H.R. 6475 · 116th Congress
To amend the Small Business Act to expand eligibility for the paycheck protection program, and for other purposes.
- Stage
- In committee
- Sponsor
- Al Green
- Introduced
- 2020-04-10
- Latest action
- 2020-04-10 · Introduced in House
Summary
This bill expands eligibility for the Paycheck Protection Program, through which the Small Business Administration may temporarily guarantee certain loans to small businesses during the COVID-19 (i.e., coronavirus disease 2019) pandemic, to include (1) financial businesses primarily engaged in the business of lending, and (2) legal gambling businesses.