,i  #aaf? ,,congress  #b;d ,session  ,h4
 ,r4 #fcbd  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,m>* #bc1 #bjbj,mr4   
,pappas 7= himself1 ,mr4 ,rose ( ,new   
,york1 ,ms4 ,k5dra ,s4 ,horn (          
,oklahoma1 ,ms4 ,norton1 ,mr4 ,c>son (  
,indiana1 ,ms4 ,wild1 ,ms4              
,muc>sel-,p[ell1 ,mr4 ,panetta1 ,mrs4   
,hayes1 ,ms4 ,ku/] ( ,new ,hamp%ire1 &  
,ms4 ,p+ree7 introduc$ ! foll[+ bill2   
:i* 0 ref]r$ to ! ,committee on ,small  
,bus9ess  ,a ,,bill  ,to am5d ! ,small  
,bus9ess ,act to provide no int]e/ rate 
loans to small bus9esses & non-pr(it    
entities impact$ by ! coronavirus       
7,,covid-#ai71 & = o!r purposes4  #a4   
,%ort title ,?is ,act may be cit$ z !   
,too ,small to ,fail ,act4  #b4         
,f9ancial assi/ance to small bus9esses &
 non-pr(it entities ,section #g ( !     
,small ,bus9ess ,act 7#ae ,u4,s4,c4     
#fcf7 is am5d$ by add+ at ! end ! foll[+
 new subsection3  7k7 ,coronavirus      
relat$ loans  7#a7 ,9 g5]al ,!          
,adm9i/ration %all waive ! cr$it else:]e

 requirem5t ( subsection 7a77#a7 = loans
 to small bus9esses & non-pr(it entities
 affect$ by ! coronavirus 7,,covid-#ai74
 ,su* loans %all be provid$ by !        
,adm9i/ration at no int]e/ rate4  7#b7  
,au?orization ( appropriations ,= an    
additional am\nt = ! ,disa/] ,loans     
,program ,acc\nt = ! co/ ( direct loans 
au?oriz$ by section #g7;b7 ( ! ,small   
,bus9ess ,act & = subsidiz+ int]e/      
rates1 #cej1jjj1jjj1jjj1 to rema9       
available until exp5d$1 except t-- 7,a7 
n to exce$ #bbe1jjj1jjj may be transf]r$
 to & m]g$ ) ,sal>ies & ,exp5ses =      
adm9i/rative exp5ses to c>ry out !      
disa/] loan program au?oriz$ by section 
#g7;b7 ( ! ,small ,bus9ess ,act2 &  7,b7
 none ( ! funds provid$ "u ?is head+ may
 be us$ = indirect adm9i/rative exp5ses4
  7#c7 ,em]g5cy requirem5t ,! am\nt     
provid$ "u p>agraph 7#b7 is designat$ z 
an em]g5cy requirem5t pursuant to       
section #bea7;b77#b77;,a77i7 ( !        
,balanc$ ,budget & ,em]g5cy ,deficit    
,control ,act ( #aihe & ! am\nt         

designat$ "u su* p>agraph z an em]g5cy  
requirem5t pursuant to su* section      
#bea7;b77#b77;,a77i7 %all be available  
only if ! ,presid5t subsequ5tly s       
designates su* am\nt & transmits su*    
designation to ! ,congress4  7#d7       
,susp5sion ( paym5t ,! ,adm9i/ration is 
au?oriz$ to susp5d ! paym5t ( any loan  
made "u ?is ,act to any small bus9ess or
 non-pr(it entity affect$ by !          
coronavirus 7,,covid-#ai7 = a p]iod     
det]m9$ by ! ,adm9i/ration4  4  #c4     
,em]g5cy ,,eidl grants  7a7 ,,eidl      
em]g5cy grant  7#a7 ,9 g5]al ,dur+ !    
cov]$ p]iod1 an eligible entity t       
applies = a loan "u section #g7;b77#b7 (
 ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4  
#fcf7;b77#b77 9 response to ,,covid-#ai 
may reque/ t ! ,adm9i/rator provide an  
advance 9 ! am\nt reque/$ by su*        
applicant 7n to exce$ #ae1jjj7 to su*   
applicant )9 #c days aft] ! ,adm9i/rator
 receives an application f su*          
applicant4  7#b7 ,v]ification ,be=e     
disburs+ am\nts "u ?is subsection1 !    

,adm9i/rator %all v]ify t ! applicant is
 an eligible entity4  7#c7 ,use ( funds 
,an advance provid$ "u ?is subsection   
may be us$ to address any all[able      
purpose = a loan made "u section        
#g7;b77#b7 ( ! ,small ,bus9ess ,act 7#ae
 ,u4,s4,c4 #fcf7;b77#b771 includ+-- 7,a7
 provid+ paid sick leave to employees   
unable to "w due to ! direct effect ( ! 
,,covid-#ai2  7,b7 ma9ta9+ payroll to   
reta9 employees dur+ bus9ess disruptions
 or sub/antial sl[d[ns2  7,c7 meet+     
increas$ co/s to obta9 mat]ials         
unavailable f ! applicant's orig9al     
s\rce due to int]rupt$ supply *a9s2     
7,d7 mak+ r5t or mortgage paym5ts2 &    
7,e7 repay+ obligations t _c be met due 
to rev5ue losses4  7#d7 ,repaym5t ,an   
applicant %all n be requir$ to repay any
 am\nts ( an advance provid$ "u ?is     
subsection1 ev5 if subsequ5tly d5i$ a   
loan "u section #g7;b77#b7 ( ! ,small   
,bus9ess ,act 7#ae ,u4,s4,c4            
#fcf7;b77#b774  7#e7 ,unemploym5t grant 
,if an applicant t receives an advance  

"u ?is subsection transf]s into ! loan  
program "u section #g7;a7 ( ! ,small    
,bus9ess ,act 7#ae ,u4,s4,c4 #fcf7;a771 
! advance am\nt %all be consid]$ :5     
det]m9+ loan =giv5ess = a loan = payroll
 co/s made "u su* section #g7;a74  7#f7 
,au?orization ( appropriations ,!re is  
au?oriz$ to be appropriat$ to ! ,small  
,bus9ess ,adm9i/ration #aj1jjj1jjj1jjj  
to c>ry out ?is subsection4  7#g7       
,t]m9ation ,! au?ority to c>ry out      
grants "u ?is subsection %all t]m9ate on
 ,decemb] #ca1 #bjbj4  7b7 ,def9itions  
,9 ?is ,act-- 7#a7 ! t]m cov]$ p]iod    
means ! p]iod beg9n+ on ,janu>y #ca1    
#bjbj1 & end+ on ,decemb] #ca1 #bjbj2   
7#b7 ! t]m eligible entity means-- 7,a7 
a />tup ) n m ?an #ejj employees2  7,b7 
any individual :o op]ates "u a sole     
proprietor%ip or z an indep5d5t         
contractor2  7,c7 a coop]ative ) n m ?an
 #ejj employees2 or  7,d7 an ,,esop 7z  
def9$ 9 section #c ( ! ,small ,bus9ess  
,act 7#ae ,u4,s4,c4 #fcb77 ) n m ?an    
#ejj employees2 &  7#c7 ! t]m           

,,covid-#ai means ! virus ,,s>s-,co,v-#b
 & ! result+ disease ,,covid-#ai or     
ano!r coronavirus ) p&emic pot5tial4