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S 4171 116th Congress Senate 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

Introduced: July 2, 2020 Introduced by: King, Angus S., Jr. Independent · Maine See on congress.gov
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This bill died when the 116th Congress ended
It never became law before the 116th Congress (2019–2020) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 2, 2020
Read twice and referred to the Committee on Small Business and Entrepreneurship.
Jul 2, 2020
Introduced in Senate
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 Plain-English summary Congressional Research Service

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 July 2, 2020

Read twice and referred to the Committee on Small Business and Entrepreneurship.

 Related & companion bills 2
  • HR 7413 Related bill Calculate PPP Forgiveness Act of 2020
  • S 4954 Related bill Simplifying PPP Forgiveness Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Republican 1
R
Kennedy, John
Louisiana · Jul 2, 2020
Cite this page click to expand
APA
U.S. Congress. (2026). S. 4171: Calculate PPP Forgiveness Act of 2020. 116th Congress. Open America. https://openamerica.io/bill/116-S-4171/
MLA
"S. 4171: Calculate PPP Forgiveness Act of 2020." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-S-4171/.
Bluebook (legal)
S. 4171, 116th Cong. (2026), https://openamerica.io/bill/116-S-4171/.
Markdown link
[S. 4171: Calculate PPP Forgiveness Act of 2020](https://openamerica.io/bill/116-S-4171/)
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