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 (i.e., coronavirus disease 2019), 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 may only process applications submitted prior to June 1, and it may not accept any new loan applications.
Bill status
in committee
1 of 4 stages cleared
Introduction
Mar 2021
Committee Review
Floor Vote
President
Introduced Mar 11, 2021
Last action Mar 24, 2021
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
4
Key actions
2
Committee
3
Mar 24, 2021
Upper · Passed
Committee on Small Business and Entrepreneurship. Hearings held.
upper
Mar 17, 2021
Upper · Passed
Committee on Small Business and Entrepreneurship. Hearings held.
upper
Mar 11, 2021
Committee
Read twice and referred to the Committee on Small Business and Entrepreneurship. (Sponsor introductory remarks on measure: CR S1503)
upper
Mar 11, 2021
Introduced
Introduced in Senate
upper
1 primary · 16 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Susan M. Collins
RRepublican
Co
Amy Klobuchar
DDemocratic
Co
Benjamin L. Cardin
DDemocratic
Co
Dan Sullivan
RRepublican
Co
Jacky Rosen
DDemocratic
Co
Jeanne Shaheen
DDemocratic
Co
Jeff Merkley
DDemocratic
Co
Joe Manchin, III
IIndependent
Co
Jon Ossoff
DDemocratic
Co
Lisa Murkowski
RRepublican
Co
Martin Heinrich
DDemocratic
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