Calculate PPP Forgiveness Act of 2020

2020-06-29

Introduced in House

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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