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- H.R.6268
H.R.6268: SBA Business Stabilization Direct Loan Program Act of 2020
About This Bill
- Introduced March 12, 2020
- Latest Major Action March 12, 2020
Bill Sponsor
Bill Cosponsors
8 (All Democrats)
Bill Version
- Introduced in House - March 12, 2020
Bill Summary
SBA Business Stabilization Direct Loan Program Act of 2020 This bill requires the Small Business Administration (SBA) to temporarily make loans directly to small businesses located in a U.S. state or territory with a confirmed or presumed positive case of COVID-19 (i.e., coronavirus disease 2019). A recipient of such a loan may use the funds to, among other things (1) make periodic payments of principal and interest on outstanding SBA loans;...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| March 12, 2020 |
Referred to the House Committee on Small Business.
|
| March 12, 2020 |
Introduced in the House by Nydia M. Velázquez (D-N.Y.) |