H.R. 7413 · 116th Congress
Calculate PPP Forgiveness Act of 2020
- Stage
- In committee
- Sponsor
- Ann Wagner
- Introduced
- 2020-06-29
- Latest action
- 2020-06-29 · Introduced in House
Summary
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.