Ask AI
S. 4171

Calculate PPP Forgiveness Act of 2020

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.

Read twice and referred to the Committee on Small Business and Entrepreneurship.

Sen. King, Angus S., Jr. [I-ME](I-ME)Sponsor
1 cosponsor1 R
1cosponsors1committees2actions2related bills8subjects
  1. IntroReferral

    Read twice and referred to the Committee on Small Business and Entrepreneurship.

    Small Business and Entrepreneurship Committee
  2. IntroReferral10000

    Introduced in Senate

Calculate PPP Forgiveness Act of 2020 — Informed