To modify terms related to the economic injury disaster loan program of the Small Business Administration for applicants affected by COVID-19, and for other purposes.

referredUnited States· United States Congress· EN

Introduced

17 April 2020

Last action

—

Status

Referred to the House Committee on Small Business.

Summary

This bill increases the maximum loan amount for a small business disaster loan made in response to COVID-19 (i.e., coronavirus disease 2019), and it requires the Small Business Administration to expedite the loan approval process for such loans. The fine for a conviction relating to a fraudulent claim for the payment or approval of such a loan shall be three times the amount of the loan.

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Documents

3 official files

Introduced in House (text)

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Introduced in House (text)
Introduced in House · EN · 17 April 2020
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Introduced in House (PDF)
Introduced in House · EN · 17 April 2020
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Introduced in House
summary · EN · 17 April 2020
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Sources

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Official source: https://www.congress.gov/bill/116th-congress/house-bill/6547
Open data entity: https://api.congress.gov/v3/bill/116/hr/6547