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Calculate PPP Forgiveness Act of 2020

USA116th CongressS-4171| Senate 
| Updated: 7/2/2020
Angus S. King

Angus S. King

Independent Senator

Maine

Cosponsors (1)
John Kennedy (Republican)

Small Business and Entrepreneurship Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
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.
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Timeline
Jun 29, 2020

Latest Companion Bill Action

HR 116-7413
Introduced in House
Jul 2, 2020
Introduced in Senate
Jul 2, 2020
Read twice and referred to the Committee on Small Business and Entrepreneurship.
  • June 29, 2020

    Latest Companion Bill Action

    HR 116-7413
    Introduced in House


  • July 2, 2020
    Introduced in Senate


  • July 2, 2020
    Read twice and referred to the Committee on Small Business and Entrepreneurship.

Commerce

Related Bills

  • HR 116-7413: Calculate PPP Forgiveness Act of 2020
  • S 116-4954: Simplifying PPP Forgiveness Act
Business expensesCardiovascular and respiratory healthEmergency medical services and trauma careGovernment information and archivesGovernment lending and loan guaranteesInfectious and parasitic diseasesSmall businessWages and earnings

Calculate PPP Forgiveness Act of 2020

USA116th CongressS-4171| Senate 
| Updated: 7/2/2020
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.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Jun 29, 2020

Latest Companion Bill Action

HR 116-7413
Introduced in House
Jul 2, 2020
Introduced in Senate
Jul 2, 2020
Read twice and referred to the Committee on Small Business and Entrepreneurship.
  • June 29, 2020

    Latest Companion Bill Action

    HR 116-7413
    Introduced in House


  • July 2, 2020
    Introduced in Senate


  • July 2, 2020
    Read twice and referred to the Committee on Small Business and Entrepreneurship.
Angus S. King

Angus S. King

Independent Senator

Maine

Cosponsors (1)
John Kennedy (Republican)

Small Business and Entrepreneurship Committee

Commerce

Related Bills

  • HR 116-7413: Calculate PPP Forgiveness Act of 2020
  • S 116-4954: Simplifying PPP Forgiveness Act
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Business expensesCardiovascular and respiratory healthEmergency medical services and trauma careGovernment information and archivesGovernment lending and loan guaranteesInfectious and parasitic diseasesSmall businessWages and earnings