Main Street and Community Enterprise Relief Act

This bill directs the Small Business Administration to establish a streamlined loan program for locally owned small businesses and eligible faith-based community enterprises, prioritizing applicants in rural, underserved, and economically distressed areas. It consolidates duplicative federal application requirements, provides standardized guidance for participating lenders, supports low-interest working-capital and equipment loans through existing SBA programs, and requires clear reporting on approval times, fees, and borrower outcomes while preserving applicable civil-rights, labor, tax, and financial-integrity protections.