A bill to amend the Small Business Act to provide direct loans for the purchase and installation of wood or coal burning stoves in States declared by the Governor to have a shortage of heating oil.

Amends the Small Business Act to authorize the Small Business Administration to extend direct loans to individuals and small business concerns for the purchase and installation of wood and coal burning stoves. Requires that such stoves be used to heat a building currently heated by oil in a State where a shortage of heating oil has been declared by the Governor.

Prohibits the term of any such loan from exceeding five years. Sets the interest rate on such loans at the prevailing rate for small business disaster loans. Prohibits an individual whose income exceeds 120 percent of the State median income from receiving such a loan.