,,ii  #aaf? ,,congress  #b;d ,session   
,s4 #died  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,decemb] #c1 #bjbj,mr4 
,k5n$y introduc$ ! foll[+ bill2 :i* 0   
read twice & ref]r$ to ! ,committee on  
,small ,bus9ess & ,entrepr5eur%ip  ,a   
,,bill  ,to am5d ! ,,c>es ,act to       
simplify ! proc$ure = apply+ = =giv5ess 
= c]ta9 loans made "u ! ,pay*eck        
,protection ,program1 & = o!r purposes4 
#a4 ,%ort title ,?is ,act may be cit$ z 
! ,simplify+ ,,ppp ,=giv5ess ,act4  #b4 
,simplifi$ application ,section #aajf ( 
! ,,c>es ,act 7#ae ,u4,s4,c4 #ijje7 is  
am5d$-- 7#a7 9 subsection 7e71 9 ! matt]
 prec$+ p>agraph 7#a71 by /rik+ ,an     
eligible & ins]t+ ,except z provid$ 9   
subsection 7m71 an eligible2  7#b7 9    
subsection 7f71 by ins]t+ or ! in=mation
 requir$ "u subsection 7m71 z applicable
 aft] subsection 7e72 &  7#c7 by add+ at
 ! end ! foll[+3  7m7 ,simplifi$        
application  7#a7 ,9 g5]al ,not)/&+     
subsection 7e71 ) respect to a cov]$    
loan made to an eligible recipi5t t is n

 m ?an #ajj1jjj1 ! cov]$ loan am\nt %all
 be =giv5 "u ?is section if ! eligible  
recipi5t-- 7,a7 signs & submits to !    
l5d] an atte/ation t ! eligible recipi5t
 made a good fai? ef=t to comply ) !    
requirem5ts "u section #g7;a77#cf7 ( !  
,small ,bus9ess ,act 7#ae ,u4,s4,c4     
#fcf7;a77#cf772 &  7,b7 = ! #c-ye> p]iod
 foll[+ submission ( ! atte/ation "u    
subp>agraph 7,a71 reta9s records        
relevant to ! atte/ation t prove        
compliance ) ^? requirem5ts4  7#b7      
,demographic in=mation ,an eligible     
recipi5t ( a cov]$ loan describ$ 9      
p>agraph 7#a7 may complete & submit any 
=m relat$ to borr[] demographic         
in=mation4  7#c7 ,audit ,! ,adm9i/rator 
may-- 7,a7 review & audit cov]$ loans   
describ$ 9 p>agraph 7#a72 &  7,b7 9 !   
case ( fraud1 ineligibility1 or o!r     
mat]ial noncompliance ) applicable loan 
or loan =giv5ess requirem5ts1 modify--  
7i7 ! am\nt ( a cov]$ loan describ$ 9   
p>agraph 7#a72 or  7ii7 ! loan =giv5ess 
am\nt ) respect to a cov]$ loan describ$

 9 p>agraph 7#a74  4  #c4 ,calculator = 
pay*eck protection program loan =giv5ess
  7a7 ,def9itions ,9 ?is section-- 7#a7 
! t]m ,adm9i/rator means ! ,adm9i/rator 
( ! ,small ,bus9ess ,adm9i/ration2 &    
7#b7 ! t]m cov]$ loan has ! mean+ giv5 !
 t]m 9 section #g7;a77#cf7 ( ! ,small   
,bus9ess ,act 7#ae ,u4,s4,c4            
#fcf7;a77#cf774  7b7 ,onl9e calculator  
,! ,adm9i/rator %all take actions1 9    
accordance ) ?is section1 to ensure !   
availability ( a calculator ) respect to
 =giv5ess ( cov]$ loans t-- 7#a7 is     
easily accessible by ! public onl9e2    
7#b7 c be utiliz$ )\t co/2  7#c7 )      
respect to a cov]$ loan1 all[s a l5d] or
 recipi5t to accurately e/imate ! am\nt 
( loan =giv5ess relat$ to ! cov]$ loan2 
&  7#d7 assi/s a l5d] or recipi5t to    
complete an application to reque/ loan  
=giv5ess ) respect to a cov]$ loan4  7c7
 ,mann] ( provision ,n lat] ?an #e days 
aft] ! date ( enactm5t ( ?is ,act1 !    
,adm9i/rator %all e/abli%1 & !reaft]    
ma9ta9-- 7#a7 a calculator t satisfies !

 requirem5ts specifi$ 9 subsection 7b72 
or  7#b7 a process to c]tify a          
calculator e/abli%$ & ma9ta9$ by a ?ird 
p>ty t satisfies ^? requirem5ts4  7d7   
,c]tification process requirem5ts  7#a7 
,9 g5]al ,if1 "u subsection 7c71 !      
,adm9i/rator elects only to e/abli% !   
c]tification process ref]5c$ 9 p>agraph 
7#b7 ( t subsection1 ! ,adm9i/rator--   
7,a7 n lat] ?an #aj days aft] ! date (  
enactm5t ( ?is ,act1 %all c]tify n less 
?an #a calculator t satisfies !         
requirem5ts specifi$ 9 subsection 7b72  
7,b7 ^u reque/1 %all review &1 aft] a   
c]tification "u subp>agraph 7,a71 may   
c]tify additional calculators t satisfy 
! requirem5ts specifi$ 9 p>agraphs 7#a71
 7#c71 & 7#d7 ( subsection 7b71 )       
c]tification det]m9ations made n lat]   
?an #aj days aft] ! receipt ( an        
application = review2 &  7,c7 n lat] ?an
 #aj days aft] ! date ( enactm5t ( ?is  
,act1 & weekly !reaft]1 %all make       
available to ! public onl9e a li/       
specify+ ! calculators-- 7i7 c]tifi$    

pursuant to ?is section2 &  7ii7 "u     
review = c]tification4  7#b7 ,assi/$    
applications ,! ,adm9i/rator %all accept
 an application to reque/ loan =giv5ess 
) respect to a cov]$ loan submitt$ ) !  
assi/ance ( a calculator c]tifi$ "u ?is 
section4  7#c7 ,use ( logo ,!           
,adm9i/rator may e/abli% a logo t a ?ird
 p>ty may utilize to signify t a        
calculator is c]tifi$ pursuant to ?is   
section4  7e7 ,coord9ation ) ,dep>tm5t (
 ! ,treasury ,! ,adm9i/rator %all c>ry  
out ?is section 9 coord9ation ) !       
,secret>y ( ! ,treasury4  7f7           
,expiration ,! requirem5ts "u ?is       
section %all cease to h effect on       
,octob] #ca1 #bjba4