; (2) the requirement that an applicant needs to be in business for the 1-year period before the disaster, except that no waiver may be made for a business that was not in operation on August 8, 2023; and (3) the requirement in the flush matter following subparagraph (E) of section 7(b)(2) of the Small Business Act ( 15 U.S.C. 636(b)(2) ) that an applicant be unable to obtain credit elsewhere. (d) Approval and Ability To Repay for Small Dollar Loans With respect to a loan made under section 7(b)(2) of the Small Business Act ( 15 U.S.C. 636(b)(2) ) during the covered period in response to the Hawai‘i Wildfires, the Administrator may— (1) approve an applicant based solely on the credit score of the applicant and shall not require an applicant to submit a tax return or a tax return transcript for such approval