Keep Main Street Open Act

HR 5892, the "Keep Main Street Open Act," creates a Small Business Administration (SBA) program to provide loans to eligible small businesses during government shutdowns. These loans would cover estimated revenue losses from the shutdown, carry a maximum 1% interest rate, and require repayment within one year after the shutdown ends. The bill defines "eligible applicant" as small businesses qualifying under existing SBA Section 7(a) criteria and "shutdown" as the period starting when government funding lapses and ending 30 days after appropriations are restored. This program directly affects small businesses facing financial disruption due to federal funding gaps.