S 815 United States Senate · 117th Congress

PPP Extension Act of 2021

Summary

PPP Extension Act of 2021 This bill extends the Paycheck Protection Program, established to support small businesses in response to COVID-19, through June 30, 2021. Currently, the program is set to expire on March 31, 2021. For the final 30 days of the program (i.e., from June 1 until June 30), the Small Business Administration (SBA) may only process applications submitted prior to June 1, and it may not accept any new loan applications. The bill also prohibits the SBA from prioritizing certain applications over others.

Bill status in committee 1 of 4 stages cleared

Introduction

Mar 2021

Committee Review

Floor Vote

President

Introduced Mar 17, 2021 Last action Mar 17, 2021

Floor votes

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No floor votes recorded yet.

Full legislative history

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Total actions

Key actions

Committee

Mar 17, 2021

Committee

Read twice and referred to the Committee on Small Business and Entrepreneurship.

upper

Mar 17, 2021

Introduced

Introduced in Senate

upper

1 primary · 15 co-sponsors

Sponsors

Role

Legislator

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State

District