Requires the Small Business Administration (SBA) to tighten controls, reporting, and budget transparency for disaster and COVID-EIDL loan programs, orders reviews by the SBA Inspector General and the Government Accountability Office (GAO), and restricts certain loan forgiveness and rulemaking that would raise program costs. It creates new reporting deadlines, requires regular updates on corrective actions, limits the Administrator’s authority in specific funding and forgiveness scenarios, and imposes administrative penalties (including a travel ban) if required reports are late.