3.0.0 3541 2022-02-08T23:16:10Z 2022-02-08T23:16:10Z Senate S 2020-03-19 116 sssb00 Small Business and Entrepreneurship Committee Senate Standing Referred to 2020-03-19T19:46:08Z 2020-03-19 sssb00 Small Business and Entrepreneurship Committee Senate Read twice and referred to the Committee on Small Business and Entrepreneurship. IntroReferral 2020-03-19 Introduced in Senate IntroReferral 10000 9 Library of Congress B001230 Sen. Baldwin, Tammy [D-WI] Tammy Baldwin D WI N Commerce Cardiovascular and respiratory health Disaster relief and insurance Emergency medical services and trauma care Employee benefits and pensions Government lending and loan guarantees Infectious and parasitic diseases Small business Wages and earnings Worker safety and health Commerce 00 2020-03-19 Introduced in Senate 2020-04-10T10:38:00Z This bill establishes certain measures related to small business disaster loans made in response to COVID-19 (i.e., coronavirus disease 2019).

Specifically, the bill authorizes the Small Business Administration to forgive the outstanding principal balance of a small business disaster loan made in response to COVID-19 if the borrower maintains all of its employees at full pay and benefits throughout the duration of the declared national emergency. The bill also raises the maximum amount for a disaster loan made in response to COVID-19, and it waives the requirement that a borrower demonstrate an inability to obtain credit elsewhere.

]]> A bill to modify requirements relating to small business disaster loans made in response to COVID-19, and for other purposes. Display Title A bill to modify requirements relating to small business disaster loans made in response to COVID-19, and for other purposes. Official Title as Introduced A bill to modify requirements relating to small business disaster loans made in response to COVID-19, and for other purposes. Introduced in Senate IS Introduced in Senate 2020-03-19T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116s3541is/xml/BILLS-116s3541is.xml 2020-03-19 Read twice and referred to the Committee on Small Business and Entrepreneurship. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.