Sec. 1. Extending authority for commitments for the paycheck protection program and separating amounts authorized for other 7(a) loans
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Section 1102(b) of title I of division A of the Coronavirus Aid, Relief, and Economic Security Act ( Public Law 116–136 ) is amended to read as follows: During the period beginning on February 15, 2020 and ending on August 8, 2020, the amount authorized for commitments under paragraph
(36)of section 7(a) of the Small Business Act ( 15 U.S.C. 636(a) ) shall be $659,000,000,000. During fiscal year 2020, the amount authorized for commitments for section 7(a) of the Small Business Act ( 15 U.S.C. 636(a) ) under the heading under the heading Business loans program account under title V of the Consolidated Appro priations Act, 2020 ( Small business administration Public Law 116–93 ; 133 Stat. 2475) shall apply with respect to any commitments under such section 7(a) other than under paragraph
(36)of such section 7(a). .
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- Coronavirus Aid, Relief, and Economic Security ActPublic Law 116-136
- Consolidated Appropriations Act, 2020Public Law 116-93
- To extend the authority for commitments for the paycheck protection program and separate amounts authorized for other loans under section 7(a) of the Small Business Act, and for other purposes.July 4, 2020[[SPublic Law 116-147
U.S. Code
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Sec. 1
Extending authority for commitments for the paycheck protection program and separating amounts authorized for other 7(a) loans
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