,i  #aaf? ,,congress  #b;d ,session  ,h4
 ,r4 #fgee  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,may #h1 #bjbj,mr4    
,fo/] introduc$ ! foll[+ bill2 :i* 0    
ref]r$ to ! ,committee on ,small        
,bus9ess  ,a ,,bill  ,to am5d ! ,small  
,bus9ess ,act to revise requirem5ts "u !
 pay*eck protection program1 & = o!r    
purposes4  #a4 ,%ort title ,?is ,act may
 be cit$ z ! ,,ppp ,small ,bus9ess      
,support ,act 4  #b4 ,am5dm5ts to !     
,pay*eck ,protection ,program ,section  
#g7;a77#cf7 ( ! ,small ,bus9ess ,act    
7#ae ,u4,s4,c4 #fcf7;a77#cf771 z am5d$  
by subsection 7b77#b71 is fur!r am5d$-- 
7#a7 9 subp>agraph 7,p7-- 7,a7 by am5d+ 
clause 7i7 to read z foll[s3  7i7 ,9    
g5]al ,! ,adm9i/rator %all reimburse a  
l5d] au?oriz$ to make a cov]$ loan z    
foll[s3 7,i7 ,= ea* cov]$ loan made by !
 l5d]1 #a1jjj4  7,,ii7 ,9 addition to ! 
am\nt 9 subclause 7,i71 an am\nt bas$ on
 ! balance ( ! f9anc+ out/&+ at ! "t (  
disbursem5t ( ! cov]$ loan1 equal to--  
7aa7 #aj p]c5t ( ! am\nt ( su* balance t

 does n exce$ #ajj1jjj1 plus  7bb7 #c   
p]c5t ( ! am\nt ( su* balance t exce$s  
#ajj1jjj b does n exce$ #a1jjj1jjj1 plus
  7cc7 #j4b p]c5t ( ! am\nt ( su*       
balance t exce$s #a1jjj1jjj4  2  7,b7 by
 r$esignat+ clauses 7ii7 ?r\gh 7iv7 z   
clauses 7iii7 ?r\gh 7v71 respectively2 &
  7,c7 by ins]t+ aft] clause 7i7 !      
foll[+ new clause3  7ii7 ,small l5d]s ,9
 addition to reimbursem5t receiv$ "u    
clause 7i71 ! ,adm9i/rator %all         
reimburse a l5d] ) consolidat$ assets ( 
less ?an #ej1jjj1jjj1jjj t is au?oriz$  
to make a cov]$ loan #bej = ea* cov]$   
loan made to an eligible recipi5t1 if   
su* eligible recipi5t 0 n a cu/om] ( su*
 l5d] be=e apply+ = assi/ance "u ?is    
p>agraph4  2 &  7#b7 by add+ at ! end ! 
foll[+ new subp>agraph3  7,x7           
,prioritization ,) respect to am\nts    
appropriat$ to c>ry out ?is p>agraph on 
or aft] ! date ( ! enactm5t ( ?is       
subp>agraph1 ! ,adm9i/rator %all1 = ea* 
su* appropriation1 9 consultation ) !   
,secret>y ( ! ,treasury1 det]m9e :e!r ! 

project$ aggregate dem& = cov]$ loans "u
 ?is p>agraph w likely exce$ ! am\nt    
appropriat$ to c>ry out ?is p>agraph &1 
if ! ,adm9i/rator s det]m9es1 !         
,adm9i/rator & ,secret>y %all1 prior to 
! obligation ( any su* appropriat$      
am\nts1 jo9tly develop a process to     
prioritize provid+ gu>antees = cov]$    
loans ) a pr9cipal am\nt ( #cjj1jjj or  
less us+ su* appropriat$ funds4  4