HR 6716
To amend the Small Business Act to include certain critical access hospitals in the paycheck protection program, and for other purposes.
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
This bill modifies the Paycheck Protection Program (PPP), which was created to help small businesses during the COVID-19 pandemic, to allow certain critical access hospitals to also apply for and receive PPP loans. Critical access hospitals are rural hospitals with limited bed sizes that provide 24-hour emergency services. The bill removes restrictions that previously prevented these hospitals from accessing PPP funds, even if they were facing bankruptcy or had outstanding debts to the federal government. This aims to provide financial support to hospitals in rural areas.
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