To amend section 7(b) of the Small Business Act to make disaster loans available for damages caused by prolonged power outages, and for other purposes.

HR 7071 expands access to Small Business Administration disaster loans by including prolonged power outages as a covered disaster. It directly affects small businesses in areas experiencing extended power loss (48+ hours) impacting 25+ homes or businesses with significant property damage (40%+ loss). The bill allows borrowers to use loan funds for energy resilience systems like generators or solar panels, and to replace spoiled food/drink lost due to the outage. This amendment modifies the Small Business Act to clarify that "prolonged power outage" qualifies for these loans under specific geographic and duration thresholds.