HR 7413
116th Congress
House
Commerce
Business expenses
Cardiovascular and respiratory health
Emergency medical services and trauma care
Government information and archives
Government lending and loan guarantees
Infectious and parasitic diseases
Small business
Wages and earnings
Calculate PPP Forgiveness Act of 2020
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 29, 2020
Referred to the House Committee on Small Business.
Jun 29, 2020
Introduced in House
Plain-English summary
Calculate PPP Forgiveness Act of 2020
This bill 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.
What's happening now
Referred to the House Committee on Small Business.
Committees of jurisdiction
1