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 Appropriations Act, 2020 (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). Small business administration .
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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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