To amend the Small Business Act to expand eligibility for the paycheck protection program, and for other purposes.

United States116th CongressHR-6475House of Representatives
Updated: Apr 10, 2020

Summary

This bill expands eligibility for the Paycheck Protection Program, through which the Small Business Administration may temporarily guarantee certain loans to small businesses during the COVID-19 (i.e., coronavirus disease 2019) pandemic, to include (1) financial businesses primarily engaged in the business of lending, and (2) legal gambling businesses.

Bill texts

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Introduced (House)View official text

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Timeline

  1. Introduced in House

  2. Referred to the House Committee on Small Business.

    House of Representatives

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