To permit payments for certain business software or cloud computing services as allowable uses of a loan made under the Paycheck Protection Program of the Small Business Administration.
About This Bill
Committee
Latest Action · October 16, 2020
Referred to the House Committee on Small Business.
This bill expands allowable and forgivable uses of a loan made pursuant to the Paycheck Protection Program, enacted to support small businesses in response to COVID-19 (i.e., coronavirus disease 2019), to include payment for any business software or cloud computing service that facilitates certain business operations or processes.
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