GULF COAST DISASTER LOAN REFINANCING PROGRAM.

SEC. 12086. GULF COAST DISASTER LOAN REFINANCING PROGRAM.(a) In General.—The Administrator may carry out a program to refinance Gulf Coast disaster loans (in this section referred to as the “program”).(b) Terms.—The terms of a Gulf Coast disaster loan refinanced under the program shall be identical to the terms of the original loan, except that the Administrator may provide an option to defer repayment on the loan. A deferment under the program shall end not later than 4 years after the date on which the initial disbursement under the original loan was made.122 STAT. 2185(c) Amount.—The amount of a Gulf Coast disaster loan refinanced under the program shall not exceed the amount of the original loan.(d) Disclosure of Accrued Interest.—If the Administrator provides an option to defer repayment under the program, the Administrator shall disclose the accrued interest that must be paid under the option.(e) Definition.—In this section, the term “Gulf Coast disaster loan” means a loan—(1) made under section 7(b) of the Small Business Act (15 U.S.C. 636(b));(2) in response to Hurricane Katrina of 2005, Hurricane Rita of 2005, or Hurricane Wilma of 2005; and(3) to a small business concern located in a county or parish designated by the Administrator as a disaster area by reason of a hurricane described in paragraph (2) under disaster declaration 10176, 10177, 10178, 10179, 10180, 10181, 10203, 10204, 10205, 10206, 10222, or 10223.(f) Authorization of Appropriations.—There are authorized to be appropriated such sums as may be necessary to carry out this section.