S 310
PPP Access for Rural Hospitals Act
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- Passed Senate
- Passed House
- To President
- Became Law
Bill overview
This bill, the PPP Access for Rural Hospitals Act, aims to expand access to the Paycheck Protection Program (PPP) for hospitals that serve rural communities or low-income populations. It specifically includes critical care hospitals – defined as hospitals located in rural areas or those receiving specific payments – within the eligibility criteria for PPP loans. The legislation modifies the Small Business Act to clarify how these hospitals are classified and to ensure they can participate in the program. This would provide financial assistance to hospitals vital to underserved areas.
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