HR 6522
PPP Expansion Act of 2020
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
This bill, the Paycheck Protection Program Expansion Act of 2020, expands eligibility for the Paycheck Protection Program (PPP) to include a wider range of organizations. Specifically, it allows labor, agricultural, and horticultural organizations, as well as nonprofit business leagues, chambers of commerce, and boards of trade, to apply for PPP loans. The goal is to provide additional financial support to small businesses and these related organizations that have been impacted by the COVID-19 pandemic. This expansion aims to bolster the economic recovery efforts.
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Primary sponsor
Cosponsors
Peter T. King
Sheila Jackson Lee
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