To permit payments for certain business software or cloud computing services as allowable uses of a loan made under the Paycheck Protection Program of the Small Business Administration.
This bill expands allowable and forgivable uses of a loan made pursuant to the Paycheck Protection Program, enacted to support small businesses in response to COVID-19 (i.e., coronavirus disease 2019), to include payment for any business software or cloud computing service that facilitates certain business operations or processes.
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Timeline
Introduced in House
Referred to the House Committee on Small Business.
Introduced in House
Referred to the House Committee on Small Business.
Commerce
Broadcasting, cable, digital technologiesCardiovascular and respiratory healthComputers and information technologyGovernment lending and loan guaranteesInfectious and parasitic diseases
To permit payments for certain business software or cloud computing services as allowable uses of a loan made under the Paycheck Protection Program of the Small Business Administration.
USA116th CongressHR-8620| House
| Updated: 10/16/2020
This bill expands allowable and forgivable uses of a loan made pursuant to the Paycheck Protection Program, enacted to support small businesses in response to COVID-19 (i.e., coronavirus disease 2019), to include payment for any business software or cloud computing service that facilitates certain business operations or processes.
Broadcasting, cable, digital technologiesCardiovascular and respiratory healthComputers and information technologyGovernment lending and loan guaranteesInfectious and parasitic diseases