,,ii  #aag? ,,congress  #a/ ,session    
,s4 #aadj  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,april #ae1 #bjba ,mr4 
,k+ 7= himself & ,ms4 ,coll9s7 introduc$
 ! foll[+ bill2 :i* 0 read twice &      
ref]r$ to ! ,committee on ,small        
,bus9ess & ,entrepr5eur%ip  ,a ,,bill   
,to am5d ! ,small ,bus9ess ,act to alt] 
! maximum am\nt ( a second draw loan "u 
! ,pay*eck ,protection ,program1 & = o!r
 purposes4  #a4 ,%ort title ,?is ,act   
may be cit$ z ! ,seasonal ,bus9ess ,,ppp
 ,p>ity ,act4  #b4 ,maximum am\nt (     
second draw loan  7a7 ,9 g5]al ,section 
#g7;a77#cg7 ( ! ,small ,bus9ess ,act    
7#ae ,u4,s4,c4 #fcf7;a77#cg77 is am5d$  
by /rik+ subp>agraph 7,c7 & ins]t+ !    
foll[+3  7,c7 ,maximum loan am\nt  7i7  
,9 g5]al ,except z o!rwise provid$ 9 ?is
 subp>agraph1 ! maximum am\nt ( a cov]$ 
loan made to an eligible entity is ! sum
 (-- 7,i7 ! less] (--  7aa7 ! product   
obta9$ by multiply+-- 7,,aa7 at !       
election ( ! eligible entity1 ! av]age  
total mon?ly paym5t = payroll co/s      

incurr$ or paid by ! eligible entity    
dur+ ! #a-ye> p]iod be=e ! date on :i* !
 loan is made or cal5d> ye> #bjai2 by   
7,,bb7 #b4e2 or  7bb7 #b1jjj1jjj2 plus  
7,,ii7 ) respect to a loan receiv$ "u   
p>agraph 7#cf7 = :i* ! eligible entity  
receiv$ =giv5ess "u section #aajf ( !   
,,c>es ,act 7z 9 effect be=e ! date (   
enactm5t ( ?is p>agraph71 ! am\nt ( an  
increase ) respect to t loan t !        
eligible entity w\ld h be5 eligible to  
receive "u section #cab ( ! ,economic   
,aid to ,h>d-,hit ,small ,bus9esses1    
,nonpr(its1 & ,v5ues ,act 7title ,,iii (
 division ,n ( ,public ,law #aaf-bfj7 if
 ! eligible entity _h n receiv$ su*     
=giv5ess4  7ii7 ,seasonal employ]s ,!   
maximum am\nt ( a cov]$ loan made to an 
eligible entity t is a seasonal employ] 
is ! sum (--  7,i7 ! less] (-- 7aa7 !   
product obta9$ by multiply+-- 7,,aa7 at 
! election ( ! eligible entity1 ! av]age
 total mon?ly paym5ts = payroll co/s    
incurr$ or paid by ! eligible entity =  
any #ab-week p]iod betwe5 ,febru>y #ae1 

#bjai & ,febru>y #ae1 #bjbj2 by 7,,bb7  
#b4e2 or  7bb7 #b1jjj1jjj2 plus  7,,ii7 
) respect to a loan receiv$ "u p>agraph 
7#cf7 = :i* ! seasonal employ] receiv$  
=giv5ess "u section #aajf ( ! ,,c>es    
,act 7z 9 effect be=e ! date ( enactm5t 
( ?is p>agraph71 ! am\nt ( an increase )
 respect to t loan t ! seasonal employ] 
w\ld h be5 eligible to receive "u       
section #cab ( ! ,economic ,aid to      
,h>d-,hit ,small ,bus9esses1 ,nonpr(its1
 & ,v5ues ,act 7title ,,iii ( division  
,n ( ,public ,law #aaf-bfj7 if !        
seasonal employ] _h n receiv$ su*       
=giv5ess4  7iii7 ,new entities ,!       
maximum am\nt ( a cov]$ loan made to an 
eligible entity t did n exi/ dur+ !     
#a-ye> p]iod prec$+ ,febru>y #ae1 #bjbj 
is ! sum (-- 7,i7 ! less] (--  7aa7 !   
product obta9$ by multiply+-- 7,,aa7 !  
quoti5t obta9$ by divid+ ! sum ( ! total
 mon?ly paym5ts by ! eligible entity =  
payroll co/s paid or incurr$ by !       
eligible entity z ( ! date on :i* !     
eligible entity applies = ! cov]$ loan  

by ! numb] ( mon?s 9 :i* ^? payroll co/s
 7 paid or incurr$2 by 7,,bb7 #b4e2 or  
7bb7 #b1jjj1jjj2 plus  7,,ii7 ) respect 
to a loan receiv$ "u p>agraph 7#cf7 =   
:i* ! eligible entity receiv$ =giv5ess  
"u section #aajf ( ! ,,c>es ,act 7z 9   
effect be=e ! date ( enactm5t ( ?is     
p>agraph71 ! am\nt ( an increase )      
respect to t loan t ! eligible entity   
w\ld h be5 eligible to receive "u       
section #cab ( ! ,economic ,aid to      
,h>d-,hit ,small ,bus9esses1 ,nonpr(its1
 & ,v5ues ,act 7title ,,iii ( division  
,n ( ,public ,law #aaf-bfj7 if !        
eligible entity _h n receiv$ su*        
=giv5ess4  7iv7 ,,naics #gb entities ,! 
maximum am\nt ( a cov]$ loan made to an 
eligible entity t is assign$ a ,nor?    
,am]ican ,indu/ry ,classification ,sy/em
 code beg9n+ ) #gb at ! "t ( disbursal  
is ! sum (--  7,i7 ! less] (-- 7aa7 !   
product obta9$ by multiply+-- 7,,aa7 at 
! election ( ! eligible entity1 ! av]age
 total mon?ly paym5t = payroll co/s     
incurr$ or paid by ! eligible entity    

dur+ ! #a-ye> p]iod be=e ! date on :i* !
 loan is made or cal5d> ye> #bjai2 by   
7,,bb7 #c4e2 or  7bb7 #b1jjj1jjj2 plus  
7,,ii7 ) respect to a loan receiv$ "u   
p>agraph 7#cf7 = :i* ! eligible entity  
receiv$ =giv5ess "u section #aajf ( !   
,,c>es ,act 7z 9 effect be=e ! date (   
enactm5t ( ?is p>agraph71 ! am\nt ( an  
increase ) respect to t loan t !        
eligible entity w\ld h be5 eligible to  
receive "u section #cab ( ! ,economic   
,aid to ,h>d-,hit ,small ,bus9esses1    
,nonpr(its1 & ,v5ues ,act 7title ,,iii (
 division ,n ( ,public ,law #aaf-bfj7 if
 ! eligible entity _h n receiv$ su*     
=giv5ess4  4  7b7 ,effective date2      
applicability ,! am5dm5ts made by       
subsection 7a7 %all be effective z if   
includ$ 9 ! ,economic ,aid to ,h>d-,hit 
,small ,bus9esses1 ,nonpr(its1 & ,v5ues 
,act 7title ,,iii ( division ,n (       
,public ,law #aaf-bfj7 & %all apply to  
any loan made pursuant to section       
#g7;a77#cg7 ( ! ,small ,bus9ess ,act    
7#ae ,u4,s4,c4 #fcf7;a77#cg77 be=e1 on1 

or aft] ! date ( enactm5t ( ?is ,act4