Sec. 2. Simplified application for covered loans up to $350,000
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Section 7A(l) of the Small Business Act ( 15 U.S.C. 636m(l) ) is amended— in paragraph (1)— in the paragraph heading, by striking and inserting $150,000 ; and $350,000 by striking not more than $150,000 each place it appears and inserting less than or equal to $350,000 ; and in paragraph (2)— in the paragraph heading, by striking and inserting $150,000 ; and $350,000 in subparagraph (A), by striking $150,000 and inserting $350,000 . The amendment made by this subsection shall be effective as if included in the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act ( Public Law 116–260 ; 134 Stat. 1993) and shall apply to any loan made pursuant to section 7(a)(36) of the Small Business Act ( 15 U.S.C. 636(a)(36) ) before, on, or after the date of enactment of this Act, including forgiveness of such a loan.
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- 134 Stat. 1993
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Sec. 2
Simplified application for covered loans up to $350,000
Stat.134 Stat. 1993
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