S. 4607 · 116th Congress
Disaster Relief for Southeastern Small Businesses Act of 2020
- Stage
- In committee
- Sponsor
- John Kennedy
- Introduced
- 2020-09-17
- Latest action
- 2020-09-17 · Introduced in Senate
Summary
Disaster Relief for Southeastern Small Businesses Act of 2020
This bill establishes loan forgiveness for a recipient of a paycheck protection loan or an economic injury disaster loan made or guaranteed by the Small Business Administration in response to COVID-19 (i.e., coronavirus disease 2019) to a recipient located in an area for which the President declared a major disaster related to Hurricane Laura or Hurricane Sally.