,,ii #aafth ,,congress #b;d ,session ,s4 #ceda ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,march #ai1 #bjbj,mr4 ,schumer 7for ,ms4 ,baldwin7 introduced the following bill2 which was read twice and referred to the ,committee on ,small ,business and ,entrepreneurship ,a ,,bill ,to modify requirements relating to small business disaster loans made in response to ,,covid-#ai1 and for other purposes4 #a4 ,disaster loans related to ,,covid-#ai ,with respect to a loan made under section #g7;b77#b7 of the ,small ,business ,act 7#ae ,u4,s4,c4 #fcf7;b77#b77 in response to ,,covid-#ai-- 7#a7 the ,small ,business ,administration may forgive the outstanding principal balance of the loan if the borrower maintains all of its employees at full pay and full benefits throughout the duration of the emergency involving ,federal primary responsibility determined to exist by the ,president under the section #eja7;b7 of the ,robert ,t4 ,stafford ,disaster ,relief and ,emergency ,assistance ,act 7#db ,u4,s4,c4 #eaia7;b77 with respect to the ,coronavirus ,disease #bjai 7,,covid-#ai72 7#b7 the maximum loan amount shall be #aj1jjj1jjj2 and 7#c7 the requirement that the borrower demonstrate that it is unable to obtain credit elsewhere is waived4