Establishes a state disaster emergency grant and loan program

This bill establishes a state program to provide disaster relief loans and grants to small businesses affected by declared emergencies. It directly affects small businesses (defined as having 50 or fewer employees) that were operational during a state or local emergency declared by the governor or county chief executive. The program covers qualified losses including physical damage, inventory loss (like spoiled goods), and revenue loss due to the emergency, with loans capped at $25,000 per business. Applications must be submitted within 30 days after the emergency ends, and agencies must use uniform criteria to evaluate applicants based on pre-emergency financial health and job retention plans.