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Simplifying PPP Forgiveness Act

Introduced: December 3, 2020 Introduced by: Kennedy, John Republican · Louisiana 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
Dec 3, 2020
Read twice and referred to the Committee on Small Business and Entrepreneurship.
Dec 3, 2020
Introduced in Senate
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 Plain-English summary Congressional Research Service

This bill revises the Paycheck Protection Program, established to support small businesses in response to COVID-19 (i.e., coronavirus disease 2019), to simplify the application process for loan forgiveness and to establish or certify an online calculator that allows loan recipients to (1) estimate the amount of forgiveness for which they are eligible, and (2) assist with their loan forgiveness applications.

What's happening now December 3, 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 4171 Related bill Calculate PPP Forgiveness Act of 2020
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
Cite this page click to expand
APA
U.S. Congress. (2026). S. 4954: Simplifying PPP Forgiveness Act. 116th Congress. Open America. https://openamerica.io/bill/116-S-4954/
MLA
"S. 4954: Simplifying PPP Forgiveness Act." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-S-4954/.
Bluebook (legal)
S. 4954, 116th Cong. (2026), https://openamerica.io/bill/116-S-4954/.
Markdown link
[S. 4954: Simplifying PPP Forgiveness Act](https://openamerica.io/bill/116-S-4954/)
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