Small Business Lending Continuity Act of 2020

Summary

Official

Small Business Lending Continuity Act of 2020 This bill revises the authorization for certain Small Business Administration (SBA) loan products currently linked to the Paycheck Protection Program that was implemented in response to COVID-19 (i.e., coronavirus disease 2019). Under current law, the authorization for the Paycheck Protection Program and the SBA's standard...

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Bill Progress

Passed Senate, sent to House

Introduced(5/20/20)

Committee

Passed House

Passed Senate

President

Law

Sponsor

Ms. Duckworth

Senate (D) Illinois

Cosponsors (6)

Cardin

(D) MD

Rubio

(R) FL

Blackburn

Senate (R) Tennessee

Coons

Senate (D) Delaware

Shaheen

Senate (D) New Hampshire

Risch

Senate (R) Idaho

Topics

Health

Government Spending & Operations

Business & Finance

Employment

Latest Action

Committee on Small Business and Entrepreneurship. Hearings held. Hearings printed: S.Hrg. 116-604.

Jun 3, 2020