HR 6475
To amend the Small Business Act to expand eligibility for 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 aims to broaden access to the Paycheck Protection Program (PPP), a program that provided loans to small businesses during the COVID-19 pandemic. Specifically, it expands eligibility to include financial businesses that lend money and legal gambling businesses. The changes are made to the Small Business Act to clarify which types of businesses can now apply for PPP loans. This expansion seeks to support a wider range of small businesses struggling financially.
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Primary sponsor
Cosponsors
Carolyn B. Maloney
Ed Perlmutter
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