To require the Administrator of the Small Business Administration to provide economic injury grants for small business concerns affected by the COVID-19 pandemic, and for other purposes.
Small Business COVID-19 Recovery Grants Act of 2020
This bill requires the Small Business Administration to provide grants to small businesses that have suffered substantial economic injury as a result of COVID-19 (i.e., coronavirus disease 2019).
Such grants may not exceed a specified amount and may be used to address direct effects of COVID-19, including (1) providing paid sick leave to employees, (2) maintaining payroll, and (3) meeting increased supply chain costs.
Referred to the House Committee on Small Business.
Introduced in House
Introduced in House
Referred to the House Committee on Small Business.
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