; or (ii) if such a small business concern has suffered substantial economic injury by reason of hurricane Harvey, Irma, or Maria, for a loan to assist such a small business concern. (B) Timing The Administrator shall select loan recipients and make available loans for a period of not less than 1 year after the date on which the Administrator carries out this authority. (C) Inspector General review Not later than 6 months after the date on which the Administrator begins carrying out this authority, the Inspector General of the Administration shall initiate a review of the controls for ensuring applicant eligibility for loans made under this paragraph. . 3. Collateral requirements for disaster loans (a) Amendment to the RISE After Disaster Act of 2015 (1) In general Section 2102 of the RISE After Disaster Act of 2015 is amended by striking subsection (b). (2) Effective date The amendment made by paragraph (1) shall take effect as though enacted as part of the RISE After Disaster Act of 2015. (b) Sunset Effective on the date that is 5 years after the date of enactment of this Act, section 7(d)(6) of the Small Business Act ( 15 U.S.C. 636(d)(6) ) is amended in the third proviso— (1) by striking $25,000 and inserting $14,000 ; and (2) by inserting major before disaster . (c) Report Not later than 180 days before the date on which the amendments made by subsection (b) are to take effect, the Administrator of the Small Business Administration shall submit to Committee on Small Business and Entrepreneurship of the Senate and the Committee on Small Business of the House of Representatives a report on the effects of the amendments made by subsection (a), which shall include— (1) an assessment of the impact and benefits resulting from the amendments; and (2) a recommendation as to whether the amendments should be made permanent.