1. Short title This Act may be cited as the Small Business Relief Guaranteed Loan Program Act of 2020 . 2. Business stabilization guaranteed loan program (a) In general The Administrator of the Small Business Administration shall carry out a program to guarantee loans to eligible borrowers, made by banks or other lenders. (b) Eligible borrower defined In this section, the term eligible borrower means a person who— (1) is a small business concern as defined under section 3 of the Small Business Act ( 15 U.S.C. 632 )