Small Business COVID–19 Debt Relief Extension Act of 2020
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Oct 27, 2020)
Small Business COVID-19 Debt Relief Extension Act of 2020
This bill extends for an additional six months the Small Business Debt Relief Program, under which the Small Business Administration (SBA), in response to COVID-19 (i.e., coronavirus disease 2019), was authorized to subsidize six months of payments for certain SBA-backed loan products on behalf of the recipients of these loans. Further, a small business that submits a new application for an SBA-backed loan prior to March 30, 2021, may receive a six month subsidy.
What just happenedOct 27, 2020
Referred to the House Committee on Small Business.
Who’s behind it
- Introduced in HouseOct 27, 2020
- Oct 27, 2020IntroReferralH11100
Referred to the House Committee on Small Business.
Small Business Committee - Oct 27, 2020IntroReferralIntro-H
Introduced in House
- Oct 27, 2020IntroReferral1000
Introduced in House