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United States · Bill · HR

H.R. 2615 (117th)

PPP Second Draw Fairness Act of 2021

referredUnited States· United States Congress· EN

Introduced

16 April 2021

Last action

Status

Referred to the House Committee on Small Business.

Sponsors

Subjects

Discovery layer

Source updated

3 January 2025

Summary

PPP Second Draw Fairness Act of 2021 This bill allows applicants for second draw loans under the Paycheck Protection Program, established to support small businesses in response to COVID-19 (i.e., coronavirus disease 2019), to select any consecutive 90-day period in 2020 from which to demonstrate a qualifying loss in revenue that makes them eligible for such loans. Currently, this qualification period must align with a corresponding calendar quarter from the previous year.

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Documents

3 official files

Introduced in House (text)

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