US SB4171 | 2019-2020 | 116th Congress

Status

Spectrum: Bipartisan Bill
Status: Introduced on July 2 2020 - 25% progression, died in committee
Action: 2020-07-02 - Read twice and referred to the Committee on Small Business and Entrepreneurship.
Pending: Senate Small Business And Entrepreneurship Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Requires the Small Business Administration to establish or certify an online calculator that allows recipients of assistance under the Paycheck Protection Program established to support small businesses in response to COVID-19 (i.e., coronavirus disease 2019) to (1) estimate the amount of loan forgiveness for which they are eligible, and (2) assist with their applications to request loan forgiveness.

Tracking Information

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Title

Calculate PPP Forgiveness Act of 2020

Sponsors


History

DateChamberAction
2020-07-02SenateRead twice and referred to the Committee on Small Business and Entrepreneurship.

Same As/Similar To

HB7413 (Related) 2020-06-29 - Referred to the House Committee on Small Business.
SB4954 (Related) 2020-12-03 - Read twice and referred to the Committee on Small Business and Entrepreneurship.

Subjects


US Congress State Sources


Bill Comments

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