Calculate PPP Forgiveness Act of 2020
United States116th CongressHR-7413House of Representatives
Updated: Jun 29, 2020
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.
Bill texts
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Timeline
Introduced in House
Referred to the House Committee on Small Business.
House of Representatives
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