,,ii #aaf? ,,congress #b;d ,session ,s4 #cfjd ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,may #e1 #bjbj,mr4 ,c>d9 7= himself1 ,mrs4 ,%ahe51 ,mr4 ,br[n1 ,mr4 ,s*um]1 ,mr4 ,man*91 & ,mr4 ,re$7 introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,small ,bus9ess & ,entrepr5eur%ip ,a ,,bill ,to require ! ,adm9i/rator ( ! ,small ,bus9ess ,adm9i/ration to report on ,,covid-#ai recov]y small bus9ess programs1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,transp>5cy & ,ov]sight ( ,,covid-#ai ,small ,bus9ess ,assi/ance ,act4 #b4 ,f9d+s & purpose 7a7 ,f9d+s ,congress f9ds t-- 7#a7 on ,janu>y #ba1 #bjbj1 ! fir/ case ( ,,covid-#ai 0 confirm$ 9 ! ,unit$ ,/ates2 7#b7 m ?an #a1jca1fei p 9 ! ,unit$ ,/ates h s9ce te/$ positive & #fj1jeg p 9 ! ,unit$ ,/ates h di$ f complications relat$ to ,,covid-#ai2 7#c7 ne>ly a qu>t] ( ! #cj1gjj1jjj small bus9ess conc]ns 9 ! ,unit$ ,/ates are at risk ( p]man5t closure ov] ! com+ mon?s2 7#d7 on ,m>* #bg1 #bjbj1 ! ,coronavirus ,aid1 ,relief1 & ,economic ,security ,act 7,public ,law #aaf-acf71 also kn[n z ! ,,c>es ,act1 0 sign$ into law to provide relief to own]s ( small bus9ess conc]ns t ne$ support = ongo+ op]ations dur+ ?is unprec$5t$ public heal? & economic crisis2 7#e7 ! ,,c>es ,act 7,public ,law #aaf-acf7 includ$ #cgg1jjj1jjj1jjj to e/abli% ! pay*eck protection program "u section #g7;a77#cf7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fcf7;a77#cf771 ! em]g5cy economic injury disa/] loan grant program "u section #aaaj ( ! ,,c>es ,act 7,public ,law #aaf-acf71 & ! debt relief program "u section #aaab ( su* ,act2 7#f7 on ,april #bd1 #bjbj1 ! ,pay*eck ,protection ,program & ,heal? ,c>e ,enhancem5t ,act 7,public ,law #aaf-aci7 0 enact$ to repl5i% fund+ = ^? small bus9ess programs along ) important policy re=ms to exp& access to assi/ance f ! ,adm9i/ration to m unbank$ & und]s]v$ bus9esses2 7#g7 ! fund+ 9 ! ,pay*eck ,protection ,program & ,heal? ,c>e ,enhancem5t ,act 7,public ,law #aaf-aci7 includ$ #caj1jjj1jjj1jjj = ! pay*eck protection program e/abli%$ "u section #g7;a77#cf7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fcf7;a77#cf771 #ej1jjj1jjj1jjj to lev]age m ?an #cej1jjj1jjj1jjj = ! economic injury disa/] loan program "u section #g7;b77#b7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fcf7;b77#b71 & #aj1jjj1jjj1jjj = ! em]g5cy economic injury disa/] loan grant program e/abli%$ "u section #aaaj ( ! ,,c>es ,act 7,public ,law #aaf-acf72 7#h7 to support implem5tation & ov]sight ( ^! programs1 :i* are unprec$5t$ 9 scale = ! ,adm9i/ration1 ! ,,c>es ,act 7,public ,law #aaf-acf7 & ! ,pay*eck ,protection ,program & ,heal? ,c>e ,enhancem5t ,act 7,public ,law #aaf-aci7 provid$ ! ,adm9i/ration ) #fge1jjj1jjj & #b1ajj1jjj1jjj = sal>ies & exp5ses ( ! ,adm9i/ration1 respectively2 7#i7 9 spite ( ?is support1 & prec$5t = po/+ borr[] & l5d] in=mation ?r\gh ,fre$om ( ,in=mation ,act reque/s & program sp5d+ updates "u ! ,vet]ans ,entrepr5eur%ip ,act ( #bjae 7,public ,law #aad-ch2 #abi ,/at4 #dcg71 nei!r ! public nor policymak]s are gett+ in=mation 9 a timely or complete way ab\t h[ _m loans & grants are be+ approv$ & disburs$1 :o is gett+ ! fund+1 activity by l5d]1 h[ _m jobs h be5 sav$1 geographic & demographic in=mation ab\t ! borr[]s1 or :5 ! fund+ w run out2 7#aj7 ! fir/ "t ,congress receiv$ data on ! pay*eck protection program e/abli%$ "u section #g7;a77#cf7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fcf7;a77#cf77 0 ,april #ad1 #bjbj1 almo/ a week aft] ! ,adm9i/ration ann\nc$ t ! program 0 runn+ out ( fund+ & reque/$ an additional #bej1jjj1jjj1jjj to meet dem&2 7#aa7 ! ,adm9i/ration has provid$ limit$ data on bo? ! availability & ! di/ribution ( funds "u ! economic injury disa/] loan & em]g5cy economic injury disa/] loan grant programs1 mak+ x difficult = ,congress to assess dem& & to det]m9e ! ne$ = additional fund+2 & 7#ab7 ! ,adm9i/ration %\ld provide ess5tial data on small bus9ess programs e/abli%$ "u ! ,,c>es ,act 7,public ,law #aaf-acf7 & ! ,pay*eck ,protection ,program & ,heal? ,c>e ,enhancem5t ,act 7,public ,law #aaf-aci7 on a daily & weekly basis1 along ) o!r long] t]m report+ requirem5ts to provide transp>5cy & ov]sight ( ^! loans & grants t are vital to small bus9ess conc]ns & nonpr(it organizations4 7b7 ,purpose ,! purpose ( ?is ,act is to provide transp>5cy & ov]sight ( recov]y programs ( ! ,adm9i/ration relat$ to ,,covid-#ai by requir+ timely & complete report+ & public availability ( data relat+ to ! pay*eck protection program "u section #g7;a77#cf7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fcf7;a77#cf771 ! economic injury disa/] loan program "u section #g7;b77#b7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fcf7;b77#b77 9 accordance ) section #aaaj ( ! ,,c>es ,act 7,public ,law #aaf-acf71 ! em]g5cy economic injury disa/] loan grant program e/abli%$ "u section #aaaj ( ! ,,c>es ,act 7,public ,law #aaf-acf71 & ! debt relief program "u section #aaab ( su* ,act4 #c4 ,def9itions ,9 ?is ,act-- 7#a7 ! t]ms ,adm9i/ration & ,adm9i/rator mean ! ,small ,bus9ess ,adm9i/ration & ! ,adm9i/rator !re(2 7#b7 ! t]m appropriate congressional committees means-- 7,a7 ,committee on ,appropriations1 ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs1 & ! ,committee on ,small ,bus9ess & ,entrepr5eur%ip ( ! ,s5ate2 & 7,b7 ! ,committee on ,appropriations1 ! ,committee on ,f9ancial ,s]vices1 & ! ,committee on ,small ,bus9ess ( ! ,h\se ( ,repres5tatives2 7#c7 ! t]m community f9ancial in/itutions has ! mean+ giv5 ! t]m 9 section #g7;a77#cf77;,a7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fcf7;a77#cf77;,a772 7#d7 ! t]m cov]$ assi/ance means-- 7,a7 loans made "u section #g7;a77#cf7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fcf7;a77#cf772 7,b7 em]g5cy grants made "u section #aaaj7;e7 ( ! ,,c>es ,act 7,public ,law #aaf-acf72 7,c7 loans made "u section #g7;b77#b7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fcf7;b77#b77 9 accordance ) section #aaaj ( ! ,,c>es ,act 7,public ,law #aaf-acf72 7,d7 loan =giv5ess "u section #aajf ( ! ,,c>es ,act 7,public ,law #aaf-acf72 & 7,e7 ! paym5t ( pr9cipal1 int]e/1 & fees "u section #aaab7;c7 ( ! ,,c>es ,act 7,public ,law #aaf-acf72 7#e7 ! t]m cov]$ loan has ! mean+ giv5 ! t]m 9 section #aaab7;a7 ( ! ,,c>es ,act 7,public ,law #aaf-acf72 7#f7 ! t]m demographics means vet]an /atus1 g5d]1 race1 & e?nicity1 z report$ on ,=m #aiai ( ! ,adm9i/ration or any simil> loan application =m ( ! ,adm9i/ration2 & 7#g7 ! t]m ,/ate-- 7,a7 means any ,/ate ( ! ,unit$ ,/ates1 ! ,di/rict ( ,columbia1 ! ,commonweal? ( ,pu]to ,rico1 ! ,unit$ ,/ates ,virg9 ,isl&s1 ,guam1 ,am]ican ,samoa1 ! ,commonweal? ( ! ,nor!rn ,m>iana ,isl&s1 & any possession ( ! ,unit$ ,/ates2 & 7,b7 includes an ,indian tribe1 z def9$ 9 section #d ( ! ,indian ,self-,det]m9ation & ,education ,assi/ance ,act 7#be ,u4,s4,c4 #dej;b74 #d4 ,report+ requirem5ts = ,,covid-#ai recov]y small bus9ess programs 7a7 ,daily report+ 7#a7 ,9 g5]al ,dur+ ! p]iod beg9n+ on ! day aft] ! date ( enactm5t ( ?is ,act & end+ on ! date on :i* loan1 grant1 or paym5t activity describ$ 9 ?is subsection relat$ to ,,covid-#ai has ceas$1 ! ,adm9i/rator %all1 on a daily basis1 report to ,congress on-- 7,a7 ! total numb] & doll> am\nt ( loans or grants1 brok5 d[n by loans & grants approv$ & loans & grants disburs$1 "u-- 7i7 section #g7;a77#cf7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fcf7;a77#cf772 7ii7 section #aaaj7;e7 ( ! ,,c>es ,act 7,public ,law #aaf-acf72 & 7iii7 section #g7;b77#b7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fcf7;b77#b77 9 accordance ) section #aaaj ( ! ,,c>es ,act 7,public ,law #aaf-acf72 7,b7 = loans made "u section #g7;a77#cf7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fcf7;a77#cf77-- 7i7 ! am\nt ( rema9+ au?ority & funds = ! loans1 9 doll> am\nt & z a p]c5tage2 & 7ii7 an e/imate ( ! date on :i* ! net & gross doll> am\nt ( loans w rea* ! maximum am\nt au?oriz$ = commitm5ts & relat$ funds = su* loans2 7,c7 = grants made "u section #aaaj7;e7 ( ! ,,c>es ,act 7,public ,law #aaf-acf7-- 7i7 ! am\nt ( rema9+ au?ority & funds appropriat$ = ! grants1 9 doll> am\nt & z a p]c5tage2 & 7ii7 an e/imate ( ! date on :i* ! net & gross doll> am\nt ( loans w rea* ! maximum am\nt au?oriz$ = commitm5ts & relat$ funds = su* grants2 & 7,d7 = loans made "u section #g7;b77#b7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fcf7;b77#b77 9 accordance ) section #aaaj ( ! ,,c>es ,act 7,public ,law #aaf-acf7-- 7i7 ! am\nt ( rema9+ au?ority & funds = ! loans1 9 doll> am\nt & z a p]c5tage2 & 7ii7 an e/imate ( ! date on :i* ! net & gross doll> am\nt ( loans w rea* ! maximum am\nt au?oriz$ = commitm5ts & relat$ funds = su* loans4 7#b7 ,report+ on debt relief = microloans1 #g7;a7 loans1 & #ejd loans ,! ,adm9i/rator %all include 9 ea* daily report submitt$ "u p>agraph 7#a71 & update z frequ5tly z ! data is available & n less frequ5tly ?an on a mon?ly basis until ! date describ$ 9 p>agraph 7#a71 ) respect to paym5ts made on cov]$ loans "u section #aaab7;c7 ( ! ,,c>es ,act 7,public ,law #aaf-acf7-- 7,a7 ! am\nt ( rema9+ funds appropriat$ = ! paym5ts1 9 doll> am\nt & z a p]c5tage2 & 7,b7 an e/imate ( ! date on :i* ! funds w be exp5d$4 7#c7 ,retroactive data ,n lat] ?an #ad days aft] ! date ( enactm5t ( ?is ,act1 ! ,adm9i/rator %all submit to ,congress a report t conta9s ! data describ$ 9 p>agraphs 7#a7 & 7#b71 brok5 d[n on a daily basis 9 accordance ) ^? p>agraphs1 ) respect to ! assi/ance describ$ 9 ^? p>agraphs t 0 made available dur+ ! p]iod beg9n+ on ! date ( enactm5t ( ! ,,c>es ,act 7,public ,law #aaf-acf7 & end+ on ! day be=e ! date ( enactm5t ( ?is ,act4 7b7 ,weekly report+ 7#a7 ,9 g5]al ,n lat] ?an #a week aft] ! date ( enactm5t ( ?is ,act1 & e week !reaft] until ! date on :i* loan1 grant1 or paym5t activity describ$ 9 ?is subsection relat$ to ,,covid-#ai has ceas$1 ! ,adm9i/rator %all submit to ,congress a report on-- 7,a7 loans made "u section #g7;a77#cf7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fcf7;a77#cf771 :i* %all include-- 7i7 ! numb] & doll> am\nt ( loans approv$ = & ! numb] & doll> am\nt ( loans disburs$ to all borr[]s1 includ+-- 7,i7 a break\t ( loans by ,/ate1 congressional di/rict1 demographics1 indu/ry1 & loan size2 & 7,,ii7 a break\t ( loans by type ( p>ticipat+ l5d]1 includ+ a break\t = loans made by insur$ depository in/itutions1 cr$it unions1 & community f9ancial in/itutions describ$ 9 section #g7;a77#cf77,s7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fcf7;a77#cf77,s772 7ii7 ! numb] & doll> am\nt ( loans approv$ = & ! numb] & doll> am\nt ( loans disburs$ to bus9ess conc]ns assign$ a ,nor? ,am]ican ,indu/ry ,classification ,sy/em code beg9n+ ) #gb1 includ+ a break\t ( loans by ,/ate1 congressional di/rict1 demographics1 & loan size2 7iii7 ! numb] & doll> am\nt ( loans approv$ = & ! numb] & doll> am\nt ( loans disburs$ to fran*ises1 nonpr(it organizations1 & vet]ans organizations 7z ^? t]ms are def9$ 9 section #g7;a77#cf77;,a7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fcf7;a77#cf77;,a771 includ+ religi\s in/itutions1 includ+ a break\t ( loans by ,/ate1 congressional di/rict1 indu/ry1 & loan size2 7iv7 = ea* category ( borr[]s describ$ 9 clauses 7i71 7ii71 & 7iii7-- 7,i7 ! numb] ( employees ( ! borr[] at ! "t at :i* ! borr[] submits a loan application2 7,,ii7 ! numb] ( employees ( ! borr[] at ! "t at :i* ! borr[] receives loan =giv5ess "u section #aajf ( ! ,,c>es ,act 7,public ,law #aaf-acf72 & 7,,iii7 ! numb] ( employees expect$ to be reta9$ by ! borr[] z a result ( ! loan :o o!rwise w\ld h n h be5 reta9$2 7v7 ! numb] & doll> am\nt ( loans fully =giv5 "u section #aajf ( ! ,,c>es ,act 7,public ,law #aaf-acf71 z comp>$ to ! numb] & doll> am\nt ( loans made z ( ! date ( ! report2 7vi7 ! numb] & doll> am\nt ( loans n fully =giv5 "u section #aajf ( ! ,,c>es ,act 7,public ,law #aaf-acf71 & ! proportion ( t doll> am\nt ( loans t become t]m loans gu>ante$ by ! ,adm9i/ration "u section #g7;a77#cf7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fcf7;a77#cf772 7vii7 ! numb] ( p>ticipat+ l5d]s by type1 includ+ a break\t ( ! numb] ( p>ticipat+ l5d]s t are insur$ depository in/itutions1 cr$it unions1 or community f9ancial in/itutions describ$ 9 section #g7;a77#cf77,s7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fcf7;a77#cf77,s772 7viii7 ! total am\nt ( ! l5d] comp5sation fees paid to l5d]s2 & 7ix7 ! total am\nt l5d]s paid 9 brok] fees2 & 7,b7 loans made "u section #g7;b77#b7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fcf7;b77#b77 9 accordance ) section #aaaj ( ! ,,c>es ,act 7,public ,law #aaf-acf7 & em]g5cy grants made "u subsection 7e7 ( su* section #aaaj1 :i* %all include-- 7i7 ! numb] & doll> am\nt ( loans approv$ = & ! numb] & doll> am\nt ( loans disburs$ to all borr[]s1 includ+ a break\t ( loans by ,/ate1 congressional di/rict1 demographics1 indu/ry1 & loan size2 7ii7 ! numb] & doll> am\nt ( grants approv$ = & ! numb] & doll> am\nt ( loans disburs$ to grantees1 includ+ a break\t ( loans by ,/ate1 congressional di/rict1 demographics1 indu/ry1 & grant size2 7iii7 ! numb] & doll> am\nt ( grants approv$ = & ! numb] & doll> am\nt ( loans disburs$ to private nonpr(it organizations1 includ+ a break\t by ,/ate1 congressional di/rict1 indu/ry1 & loan or grant size2 7iv7 = ea* category ( borr[]s or grantees1 ! numb] employees ( ! borr[] or grantee at ! "t at :i* an application is submitt$ = ! loan or grant1 & ! numb] ( employees expect$ to be reta9$ by ! borr[] or grantee z a result ( ! loan or grant :o o!rwise w\ld n h be5 reta9$2 7v7 loan process+ times1 includ+ process+ times = application to approval & approval to disbursem5t2 & 7vi7 grant process+ times1 includ+ ! p]c5tage ( advances t 7 provid$ )9 #c days ( submission ( ! application1 z requir$ "u section #aaaj7;e77#a7 ( ! ,,c>es ,act 7,public ,law #aaf-acf74 7#b7 ,report+ on debt relief = microloans1 #g7;a7 loans1 & #ejd loans ,! ,adm9i/rator %all include 9 ea* weekly report submitt$ "u p>agraph 7#a71 & update z ! data is available & n less frequ5tly ?an on a mon?ly basis until ! date describ$ 9 p>agraph 7#a71 ) respect to paym5ts made on cov]$ loans "u section #aaab7;c7 ( ! ,,c>es ,act 7,public ,law #aaf-acf7-- 7,a7 ! total doll> am\nt approv$ & ! total am\nt disburs$ by ! ,adm9i/ration & ! numb] ( borr[]s receiv+ assi/ance "u su* section #aaab7;c71 includ+ a breakd[n by-- 7i7 ea* type ( cov]$ loan describ$ 9 subp>agraphs 7,a7 & 7,b7 ( p>agraph 7#a7 & p>agraph 7#b7 ( su* section #aaab7;a72 & 7ii7 :e!r ! borr[] is-- 7,i7 an exi/+ borr[] ( a cov]$ loan1 z describ$ 9 subp>agraph 7,a7 or 7,b7 ( su* section #aaab7;c77#a72 or 7,,ii7 a new borr[] ( a cov]$ loan1 z describ$ 9 subp>agraph 7,c7 ( su* section #aaab7;c77#a72 7,b7 ! total doll> am\nt approv$ & ! total am\nt disburs$ by ! ,adm9i/ration & numb] ( borr[]s receiv+ assi/ance "u su* section #aaab7;c7 brok5 out by ,/ate & congressional di/rict1 includ+ a breakd[n by ea* type ( cov]$ loan describ$ 9 subp>agraphs 7,a7 & 7,b7 ( p>agraph 7#a7 & p>agraph 7#b7 ( su* section #aaab7;a72 & 7,c7 ! total numb] & am\nt ( new cov]$ loans by approval & disbursem5t brok5 out by l5d+ in/itution1 includ+ a break\t ( loans by ,/ate1 congressional di/rict1 demographics1 indu/ry1 & loan size4 7#c7 ,retroactive data ,n lat] ?an #ad days aft] ! date ( enactm5t ( ?is ,act1 ! ,adm9i/rator %all submit to ,congress a report t conta9s ! data describ$ 9 p>agraphs 7#a7 & 7#b71 brok5 d[n on a weekly basis 9 accordance ) ^? p>agraphs1 ) respect to ! assi/ance describ$ 9 ^? p>agraphs t 0 made available dur+ ! p]iod beg9n+ on ! date ( enactm5t ( ! ,,c>es ,act 7,public ,law #aaf-acf7 & end+ on ! day be=e ! date ( enactm5t ( ?is ,act4 7c7 ,jobs outcomes = ! debt relief program 7#a7 ,9 g5]al ,to ! ext5t practicable1 ) respect to ea* type ( cov]$ loan describ$ 9 subp>agraphs 7,a7 & 7,b7 ( p>agraph 7#a7 & p>agraph 7#b7 ( section #aaab7;a7 ( ! ,,c>es ,act 7,public ,law #aaf-acf71 ! ,adm9i/rator %all submit to ,congress in=mation on-- 7,a7 ! numb] ( employees-- 7i7 = exi/+ borr[]s ( a cov]$ loan1 z describ$ 9 subp>agraph 7,a7 or 7,b7 ( su* section #aaab7;c77#a7 at ! />t ( ! debt relief "u su* section #aaab7;c72 & 7ii7 = new borr[]s ( a cov]$ loan1 z describ$ 9 subp>agraph 7,c7 ( su* section #aaab7;c77#a71 at ! "t ( application = ! cov]$ loan2 & 7,b7 ! numb] ( employees expect$ to be reta9$ by ! borr[] z a result ( ! cov]$ loan or debt relief :o o!rwise w\ld n h be5 reta9$4 7#b7 ,tim+ ,! ,adm9i/rator %all submit to ,congress ! in=mation requir$ "u p>agraph 7#a7 to ! ext5t practicable & n lat] ?an ,octob] #a1 #bjbj1 ) an updat$ v]sion submitt$ n lat] ?an ,janu>y #ca1 #bjba4 7d7 ,report on ,,covid relief sal>ies & exp5ses fund+ & anti-,wa/e1 fraud & abuse plans ,n lat] ?an #cj days aft] ! date ( enactm5t ( ?is ,act1 ! ,adm9i/rator & ! ,secret>y ( ! ,treasury %all submit to ! appropriate congressional committees a report t includes-- 7#a7 ! plans ( ! ,adm9i/rator to use ! #fge1jjj1jjj provid$ 9 section #aajg7;a77#b7 ( ! ,,c>es ,act 7,public ,law #aaf-acf7 & ! #b1ajj1jjj1jjj provid$ 9 ! ,pay*eck ,protection ,program & ,heal? ,c>e ,enhancem5t ,act 7,public ,law #aaf-aci7 = sal>ies & exp5ses1 includ+ /aff hir$1 ! use ( outside consultants1 program improvem5ts1 & sy/em upgrades1 to c>ry out ! provisions ( title ,i ( division ,a ( ! ,,c>es ,act 7,public ,law #aaf-acf72 & 7#b7 a plan t details /eps t ! ,adm9i/ration & ! ,dep>tm5t ( ! ,treasury are tak+ to id5tify & prev5t pot5tial in/ances ( wa/e1 fraud1 & abuse relat+ to cov]$ assi/ance4 7e7 ,,gao report on small bus9ess ,,covid-#ai small bus9ess programs ,n lat] ?an #ahj days aft] ! date ( enactm5t ( ?is ,act1 ! ,comptroll] ,g5]al ( ! ,unit$ ,/ates %all submit to ! appropriate congressional committees a report t-- 7#a7 assesses ! effectiv5ess ( ! requirem5ts & s5se ( ! ,s5ate "u section #g7;a77#cf77,p7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fcf7;a77#cf77,p77 to ensure und]s]v$ borr[]s1 includ+ socially & economically disadvantag$ individuals1 wom51 & vet]ans & memb]s ( ! milit>y community1 z well z small bus9ess conc]ns locat$ 9 und]s]v$ & rural m>kets & 9 op]ation = less ?an #b ye>s1 receiv$ assi/ance "u ! pay*eck protection program1 includ+ a review ( actions by ! ,adm9i/ration & relevant data2 7#b7 assesses ! effectiv5ess ( ! ,adm9i/ration 9 rea*+ und]s]v$ bus9esses 9 grants made "u section #aaaj7;e7 ( ! ,,c>es ,act 7,public ,law #aaf-acf7 & loans made "u section #g7;b77#b7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fcf7;b77#b77 9 accordance ) section #aaaj ( ! ,,c>es ,act 7,public ,law #aaf-acf71 includ+ socially & economically disadvantag$ individuals1 wom51 & vet]ans & memb]s ( ! milit>y community1 z well z small bus9ess conc]ns locat$ 9 und]s]v$ & rural m>kets & 9 op]ation = less ?an #b ye>s2 7#c7 provides a compreh5sive review ( ! data describ$ 9 subsections 7a7 & 7b71 includ+ ! retroactive data submitt$ "u subsections 7a77#c7 & 7b77#c72 7#d7 assesses ! impact on jobs ( ! pay*eck protection program "u section #g7;a77#cf7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fcf7;a77#cf771 ! economic injury disa/] loan program "u section #g7;b77#b7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fcf7;b77#b77 9 accordance ) section #aaaj ( ! ,,c>es ,act 7,public ,law #aaf-acf71 ! em]g5cy economic injury disa/] loan grant program e/abli%$ "u section #aaaj ( ! ,,c>es ,act 7,public ,law #aaf-acf71 & to ! ext5t possible ! debt relief program "u section #aaab ( su* ,act1 includ+ a review ( ! data describ$ 9 subsection 7c72 7#e7 provides a li/ ( ! #ae l5d]s t made ! mo/ loans "u section #g7;a77#cf7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fcf7;a77#cf77 by numb] & doll> am\nt1 & a review ( h[ ! l5d]s process$ ! loans & ! borr[]s t receiv$ ! loans2 7#f7 provides a li/ ( ! #ae community f9ancial in/itutions l5d]s t made ! mo/ loans "u section #g7;a77#cf7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fcf7;a77#cf77 by numb] & doll> am\nt1 & a review ( h[ ! l5d]s process$ ! loans & ! borr[]s t receiv$ ! loans2 7#g7 provides ! total am\nt ( ! l5d] comp5sation fees paid to ea* l5d] "u section #g7;a77#cf7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fcf7;a77#cf772 7#h7 provides ! total am\nt ea* l5d] paid 9 brok] fees "u section #g7;a77#cf7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fcf7;a77#cf772 & 7#i7 provides1 to ! ext5t practicable1 detail$ in=mation on process+ times =-- 7,a7 loan approvals & loan disbursem5ts "u section #g7;a77#cf7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fcf7;a77#cf772 7,b7 l5d] comp5sation fees paid by ! ,adm9i/ration to l5d]s "u su* section #g7;a77#cf72 7,c7 notices ( =giv5ess ( ! loans "u section #aajf ( ! ,,c>es ,act 7,public ,law #aaf-acf7 to borr[]s2 7,d7 grants made "u section #aaaj7;e7 ( ! ,,c>es ,act 7,public ,law #aaf-acf72 & 7,e7 loans made "u section #g7;b77#b7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fcf7;b77#b77 9 accordance ) section #aaaj ( ! ,,c>es ,act 7,public ,law #aaf-acf74 7f7 ,collection ( demographic & jobs data = ! pay*eck protection program ,) respect to data n collect$ on initial ! application =m = a loan "u section #g7;a77#cf7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fcf7;a77#cf771 includ+ demographic & job in=mation1 ! ,adm9i/rator %all reque/ t in=mation :5 a borr[] applies = loan =giv5ess "u section #aajf ( ! ,,c>es ,act 7,public ,law #aaf-acf74 7g7 ,privacy consid]ations ,9 publi%+ ! data "u ?is ,act1 ! ,adm9i/rator %all take all necess>y /eps to protect ! s5sitive p]sonally id5tifiable in=mation includ$ 9 t data1 includ+ social security numb]s1 bank acc\nt & cr$it c>d numb]s1 dates ( bir?1 & o!r in=mation o!r ?an ! applicant bus9ess or nonpr(it organization "n1 bus9ess or nonpr(it organization address1 loan or grant am\nt & loan =giv5ess am\nt1 l5d] "n1 & l5d] address4 7h7 ,public availability 7#a7 ,9 g5]al ,! ,adm9i/rator %all make available to ! public on ! website ( ! ,adm9i/ration-- 7,a7 ea* report requir$ to be submitt$ "u ?is ,act2 & 7,b7 any data conta9$ 9 a report submitt$ "u ?is ,act1 9 a /&>diz$ & d[nloadable =mat4 7#b7 ,in=mation ab\t ,,c>es ,act recipi5ts & l5d]s ,consi/5t ) in=mation t ! ,adm9i/rator makes available on loans made by ! ,adm9i/ration 9 compliance ) section #eeb ( title #e1 ,unit$ ,/ates ,code 7commonly kn[n z ! ,fre$om ( ,in=mation ,act71 ! ,adm9i/rator %all make available to ! public in=mation ab\t ! pay*eck protection program "u section #g7;a77#cf7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fcf7;a77#cf771 ! economic injury disa/] loan program "u section #g7;b77#b7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fcf7;b77#b77 9 accordance ) section #aaaj ( ! ,,c>es ,act 7,public ,law #aaf-acf71 ! em]g5cy economic injury disa/] loan grant program e/abli%$ "u section #aaaj ( ! ,,c>es ,act 7,public ,law #aaf-acf71 & ! debt relief program "u section #aaab ( su* ,act1 includ+-- 7,a7 ! "n ( ea* bus9ess or nonpr(it organization borr[] or grantee2 7,b7 ! address ( ! pr9cipal place ( bus9ess ( ea* borr[] or grantee2 7,c7 ! "n & address ( ! pr9cipal place ( bus9ess ( ea* l5d]2 7,d7 ! am\nt ( ea* loan or grant2 7,e7 ! ,nor? ,am]ican ,indu/ry ,classification ,sy/em code ( ea* borr[] or grantee2 7,f7 :e!r ea* borr[] or grantee is a fran*isee2 & 7,g7 ! type ( bus9ess ( ea* borr[] or grantee4