S. 4927 · 116th Congress
EIDL Forgiveness Act
- Stage
- In committee
- Sponsor
- Angus King
- Introduced
- 2020-11-30
- Latest action
- 2020-11-30 · Introduced in Senate
Summary
EIDL Forgiveness Act
This bill modifies the loan forgiveness determination for a paycheck protection loan by excluding from such determination any advance amount for an economic injury disaster loan that was made to the recipient in relation to COVID-19 (i.e., coronavirus disease 2019).