S.4321: Continuing Small Business Recovery and Paycheck Protection Program Act

About This Bill

  • Introduced July 27, 2020
  • Latest Major Action July 27, 2020

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Bill Summary

Continuing Small Business Recovery and Paycheck Protection Program Act This bill establishes funding for, expands, and provides additional economic assistance to small businesses in response to COVID-19 (i.e., coronavirus disease 2019). Specifically, the Small Business Administration (SBA) is authorized to provide second draw loans of up to $2 million under the Paycheck Protection Program. A recipient shall be eligible for forgiveness of a...

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There are 3 statements associated with S.4321.

Bill Actions

Date Description
July 27, 2020
Read twice and referred to the Committee on Small Business and Entrepreneurship.
July 27, 2020

Introduced in the Senate by Marco Rubio (R-Fla.)

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