Sec. 24. Authorization of appropriations and other matters
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In addition to amounts provided under any other provision of law, there is authorized to be appropriated, to remain available until expended— $5,000,000,000 to carry out sections 8, 9, 10, and 11; $177,000,000 for administrative expenses related to carrying out the disaster loan program under section 7(b)(2) of the Small Business Act ( 15 U.S.C. 636(b)(2) ); $1,000,000,000 for loan subsidies for the disaster loan program under section 7(b)(2) of the Small Business Act ( 15 U.S.C. 636(b)(2) ); and $200,000,000 for salaries and expenses for the Administration.
(a)program loans During the period beginning on the date of enactment of this Act and ending on September 30, 2021, a recipient of a loan made under section 7(a) of the Small Business Act ( 15 U.S.C. 636(a) ) (including a recipient of assistance under the Community Advantage Pilot Program of the Administration) may, in addition to the allowable uses of such a loan, use the proceeds of the loan for payroll support, including paid sick, medical, or family leave, and costs related to the continuation of group health care benefits during those periods of leave. Not later than 15 days after the date of enactment of this Act, the Administrator shall issue guidance to lenders under section 7(a) of the Small Business Act ( 15 U.S.C. 636(a) ) on payroll and support and disrupted supply chain eligibility under paragraph (1).
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Sec. 24
Authorization of appropriations and other matters
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