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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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.
Business expensesCardiovascular and respiratory healthEmergency medical services and trauma careGovernment information and archivesGovernment lending and loan guaranteesInfectious and parasitic diseasesSmall businessWages and earnings