United States · Bill · HR
H.R. 5190 (117th)
Small-Dollar PPP Forgiveness Simplification Act of 2021
Introduced
7 September 2021
Last action
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Status
Referred to the House Committee on Small Business.
Sponsors
—
Subjects
Discovery layer
Source updated
3 January 2025
Summary
Small-Dollar PPP Forgiveness Simplification Act of 2021 This bill makes changes to the Paycheck Protection Program (PPP) to with respect to forgiveness of certain PPP loans. Specifically, the bill includes as covered loans under the PPP loan forgiveness program excess loan amounts that were received due to a good faith error. The bill also increases the threshold, from $150,000 to $350,000, used to determine whether a PPP loan may use the simplified forgiveness application.
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Votes
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Versions
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Documents
3 official files
Introduced in House (text)
Introduced in House (text)
Introduced in House · EN · 7 September 2021
Introduced in House (PDF)
Introduced in House · EN · 7 September 2021
Introduced in House
summary · EN · 7 September 2021
Sponsors
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Related records
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Sources
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- Official source: https://www.congress.gov/bill/117th-congress/house-bill/5190
- Open data entity: https://api.congress.gov/v3/bill/117/hr/5190