fund grants, or Shuttered Venue grants from future SBA programs except disaster loans.

Last updated: 1/5/2026

Official Summary

Congressional Research Service summary

Assisting Small Businesses Not Fraudsters ActThis bill prohibits individuals convicted of certain financial crimes from receiving assistance from the Small Business Administration (SBA).Specifically, the bill prohibits individuals who have been convicted of a crime involving financial misconduct or a false statement with respect to certain COVID-19 loans (e.g., Paycheck Protection Program loans, Restaurant Revitalization Fund grants, and Shuttered Venue Operators grants) from receiving any financial assistance from the SBA (other than a disaster loan).The prohibition includes SBA assistance to small businesses that have an owner, officer, director, or key employee who has been convicted of such a crime.

Key Points

Main provisions of the bill

Bars COVID loan fraudsters from SBA assistance
Covers PPP, Restaurant, and Shuttered Venue fraud
Applies to owners, officers, and key employees
Excludes disaster loans from prohibition
Prevents repeat fraud by convicted individuals

How This Impacts Americans

Potential effects on citizens and communities

The SBA would have clear authority to deny assistance to pandemic fraud convicts. Small businesses led by honest owners would face less competition from bad actors. Taxpayer funds would be better protected from repeat offenders.

Policy Areas

Primary Policy Area

Commerce

Related Subjects

Credit and credit markets

Criminal investigation, prosecution, interrogation

Fraud offenses and financial crimes

Government lending and loan guarantees

Small business

Scope & Jurisdiction

Jurisdiction Level

federal

Congressional Session

119th Congress

Citation Reference

825, 119th Congress (2025). "Assisting Small Businesses Not Fraudsters Act". Source: Voter's Right Platform. https://votersright.org/bills/118-hr-825

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